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Properties | Afton Mines - Kamloops(BC) - GOLD |
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| Afton Mines |
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General presentation of property
The claims L 899 and L 4798 are located 10 kilometers west of the Afton copper-gold mine, formally owned and operated by Teck Cominco Ltd. and which produced low grade copper and gold from 1978 to 1987. The Afton mine is now owned by New Gold Corp. ("New Gold") who, recognizing the potential for high-grade copper gold mineralization amenable to underground mining, has outlined a Measured and Indicated Resource of 68.7 Million Tonnes grading 1.08% copper and 0.85 g/t gold underneath the Afton pit. The company's claims, totaling 36.16 hectares in size, are located within the area controlled by New Gold and immediately south of the Afton pit and north of the smaller Pothook pit.
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Mineral Resource Study summary
1972 :.legal surveying, ground magnetics 21 percussion holes totalling 2,270m and 5 diamond drill holes totalling 1,433m
1972 - 2005 : No work was done on the claims in this period due to legal issues surrounding the of the title to the crown grants. (we have to explain why nothing was done on the property in this time, Jim to explain in a few words and to state title is now 100% with WCX).
2005 : Natural and controlled source audio frequency magnetotellurics (NSAMT and CSAMT) geophysical surveys on 3 lines crossing the claims. This type of survey is a high resolution electromagnetic sounding technique that in the case of NSAMT utilizes magnetotelluric signals that are produced naturally by electrical currents that exist within the earth. CSAMT uses an artificial signal source that enables measurement when natural sources are weak. Both techniques enable the resolution of geologic features to greater depths than other geophysical techniques, often over two kilometers depth, and have been used effectively worldwide in mineral exploration since the 1970's. Prominent conductivity anomalies were identified on each of the lines surveyed.
Diamond drilling on the Pothook property commenced in late August 2005 and was completed in December of the same year. The drilling was designed to test the conductivity anomalies identified by the 2005 geophysical survey. Five NQ holes totalling 2231m were completed.
The table below summarizes significant mineralized intervals.
| Hole |
From | To |
Interval (m) |
Cu %
(weighted average) | Au grams/tonne
(weighted average) |
| DH-2005-1 | 110.60 | 112.63 | 2.03 | 0.049 | 0.33 |
| DH-2005-1 | 144.59 | 148.8 | 4.21 | 0.250 | 0.12 |
| DH-2005-1 | 172.80 | 195.55 | 22.75 | 0.180 | 0.22 |
| including: | 173.75 | 176.75 | 3.00 | 0.355 | 0.28 |
| DH-2005-2 | 215.68 | 220.98 | 5.30 | 0.139 | 0.15 |
| DH-2005-4 | 266.19 | 273.63 | 6.94 | 0.144 | 0.20 |
| DH-2005-5 | 185.40 | 189.60 | 4.20 | 0.175 | 0.58 |
| DH-2005-5 | 291.15 | 293.88 | 2.73 | 0.230 | 0.11 |
The highest gold assays were 0.8m with 1.52 g/t Au (DH-2005-1; 184.25-185.05m), 0.56m with 1.50 g/t Au (DH-2005-1; 56.40-56.96m) and 0.50m with 1.14 g/t Au (DH-2005-2; 188.35-188.85m).
The highest copper analyses were 0.40m with 0.905 % Cu (DH-2005-2; 215.68-216.08m), 0.45m with 0.599 % Cu (DH-2005-1; 175.80-176.25m) and 0.60m with 0.576% Cu (DH-2005-1; 68.43-69.03m).
The highest silver analyses were 1.28m with 36.1 g/t Ag (DH-2005-2; 364.42-365.70m) and 1.73m reporting 10.3 g/t Ag (DH-2005-2; 402.38-404.11m).
Copper mineralization occurs in three modes; native copper in association with specular hematite stockworks, chalcopyrite in coarse magnetite-apatite veins and chalcopyrite stringers and veins in potassic altered diorite.
2006 : Five NQ diamond drill holes were sited to test the depth extent of the geophysical anomalies indentified in 2005. The total depth of the five holes was 6,279.98m. Three of the holes (DH-2006-2, DH-2006-3 and DH-2006-4, totalling 2,446.55m depth) made up a joint drill program with New Gold Inc. along the western boundary of WCX's crown grants and New Gold's claim holdings adjacent to the past-producing Pothook Pit. The drilling commenced in March 2006 and was completed in May.
