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Oakley Ventures Inc.

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Summary

Project:

Koster Dam

Deposit:Koster Dam
Location:Canada
Commodities:Gold
Date:7/7/2020
Report Code:NI43-101
Report Type:Supporting Acquisition
Project Stage:Pursuing Resources Definition
Report details:7-7-2020: Oakley Ventures Inc. announces a Supporting Acquisition report for its Koster Dam deposit at the Koster Dam project. Summary of property in support of acquisition. The Koster Dam project (4,535 hectares) consisting of ten mineral claims is locat
Resources:x
CP/QP:[Overall Report] B. L. Laird (Mincord Exploration Consultants Ltd.)
ABSTRACT:The Koster Dam project (4,535 hectares) consisting of ten mineral claims is located approximately 80 kilometres south of the city of Williams Lake in south-central British Columbia. The southern boundary of the claims is approximately eleven kilometres north of the former producing Blackdome gold-silver mine. The first of the current claims were staked in 2012 to cover prospective geology in an area predominantly underlain by Eocene and Miocene volcanic and volcaniclastic rocks. Unpublished and published records indicate that heavy mineral sampling completed in drainages within the claims in the late 1980’s returned highly anomalous gold responses from many sites. A rock sampling program was completed by Cariboo Rose Resources in 2012 and was furthered in 2013 with a program of silt sampling and rock sampling in which 134 silt samples, “sluiced” silt samples and rock samples were collected and analyzed (Morton, 2013). This work was continued in 2014 with a crew of three collecting a further 57 samples (usually a silt sample, sluiced silt sample and panned silt sample from each of 19 sites).

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