John A Chapman columbia minerals potential 20100412Presentation Transcript
MINERAL DEPOSIT DISCOVERY POTENTIAL BIG BEND OF THE COLUMBIA RIVER COLUMBIA BELLE & COLUMBIA QUEEN Gerald G. Carlson, President, KGE Management Ltd. John A Chapman, Principal, J.A. Chapman Mining Services 23rd Annual Kamloops Exploration Group Conference April 6-7, 2010 Kamloops, British Columbia, Canada (amended for distribution 2010/04/12)
THE BIG BEND ADVANTAGE• THE BRITISH COLUMBIA GEOLOGICAL SURVEY BRANCH RANKS THE BIG BEND REGION AMONG THE TOP TEN PERCENT IN THE PROVINCE FOR METALLIC AND INDUSTRIAL MINERAL DEPOSIT DISCOVERY POTENTIAL• THE REGION IS WELL SERVICED BY GRID ELECTRIC POWER, MAINLINE/LOGGING ROADS, AND IS CLOSE TO THE RESOURCE AND TRANSPORTATION HUB CITY OF REVELSTOKE, BC, CANADA• THE CITY OF REVELSTOKE (POPULATION ~8,000) IS LOCATED ON THE CPR MAINLINE AND ON THE TRANSCANADA HIGHWAY 1• THE CITY IS A BUSINESS CENTER THAT HAS SERVICE SHOPS FOR WELDING, ELECTRICAL MAINTENANCE, MACHINING AND MACHINERY REPAIRS• THE CITY’S INDUSTRIAL PARK HAS A CPR SIDING THAT CAN ACCOMMODATE BULK MATERIAL, MACHINERY, EQUIPMENT AND STRUCTURAL COMPONENT TRANSFER• GOLDSTREAM 1,360TPD CUSTOM MILL CENTRAL TO THE AREA• CLOSE TO THE WORLD‐CLASS TRAIL PB/ZN SMELTER• CLOSE TO DEEP SEA PORTS AT VANCOUVER VIA CPR OR ROAD
BIG BENDTECTONICSETTING after Jim Logan
MICA DAMBC GSB MAPPLACEMINERAL POTENTIAL METALS BIG BEND COLUMBIA BELLE WEST SIDE RANKED IN TOP TWO CATEGORIES IN BC COLUMBIA QUEEN
BC GSB MAPPLACEMINERAL POTENTIAL INDUSTRIAL MINERALS BIG BEND WEST SIDE RANKED IN TOP TEN PERCENT IN BC
Columbia Belle PropertyProperty located105km north ofRevelstoke, BCCanada and 22kmsouth of BC Hydro’sRevelstoke Damand power facility
BC GSB reports showings as SEDEX Zn-Pb-Ag in MinFile No. 082M190Rift Discovery: 29.5% Zn, 6.9% Pb over 0.8mCore Hole M85-2: 22.2% Zn, 4.8% Pb over 1.8m (400m east of discovery)
ASTER IMAGESILICEOUS ROCKS
ASTER IMAGESERICITE ILLITE
ASTER IMAGE ALUNITEKAOLINITE
RECOMMENDATIONS1) Drill targets already defined near the Rift discovery should be drilled.2) Soil sample grids should be extended beyond those completed in 1999 and 2001.3) Ground magnetics and VLF-EM should be completed on the grids in (2) as well as rock sampling and mapping.4) Regional (on and around Property) stream silt sampling should be conducted and analyses should include 30 element ICP and REEs.5) The entire Property should be covered by an airborne survey (magnetics and EM).6) Prospect the West and Northwest parts of the Property for gold and REEs.
Columbia Queen PropertyProperty located30km north ofRevelstoke, BCCanada and 21kmnorth of BC Hydro’sRevelstoke Damand power facility
BC GSB reports showings as Noranda/Kuroko Massive Sulphide Cu-Pb-Zn inMinFile No. 082M004
George Cross News Letter - 1966 Clearwater Mines LimitedJanuary 20, 1966: Channel sampling acrossa true width of 20ft returned 1.21% Cu and1.23% Zn. Drilling is planned.June 14, 1966: First two holes abandoned inOB, third hole reported to be well mineralizedfrom 112ft to 206ft.July 8, 1966: Hole four contained intersectionsfrom 170ft to 205ft and 225ft to 270ftaveraging 0.60% Cu and 0.47% Curespectively.July 18, 1966: Hole five reported to contain a98ft section between 187-285ft with gradesrunning between 0.45% Cu and 1.14% Cu.October 11, 1966: Drilling suspended afterthree holes completed. Results indicate awidespread copper-zinc bearing zone of lowto medium grade with large tonnage potential.The next stage of exploration is extensive griddrilling which requires additional financing.
RECOMMENDATIONS1) Drill targets already defined near the Copper Queen discovery should be drilled.2) Soil sample grids should be extended beyond those completed in 1999 and 2000.3) Ground magnetics and VLF-EM should be completed on the grids in (2) as well as rock sampling and mapping.4) Regional (on and around Property) stream silt sampling should be conducted and analyses should include 30 element ICP and REEs.5) The entire Property should be covered by an airborne survey (magnetics and EM).6) Prospect the East side of the Property for stratiform VMS in the footwall rocks of the J&L.7) Prospect the same area as (6) for the possible source of high-grade sulfides at junction of Carnes and McKinnon Creeks.
FLY AIRBORNE GEOPHYSICS AT COLUMBIA BELLE AND COLUMBIA QUEEN PROPERTIES
Zinc CopperLead ZincCopper SilverSilver GoldGold AVAILABLE FOR OPTION: GERALD G CARLSON (604.816.3012) JOHN A CHAPMAN (604.536.8356) See: www.minelistings.com