The table below summarizes significant mineralized intervals.
| Hole | From | To | Interval (m) | Cu %
(weighted average) | Au grams/tonne
(weighted average) |
| DH-2006-1 | 192.38 | 194.96 | 2.58 | 0.140 | 0.10 |
| DH-2006-1 | 447.40 | 450.17 | 2.77 | 0.090 | 0.09 |
| DH-2006-2 | 86.25 | 96.81 | 10.56 | 0.030 | 0.05 |
| DH-2006-2 | 107.60 | 141.12 | 33.52 | 0.060 | 0.17 |
| including: | 119.55 | 124.93 | 5.38 | 0.100 | 0.40 |
| 131.75 | 134.5 | 2.75 | 0.070 | 0.40 |
| DH-2006-2 | 364.64 | 371.2 | 6.56 | 0.110 | 0.06 |
| DH-2006-2 | 407.78 | 425.26 | 17.48 | 0.050 | 0.11 |
| DH-2006-2 | 558.45 | 560.9 | 2.45 | 0.210 | 0.08 |
| DH-2006-3 | 112.06 | 114.90 | 2.84 | 0.130 | 0.22 |
| DH-2006-3 | 116.25 | 120.35 | 4.10 | 0.200 | 0.84 |
| including: | 119.00 | 120.35 | 1.35 | 0.446 | 2.41 |
| DH-2006-3 | 200.10 | 202.89 | 2.79 | 0.180 | 0.12 |
| DH-2006-3 | 507.65 | 515.98 | 8.33 | 0.140 | 0.19 |
| DH-2006-3 | 528.05 | 530.81 | 2.76 | 0.100 | 0.23 |
| DH-2006-3 | 707.73 | 717.43 | 9.70 | 0.100 | 0.09 |
| DH-2006-4 | 119.55 | 126.10 | 6.55 | 0.140 | 0.42 |
| DH-2006-4 | 156.46 | 160.42 | 3.96 | 0.110 | 0.14 |
| DH-2006-4 | 187.10 | 193.70 | 6.60 | 0.110 | 0.07 |
| DH-2006-4 | 536.31 | 537.71 | 1.40 | 0.290 | 0.24 |
| DH-2006-4 | 642.28 | 643.67 | 1.39 | 0.119 | 0.24 |
| DH-2006-4 | 829.10 | 838.63 | 9.53 | 0.190 | 0.11 |
| including: | 829.10 | 830.34 | 1.24 | 0.545 | 0.38 |
| DH-2006-5 | 480.85 | 485.09 | 4.24 | 0.260 | 0.11 |
| DH-2006-5 | 709.74 | 713.85 | 4.11 | 0.220 | 0.08 |
The highest gold assays were 1.35m with 2.41 g/t Au (DH-2006-3; 119.0-120.35m), 1.31m with 1.175 g/t Au (DH-2006-3; 317.80-319.11m) and 1.02m with 0.870 g/t Au (DH-2006-4; 691.75-692.77m).
The highest copper analyses were 1.24 m with 0.545% Cu (DH-2006-4; 829.10-830.34m), 1.35m with 0.446% Cu (DH-2006-3; 119.0-120.35m) and 1.40m with 0.439% Cu (DH-2006-5; 712.45-713.85m).
The highest silver analyses were 1.49m reporting 38.3 g/t Ag (DH-2006-2; 320.51-322.0m), 1.93m with 24.8 g/t Ag (DH-2006-2; 510.91-512.84m) and 1.40 m with 20.1 g/t Ag (DH-2006-2; 330.34-331.74m).
Preliminary compilations suggest that copper mineralization, with or without accompanying gold, is not consistently coincident with the conductivity anomalies, occurring above, within or below them.
Specific Advantage of property
- Proximity to the Afton and Pothook past-producing pits
- Fact that the property is little explored
- Indications that copper and gold mineralization lies at depth beneath the targets tested
Next development phase
- Evaluation of 2005 and 2006 drilling programs
- Continued drilling to depth
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