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AsiaBaseMetals Inc.

opaxe

Summary

Project:

Gnome

Deposit:Gnome
Location:Canada
Commodities:Zinc-Lead-Silver
Date:8/28/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:28-8-2018: AsiaBaseMetals Inc. announces an Exploration/Drilling Update report for its Gnome deposit at the Gnome project. Summary of exploration completed on property and recommended program. The Gnome Property is located in northeastern British Columbia
Resources:x
CP/QP:[Overall Report]: John Childs (Childs Geoscience Inc.)
ABSTRACT:The Gnome Property is located in northeastern British Columbia, approximately 230 kilometers (km) north-northwest of Mackenzie. The Property is situated northeast of Williston Lake, south of the Akie River and approximately 35 km southeast from the Cirque deposit and 15 km southeast of the Akie (Cardiac Creek) deposit. The Gnome Property comprises 12 mineral tenures, encompassing 5,429 hectares, and is in mountainous terrain ranging from 1,000 to 2,200 meters in elevation. Access to the property is currently restricted to helicopter transportation. The Gnome Property is underlain by a northwest trending belt of Paleozoic sedimentary rocks of the Kechika Trough. These Paleozoic strata, specifically the Devonian Gunsteel Formation, are known to host significant SEDEX-type deposits including the Cirque, Cardiac Creek and Driftpile Creek deposits. The Cirque and Cardiac Creek deposits both have drill-indicated mineral resources. Also included in this belt of Paleozoic rocks are the similar, but less extensively-explored Gnome, GIN, Family, Fluke, CT and Elf mineral occurrences.

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