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International Samuel Exploration Corp.
Summary
| Project: | Lucifer | |
|---|---|---|
| Deposit: | Lucifer | |
| Location: | Canada | |
| Commodities: | Gold-Copper | |
| Date: | 9/22/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 22-9-2017: International Samuel Exploration Corp. announces a Supporting Acquisition report for its Lucifer deposit at the Lucifer project. Summary of property in support of acquisition. This report was commissioned by International Samuel Exploration Cor | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Derrick Strickland (Independent) | |
| ABSTRACT: | This report was commissioned by International Samuel Exploration Corp. and prepared by Derrick Strickland, P. Geo. As an independent professional geologist, the author was asked to undertake a review of the available data, and recommend, if warranted, specific areas for further work on the Lucifer Copper Gold Property (or the “Property”). This technical report was prepared to support a property acquisition on the TSX Venture Exchange. The Lucifer Property consists of 12 non-surveyed mineral tenures (4588.44 hectares) which form an irregular shaped block extending northwards from More Creek in northwestern BC’s prolific Golden Triangle. The Property is approximately 75 kilometres southwest of Imperial Metals’ Red Chris copper gold mine and 50 kilometres east of the Teck Resources Limited’s Galore Creek Project. Previous exploration work by Noranda Inc. (1990-1991) identified a 400 metrewide, 1.2 kilometre long, north-northeast trending zone of hydrothermal alteration associated with gold and base metal geochemical anomalies (Baerg and Wong 1991). Several widely spaced soil samples collected by Noranda within the alteration zone returned strongly anomalous gold values (50 to 500 ppb) including spot highs of up to 1,230 ppb (equivalent to 1.23 g/t gold). According to the BC Ministry of Mines database one of two shallow drill holes completed in 1991 intersected 15.1 g/t gold over 1.36 metres and 0.7 g/t gold over 5.70 metres. Close spaced geochemical sampling carried out between 2010 and 2013 by Unique Resources confirmed the elevated gold contents in soils reported by Noranda Inc. however the overall extent of the geochemical anomalies has not been determined and the project is considered a promising, gold–copper prospect. | |
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