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Karam Minerals Inc.
Summary
| Project: | Black Duck | |
|---|---|---|
| Deposit: | Black Duck | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 11/6/2018 | |
| Report Code: | JORC | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 6-11-2018: Karam Minerals Inc. announces a Supporting Acquisition report for its Black Duck deposit at the Black Duck project. Summary of property in support of listing on CSE. The Black Duck property (the “Property”), consisting of two mineral titles cov | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Thomas Carpenter (Discovery Consultants) | |
| ABSTRACT: | The Black Duck property (the “Property”), consisting of two mineral titles covering approximately 1621.9 hectares, is centred 265 km northeast of Vancouver in south-central British Columbia. Property access is from Kamloops or Vancouver via the Trans-Canada Highway to the Deadman River road, 8 kilometres west of Savona. The Deadman River road leads to Vidette Lake and a series of logging roads that allow access to the Property. The Property was acquired by staking and is owned 100% by Karam Minerals Inc. The Property occurs within basaltic and andesitic rocks of the Upper Triassic Nicola Group intruded by granodiorites of Triassic or Jurassic age and belonging to the Thuya Batholith. These Mesozoic rocks occur as erosional windows in a regionally persistent cover of Miocene to Pliocene continental basalt flows and coarse continental sediments of the Chilcotin Group. Gold mineralization is reported in vein quartz of the Moon showing, located within the southern part of the Property, (locality uncertain), and the Telluric showing, located outside the northeastern boundary of the Property. Globally, gold quartz veins occur as tabular fissure veins in more competent host lithologies, and as veinlets and stringers forming stockworks in less competent lithologies. They typically occur as a system of en echelon veins on all scales. Lower grade bulk-tonnage styles of mineralization may develop in areas marginal to veins with gold associated with disseminated sulphides. May also be related to broad areas of fracturing with gold and sulphides associated with quartz veinlet networks. The veins usually have sharp contacts with wall rocks and exhibit a variety of textures, including massive, ribboned or banded and stockworks with anastamosing gashes and dilations. Textures may be modified or destroyed by subsequent deformation. An exploration program comprising soil, silt and rock sampling, in conjunction with a ground magnetometer survey, was carried out in on the Property in April, 2018. Analysis and interpretation of the samples collected were also completed. | |
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