The Gaspard property cover 7,969 hectares in the Clinton Mining District of central British Columbia.
The Property covers similar geology to the Spences Bridge Gold Belt (the “SBGB”) that hosts Westhaven Gold Corp.’s (TSXV:WHN) Shovelnose gold project and the Blackdome Zone gold-silver deposit owned by Tempus Resources (ASX:TMR).
The Spences Bridge Gold Belt
The SBGB forms a northwest trending belt of Cretaceous-aged, volcaniclastic and sedimentary rocks 430 km long and up to 24 km wide extending in central BC
The relatively underexplored volcanic rocks are highly prospective for low-sulphidation epithermal gold mineralization. Recent drilling on the Shovelnose Gold Project by Westhaven Gold Corp. reported 614 g/t Au and 2,070 g/t Ag over 0.45 m within 41.55m of 8.17 g/t Au and 34.64 g/t Ag (see press Westhaven press release dated June 1, 2021).
The Blackdome Gold Mine
The Blackdome Zone located 26km to the south was a former mine having produced 225,000 of gold at an average grade of 20 g/t Au.
Indicated grading 11.29 grams per tonne (“g/t”) gold and 50.01 g/t silver, and 90,600 t Inferred grading 8.79 g/t gold and 18.61 g/t silver (as currently reported by Tempus Resources Ltd.)
Stream sediment sampling and soil sampling in the northern part of the claims group that successfully discovered gold geochemical anomalies.
Discovery Consultants Ltd. was hired during the 1990 field season to collect eleven (11) heavy mineral stream sediment samples. This survey covered four creek drainages on the current Gaspard 3 claim from the base to headwaters. A follow-up survey consisting of 212 “B-Horizon” soil geochemistry samples was also completed.
The SBGB forms a northwest trending belt of Eocene-age, volcaniclastic and sedimentary rocks more than 430 km long and up to 24 km wide extending to the north east from town of Princeton. The volcanic units are dominated by dacitic to rhyolitic volcaniclastic rocks, breccias and domes that are well known to host significant gold occurrences. The volcanic sequence observed on the Gaspard Gold Claims includes a low-dipping dacitic flow unit overlain by a central volcaniclastic rhyolitic unit capped by basalts. The Property is located immediately east of the northernmost mapped limit of the Spences Bridge Group, in an area that is presented on regional BC geological maps as unnamed Eocene-age, intermediate to felsic volcaniclastic rocks bearing remarkable similarity to the Spences Bridge Group.