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Lodge Resources Inc.
Summary
| Project: | Comstock | |
|---|---|---|
| Deposit: | Comstock | |
| Location: | Canada | |
| Commodities: | Gold-Silver-Lead-Zinc-Copper | |
| Date: | 2/28/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Supporting Acquisition | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 28-2-2019: Lodge Resources Inc. announces a Supporting Acquisition report for its Comstock deposit at the Comstock project. Summary of property in support of acquisition. Lodge Minerals Inc., a wholly owned subsidiary of Lodge Resources Inc., is the optio | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Laurence Sookochoff (Sookochoff Consultants Inc.) | |
| ABSTRACT: | Lodge Minerals Inc., a wholly owned subsidiary of Lodge Resources Inc., is the optionee of the contiguous 12 claim 664 hectare Comstock property ("Property") located within the Nicola Mining District of south-central British Columbia. The Property is located within the regional Quesnel Trough, a 30 to 60, km wide belt of Lower Mesozoic volcanic and related strata stretching from the US border in the south to the northern British Columbia border, and is a belt of producing and past productive porphyry copper mineral deposits. The Comstock property is located within this Belt between two producing mines; the Copper Mountain porphyry copper-gold mine 80 kilometres to the south with a production of 40,000 tonnes per day; and Canada's largest mine, the Highland Valley Copper mine 53 kilometres northwest with a production of 147,000 tonnes per day. The Comstock property is underlain by the Nicola Western Belt of flow and pyroclastic rocks ranging in composition from andesite to rhyolite with interbedded limestone, volcanic conglomerate, and sandstone. Of the seven designated mineral areas, one main mineral area is a volcanogenic sulphide (VMS) within a 2,500 metre, northeasterly trending rhyolite/pyroclastic flow which hosts the LD and the Comstock VMS mineral showings. The second main area of mineralization is an extensive zone of mineral bearing quartz veins within a 2,800 metre northwesterly trending structure hosting the Charmer and Diane mineral zones (Figure 7a). The Charmer Zone is discontinuously exposed over a strike length of at least 350 metres (Bedford, 2006); the Diane Zone is more or less continuously exposed over a strike length of 200 metres, with mineralization discontinuously exposed over an additional 200+ metres (Bedford, 2006). This intense structural zone is a potential host to epithermal veins, which are reported on the Property and which can indicate concealed porphyry copper +/- molybdenum +/- gold mineralization which is also reported adjacent to the Property at the Geo mineral showing (Minfile 092ISE016) associated with polymetallic veins. These two main zones of mineralization, the Charmer/Diane structural zone hosting the auriferous quartz-specularite-chacopyrite veins, and the LD/Comstock volcanogenic sulphide (VMS) zone, are the prime exploration targets on the Comstock property. Both zones should be explored to determine the economic potential along strike and down dip. This can be initally accomplished by localized geophysical, geochemical, and geological surveys. The surveys should initially be confined to the length of the zones (2,500 m and 2,800 m) with widths of from 200 to 400 metres. | |
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