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UPDATED SEPT-20-06

Geology


Regional Geology
The Kerr-Sulphurets property lies within the Stikine Terrane and is underlain largely by Upper Triassic to Middle Jurassic Hazelton Group volcanic, volcaniclastic and sedimentary rocks at the western edge of the Bowser Basin. At least three intrusive episodes have been documented in the area. The most important of these relative to mineralization appears to be felsic to intermediate plugs, small stocks and dykes. In the Sulphurets area, these intrusions are referred to as the Mitchell Intrusions; many of the intrusions are intensely altered and cut by faults.

The property is centred along the axis of the broad northerly plunging McTagg anticlinorium which forms the major structural element in the region. The Upper Triassic Stuhini Group argillaceous and turbiditic sedimentary rocks form the centre for the anticlinorium. These rocks are flanked by a younger volcanic sequence forming the Betty Creek, Unuk River and Mount Dilworth Formations of the Hazelton Group. Within this geologic framework, copper, gold and molybdenum mineralization and associated alteration are focussed in a local core of the anticlinorium where intense folding, faulting, thrust faulting and intrusions are prevalent.

A number of deformed porphyry and vein type deposits occur in the Mitchell-Sulphurets area. These deposits are characterized by a strong copper-gold and minor molybdenum association, and spatially occur along the flanks of a horseshoe-shaped trend. A distinct mineral zoning pattern can be interpreted with gold-silver along the eastern flank, gold with minor copper and molybdenum at the north end, gold and copper along the west flank and copper with lesser gold at the southwest end.

Sulphurets Gold Zone Geology
Disseminated copper-gold mineralization in the Sulphurets Gold Zone is centred about a hydrothermal breccia (Breccia Gold Zone) and dyke complex (Raewyn Copper-Gold Zone) representing the higher levels of a monzonite-related copper-gold porphyry system. The zone trends northeasterly and lies in strongly altered and fractured volcanic and immature sedimentary rocks of the Hazelton Group below the Sulphurets Thrust Fault. Copper and gold mineralization in the Sulphurets Gold Zone is concentrated within a potassic feldspar alteration halo centred about intensely altered hydrothermal breccias and monzonite dykes. Features of these rocks have been largely overprinted by later silicification (including siliceous hydrothermal pipes) in the Breccia Gold Zone and strong biotite, silica and local chlorite-albite alteration in the Raewyn Copper-Gold Zone. Both zones are enveloped by a broad halo of phyllic quartz-sericite-pyrite alteration along the length of the Raewyn structural panel. Alteration overprinting in proximal areas was accompanied by significant local remobilization of copper and gold. Later faulting within the Raewyn panel was probably associated with regional scale Cretaceous compression and has further complicated the geologic relationships. The combined gold (>340 ppb) and copper (>1000 ppm) lithogeochemical anomaly associated with the Sulphurets Gold Zone Target has a strike length of 2.5 kilometres by up to one kilometre in width.

The Sulphurets Gold Zone contains two distinct styles of gold-copper mineralization which are central to a complex series of overlapping hydrothermal alteration zones. The Breccia Gold Zone contains gold in the 2.0 g/t Au to 4.0 g/t Au range, minor copper and, possibly, an association between gold and coarse pyrite. The Raewyn Copper-Gold Zone has a significant copper content as chalcopyrite with closely associated gold and local molybdenum mineralization. Values in the range of 0.30% Cu to 0.80% Cu and 0.40 g/t Au to 1.00 g/t Au are common.

The Sulphurets Gold Zone trends northeasterly and sub-parallel to the Sulphurets Thrust Fault. The zone which has a relatively shallow northwesterly dip with variable widths of between 75m to 200m has been defined by drilling over a strike length of 1,000m. It is open to the southwest; a lithogeochemical anomaly indicates the potential extension of this zone towards the Sulphurets Lake Gold Zone for at least another one kilometre.

Kerr Geology
The Kerr deposit extends approximately 3,000 m in a northerly trend from the crest of a ridge above the southwestern branch of the Sulphurets Glacier down to the lower slopes of a cirque-like basin just above Sulphurets Lake. A large strongly-leached, schistose pyritic gossan is developed along the face of the cirque.

The Kerr deposit is a pyrite-rich copper-gold system that has been developed in strongly altered and deformed monzonitic intrusions in Stuhini Group sedimentary and volcaniclastic rocks. Alteration and mineralization are characterized primarily by variable amounts of sericite, chlorite, quartz, anhydrite, pyrite and chalcopyrite. The most important mineralization type is quartz stockwork with associated pyrite, chalcopyrite, bornite, tetrahedrite and rare enargite. The strongest copper-gold mineralization is associated with a core of chlorite-bearing alteration and quartz stockwork. Strong phyllic alteration with quartz and disseminated pyrite flanks the core zone.

A total of 144 diamond drill holes were completed on the Kerr deposit during the period 1985 to 1992. The deposit is primarily defined by its copper content in a 50° to 60° westerly dipping, 100 to 150 m wide, 1,900 m long zone, that extends to depths of 350 m below surface. Vertically, the mineralization has been defined on surface from an elevation of 1150 m at the base of the cirque to elevation 1750 m at the crest of the cirque.