Convert
Overview
| |||||||
Other Local ExplorationSimilar host rocks to the Wolverine Zn-Pb-Cu-Ag-Au mine, currently under construction at the Finlayson Lake VMS district, 85km northeast. | |||||||
Property GeologyIt lies within a belt of rocks known as the Yukon Tanana Terrane, which comprises a series of mid Paleozoic shallow water metasedimentary and submarine volcanic rocks. The stratigraphy in the Convert area is the offset extension of rocks in the Finlayson Lake District, 85 km to the northeast, which host Kuroko (Kudz Ze Kayah and Wolverine Deposits) and Besshi (Fyre Lake Deposit) style VMS deposits. Kudz Ze Kayah contains an open pittable resource reported to be 11.3 Mt grading 5.9% zinc, 1.33% copper, 1.5% lead, 133 g/t silver and 1.3 g/t gold. The ore body is contained within a shallowly dipping massive sulphide horizon averaging 18 m in thickness. The Wolverine Deposit occurs in two tabular semi-continuous lenses and contains a measured and indicated resource of 4.46 million tonnes grading 12.14% zinc, 354.8 g/t silver, 1.16% copper, 1.69 g/t gold and 1.58% lead. | |||||||
Work Completed to DateThe Convert property was explored for VMS potential between 1995 and 1997 following the discovery of the Kudz Ze Kayah and Wolverine Deposits. Mapping, prospecting, soil geochemical surveys plus airborne and ground geophysical surveys identified four target areas, the most prospective of which is situated in the northern part of the property (Bottle Creek Target). It is underlain by a steeply overturned sequence of prospective VMS stratigraphy including a magnetite-barite- silica exhalite sequence, intermediate to felsic quartz-eye fragmental volcanic rocks, strongly sericite and chlorite altered felsic to mafic schist, and carbonaceous phyllite.The area of interest is marked by intermittent zinc- in- soil geochemical anomalies measuring roughly 3000 by 600 m within which are isolated clusters of anomalous copper, lead and silver response coupled with a number of ferricrete kill zones. Six closely spaced diamond drill holes tested the northeastern portion of the Bottle Creek Target in the vicinity of a copper-zinc-lead-silver enriched ferricrete kill zone. Two of the holes encountered weak sulphide mineralization hosted within chlorite schist and carbonaceous phyllite. Assays included a 1.29 m interval grading 1.77% zinc and 3.0 g/t silver, and another interval that yielded 0.79% zinc and 3.3 g/t silver across 13.87 m including a 0.6 m of 9.41 % zinc and 25.6 g/t silver. Mineralization discovered subsequent to the drill program along the anomalous trend in the southeastern part of the target area includes finely laminated galena, sphalerite and lesser pyrite hosted within silica rich felsic volcanic strata. Samples of this material yielded up to 12.3% lead, 4.09% zinc and 411 g/t silver. Dark red stratified manganiferous ferricrete located 250 m southeast yielded up to 8.3 g/t silver and 0.92% zinc. A VTEM survey flown over the Bottle Creek Target during spring 2006 highlighted a number of northwesterly trending conductors parallel to stratigraphic contacts within and adjacent to the zinc geochemical anomaly. | |||||||
Recent Highlights3 holes were drilled in 2007, many geophysical anomalies have not been followed up. Large portions of the property remain essentially unexplored. | |||||||
