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Strategic Metals Ltd.
Summary
| Project: | Hopper | |
|---|---|---|
| Deposit: | Hopper | |
| Location: | Canada | |
| Commodities: | Copper-Gold | |
| Date: | 9/18/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 18-9-2018: Strategic Metals Ltd. announces an Exploration/Drilling Update report for its Hopper deposit at the Hopper project. Summary of property and recommendations for further work. The 7,400 hectare Hopper Project, NTS map sheets 115H/02 & 07, is loca | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Jean Pautler (JP Exploration Services Inc.) | |
| ABSTRACT: | The 7,400 hectare Hopper Project, NTS map sheets 115H/02 & 07, is located near Hopkins Lake, east of Aishihik Lake, within the southern Dawson Range copper-gold belt, southwestern Yukon. Access is by road, 180 km northwest of Whitehorse via the paved Alaska Highway, followed by the gravel Aishihik Lake road, which extends along the western property boundary. The Project is situated in the Whitehorse Mining District centered at a latitude of 6117’N and a longitude of 13652W. The Hopper Project covers the Hopper, Gal, and Guy claims, 100% owned by Strategic Metals Limited. The Hopper Project is underlain by the 5 by 7 km early Late Cretaceous aged Hopper pluton, which intrudes Devonian and older metasedimentary rocks of the Snowcap assemblage of the Yukon-Tanana terrane. These are intruded by predominantly north trending feldspar-hornblende, ±biotite, ±quartz porphyritic dykes and lesser sills thought to be related to the Hopper pluton. Basalt and rare rhyolite dykes of probable Paleogene age also intrude the above units. The property covers the Hopper Minfile occurrences as documented by the Yukon Geological Survey, which include a southern copper skarn drilled prospect and a northern copper porphyry showing. Mineralization is associated with the Hopper pluton, dated at approximately 78-76 Ma, placing it in the same metallogenic episode as the Patton Porphyry. The Patton Porphyry is associated with mineralization at the Casino porphyry copper-gold-molybdenum-silver deposit of Western Copper and Gold Corporation, situated 190 km to the north-northwest of the Hopper Project. The Casino deposit contains a NI 43-101 compliant proven and probable reserve of 965 million tonnes of mill ore grading, 0.204% Cu, 0.240 g/t Au, 0.0227% Mo and 1.74 g/t Ag, and 157 million tonnes grading 0.292 g/t Au, 0.036% Cu and 2.21 g/t Ag of heap leach ore (Huss et al., 2013). The above reserve information has not been independently verified by the author and is not necessarily indicative of the mineralization on the Hopper Project which is the subject of this report. | |
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