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Black Tusk Minerals Inc.
Summary
| Project: | Goldsmith | |
|---|---|---|
| Deposit: | Goldsmith | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Copper-Arsenic-Lead | |
| Date: | 7/13/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 13-7-2017: Black Tusk Minerals Inc. announces a Supporting Acquisition report for its Goldsmith deposit at the Goldsmith project. Summary of property in support of exploration for option agreement. The Goldsmith Property (“the Property”), consisting of 4 | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Linda Dandy (Independent) | |
| ABSTRACT: | The Goldsmith Property (“the Property”), consisting of 4 mineral claims totalling 370.6 hectares, is located 65 kilometres north of the town of Kaslo in southeastern British Columbia. The Property is owned by John (Jack) Denny and Robert (Bob) Denny of Salmo, BC and is under option to Black Tusk Resources (“Black Tusk”) Inc. of Vancouver, BC, who has the right to earn a 100% interest in the Property, subject to a retained Net Smelter Return. The Property is underlain by lower Paleozoic (Cambrian to Devonian) volcanic and sedimentary strata of the Lardeau Group that extends for at least 250 kilometres along the Kootenay Arc (Read, 1976). Gold mineralization on the Goldsmith Property appears to be contained predominantly within quartz veins and stockworks. Historic workings on the Property occur in areas with numerous quartz veins. These veins average about 50 centimetres in width, although in several instances veins of 1 to 2 metres or more have been observed. Within the larger quartz veins, there appears to be two distinct gold mineralizing events with two different vein orientations. The “foliaform” quartz veins often contain galena and occasionally other base metal values associated with gold grades, while “cross-cutting” quartz veins generally have arsenopyrite associated with the gold values. Also of importance in the area of the historic workings, are numerous narrow (1 to 10 centimetre) quartz veins of various orientations. From sampling conducted to date, it appears that in some instances gold grades within the larger veins increases where these veins are intersected by the smaller veins (Dandy, 2006). | |
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