Texas Project

The Texas Project consist of 7 mineral claims covering 2,186 hectares and is located in the prolific Beaverdell mining camp1.  The Property is accessible year-round via a network of well-maintained Forest Service roads.

The Project covers historical mineral showings and is in close proximity to the past producing Beaverdell Mine2 that was in operation from 1896 to 1991.  The Beaverdell mining camp is predominately known for its silver production and the presence of high-grade gold occurrences makes the Texas Property unique and significantly more attractive. 

The Company completed a comprehensive phase 1 field program in the fall of 2020 with the goal of fine-tuning drill targets for an inaugural drill program to commence in 2021.  Sampling, prospecting, mapping and a ground magnetometer survey were completed over the course of the 2020 field program.  Particular attention was paid to the Doorn and Cabin targets, where a number of historic trenches were re-evaluated and sampled in order to confirm the grade and orientation of the mineralized structures.  Field observations noted the presence of visible gold, galena, chalcopyrite and bornite in a significant number of the samples collected.  The field program also resulted in the discovery of a new meter-scale quartz vein/breccia located 450m south of the Doorn showing and prospecting of the reverted Golden Eagle Crown grant resulted in a meter-scale quartz vein being rediscovered.  All results from the fall 2020 field program are pending.

The most notable polymetallic vein showings on the Property are the Doorn, Cabin and Wombat with notable grab sample* assay results from these listed in the table below:

Sample Number Lithology Location Au
g/t
TX001 Quartz Vein Doorn 5.8
TX002 Quartz Vein Doorn 16.96
TX003 Granodiorite Doorn 0.12
TX004 Quartz Vein Doorn 241.96

 

Sample
Number
Lithology Location Au g/t Ag g/t Cu %
542451 Quartz Vein Doorn 78.84 317 8.43
542452 Quartz Vein Cabin 18.6 65.21 0.01
542453 Quartz Vein Cabin 2.8 8.64 0.01
542454 Granodiorite Wombat 1.11 3.46 0.39
542455 Quartz Vein Wombat 45.15 104 0.64
542456 Granodiorite Cabin 0.95 2.67 0.02
542457 Granodiorite Wombat 7.11 12.75 0.06
542459 Quartz Vein Wombat 13.96 26.12 1.45

*Grab samples are by definition selective. Grab samples are solely designed to show the presence or absence of mineralization, and are not intended to provide nor should be construed as a representative indication of grade or mineralization at the Project.  Refer below for fuller disclosure on the 2017 grab sampling program and results.

(1)   Camp refers to a colony of miners settled in proximity to a mine, or series of mines or workings.

(2)   Referenced nearby historic resources, deposits and mines provide geologic context for the Project, but are not necessarily indicative that the Project hosts similar potential, size or grades of mineralization. 


Texas Property Significant Mineral Showings

Previous operators focused on sampling of the bonanza gold grade vein material within these trenches, with little attention paid to the altered host granodiorite.  The small amount of historic sampling that was carried out by Argentia Mines Ltd. in 1975 on the altered host rock returned 0.043oz/ton (1.47g/t gold) over a 100 foot (30.28m) channel sample in the Doorn area (ARIS 5441, E.R. Smith, 1975)*.  Further sampling done by Apollo Development Inc. in 1990 reported a four-meter channel sample of fresh granodiorite with limonite and malachite staining on the fracture surfaces that returned a grade of 910 ppb gold, and a grab sample of bleached granodiorite grading 88,600 ppb gold sourced from one of the trenches at Doorn (Apollo Development Inc. Prospectus 1991)*. 


Example of Doorn Vein Mineralization

Rock samples were submitted to MSA Labs in Langley, BC (an ISO 17025 and ISO 9001 accredited facility).  Sample numbers TX001-TX004 were each crushed and screened to 106 microns, then 50g of material was subjected to the MSC-550 metallics screening method, in which both the plus and minus fraction were assayed in duplicate using fire assay techniques with a gravimetric finish. Internal lab blanks and duplicates produced expected results.  Samples 542541-542547 and 542549 were subjected to the MSC-550 method detailed above. In addition, samples were assayed with the IMS-130 method, a conventional 4 acid digestion ICP-MS analytical technique producing a suite of 51 elements.  Samples which returned higher than 100 ppm Ag were rerun using fire assay techniques with a gravimetric finish.  Internal lab blanks and duplicates returned expected results.


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