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Le Mare Gold Corp.

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Summary

Project:

Le Mare

Deposit:Le Mare
Location:Canada
Commodities:Copper
Date:2/19/2019
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:19-2-2019: Le Mare Gold Corp. announces an Exploration/Drilling Update report for its Le Mare deposit at the Le Mare project. Drilling results incl. 7.3m @ 751ppm Cu from 15.0m. Previous (2010-2015) exploration surveys defined copper-gold bearing anomalou
Resources:x
CP/QP:[Overall Report]: James Baughman (Independent)
ABSTRACT:Previous (2010-2015) exploration surveys defined copper-gold bearing anomalous targets, which warranted follow-up exploration. As a result, this fall (2018) a preliminary 2-hole diamond drilling program was initiated. A Hydrocore type drill machine mounted on Bobcat track vehicle was utilized with NQ size drill rods. Diamond drill hole one, LLG18-01, located on a logging road, exposed basaltic volcanic rocks hosting structurally controlled copper mineralization. Mineralization is occasionally observed associated with narrow breccia lenses where chalcopyrite and pyrite tends to be more concentrated. Chalcopyrite is disseminated in volcanic rocks adjacent to shearfault structures. Samples from the core were only slightly geochemically anomalous. Hole number LLG19-02, also located on a logging road, was designed to test a goldcopper in-soil anomaly. The target was situated down from the anomaly and was orientated to test the bedrock underlying the anomaly. A 7.3m interval in Hole LLG 19- 02 from 15.0m to 22.3m assayed a weighted average of 751ppm copper. The Le Mare property hosts mostly mafic volcanic rocks of the Early to Middle Jurassicage Bonanza Supergroup, including auto-breccias, lahars, and minor amounts of tuff and other pyroclastic beds. Rhyolitic rocks comprise a major amount of the stratigraphy in the property-area. These volcanic rocks are intruded by felsic dykes that may be equivalent to the rhyodaciteitic porphyries that are associated with mineralization at the Island Copper Cluster deposits located about 32 km (19.3mi) east-northeast of the Le Mare hydrothermal system. The volcanic rocks at the Le Mare hydrothermal system have deformed into a series of open to close outcrop-scale drape-folds related to local intrusion. Regional and contact metamorphism do not exceed lower the greenschist facies.

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