The Harry property is located within a 50km long, north-northwest trending axis featuring a number of high-grade gold occurrences and deposits (East Gold, Scottie Gold, Gold Wedge, Silver Coin, Big Missouri, Martha Ellen and Dilworth), a producing mine–the Valley of the Kings–and a famous former gold mine, the (Silbak) Premier. It covers numerous, red-weathering zones of alteration lying east of the Salmon Glacier.
The Harry Property is comprised of three contiguous claims covering area of approximately 1,333 hectares along the Granduc Access Road near Stewart, British Columbia, and is bordered by Ascot Resources Ltd. to the east and south, Pretium Resources Inc, to the north, and Scottie Gold to the west.
The property lies along the northwestern portion of a geological corridor prospective for gold-silver mineralization that is up to 3 kilometers wide and at least 15 kilometers long.
The corridor extends from south of the Premier Mine, possibly in the US, north to the Scottie Gold Mine and beyond.
Within this corridor are numerous deposits including the Premier, Big Missouri, Silver Coin and Martha Ellen deposits.
In January 2020, Pretium filed a 43-101 report that shows 7.6 million oz gold in the measured and indicated category for the Valley of Kings and West zones. This report also shows 3.1 million ounces in the inferred category. Subsequent to this, Pretium reported that high-grade gold mineralization was identified in three new areas located directly north and in the vicinity of the Valley of the Kings deposit. In the summer of 2022, a new high-grade discovery at the Golden Marmot Zone, 3 km north of the Valley of Kings zone intersected 72.5 g/t gold over 53.5 Meters, including 6,700 g/t gold Over 0.5 Meters.
PROJECT LOCATION AND INFRASTRUCTURE
The Harry Property hosts several 500 metre (“m”) wide zones of intense alteration that trend northwest along the claim length. Within this intense alteration, sericite along with abundant pyrite is prevalent. Quartz veins, quartz breccias and semi-massive sulphides occur within these alteration zones. This type of alteration and mineralization is found at the nearby gold deposits being developed by Ascot.
To date, less than 10% of the property has been prospected. Work in 2021 was restricted to the area of the Milestone showing discovery.
In 2020, a new zone of mineralization in quartz breccias, called the “Milestone” was discovered on the Harry Property. The previous operator reported a trench sample averaging 7.86 ounces per ton gold (269.5 g/t) across a 2 metre width. The full width of this new zone has not been defined due to overburden cover.
The Company 43-101 Technical report outlines a recommended Phase 1 exploration program on the Harry intended to generate drilling targets which subsequently will be drill tested consisting of rock sampling, geological mapping, possible geophysical surveys, drilling and core cutting.
The Company has begun the recommended program and intends to complete the rest of the recommended work program in beginning in the second quarter of 2022.
Prior to the Company option, a number of mineralized zones were identified, namely the Harry, Outland Silver Bar, Summit Gossan and Troy 6. In addition, two new mineralized zones called Milestone and S-1 were found during the 2020 exploration program.
Location of these zones is shown on an attached figure in the website.
A brief description of some of the zones is presented as follows:
Several mineralized quartz veins and gossans occur on the Outland claim. The veins consist of quartz with scattered galena, sphalerite, tetrahedrite and pyrite with minor chalcopyrite. Lenses of sulphide mineralization, that may be replacement-type, occur in pyrite-rich siltstones and mudstones, on the Outland claim. These mineralized lenses contain pyrite, pyrrhotite, arsenopyrite, and scattered chalcopyrite, galena, tetrahedrite, argentite, sphalerite and an unidentified tungsten mineral.
grams per tonne = g/t
A21-2A, Grab Sample
23 g/t gold and 2,995 g/t silver
A21-3, Grab Sample
11 g/t gold and 3,739 g/t silver
A21-22, Float Sample
3 g/t gold and 328 g/t silver
A21-5A, 0.4m Chip
5.5 g/t gold and 270 g/t silver
Mr. Ed Kruchkowski, P.Geo (British Columbia), is the Qualified Person as defined by National Instrument 43-101 who has examined and reviewed this page and geological information available from public sources related to the property, and is responsible for approving the technical contents of this page. The Qualified Person has not completed sufficient work to verify the historic information on the Property, particularly in regards to the historical drill results and any sampling. However, the Qualified Person believes that drilling and analytical results were completed to industry standard practices. The information provides an indication of the exploration potential of the Property but may not be representative of expected results.