DOROTHEA PROJECT NORTHWEST ONTARIO A LARGE TONNAGE, LOW GRADE, PORPHYRY GOLD-COPPER-MOLY- SILVER...

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Transcript of DOROTHEA PROJECT NORTHWEST ONTARIO A LARGE TONNAGE, LOW GRADE, PORPHYRY GOLD-COPPER-MOLY- SILVER...

DOROTHEA PROJECTNORTHWEST ONTARIO

A LARGE TONNAGE, LOW GRADE, PORPHYRY GOLD-COPPER-MOLY-

SILVER SYSTEM

200 km NORTHEAST OF THUNDER BAY,ROAD ACCESSIBLE PROPERTY

FAVOURABLE LOCATION• Dorothea Project is in the Beardmore-Geraldton gold belt• Belt produced 4.2 million ounces of gold from 1935 to 1971• Recent exploration has outlined new resources of over 4 million ounces of gold.

GEO

LOG

Y

STRIPPED GRANODIORITE – NOTE PERVASIVE BROWNISH ANKERITE ALTERATION

QUARTZ STRINGERS AND ANKERITE ALTERATION

ANKERITE AND HEMATITE ALTERATION AND QUARTZ STRINGERS

ANKERITE ALTERATION RINDS ON WEATHERED SURFACES OF GRANODIORITE

HIGH GRADE COPPER-GOLD STRINGERS WITH HIGH SILVER VALUES – BRINGING THE AVERAGE UP

MAPPING BY GUNNEX IN 1971 OUTLINED Cu-Mo SULPHIDES OVER AN AREA 500 BY 400 METRES – NOT

ASSAYED FOR GOLD OR SILVER

LIMITED STRIPPING AND SAMPLING IN 2010 REVEALED WIDESPREAD LOW-GRADE GOLD WITH THE COPPER-

MOLYBDENUM MINERALIZATION

STRIPPING IN 2010 EXPOSED HIGH GRADE Cu-Au-Ag-Sb ZONE. Note silver assays up to 816 g/t

POTENTIAL MINERAL RESOURCE

• 500 metres by 400 metres by 300 metres deep, density = 2.5 g/cc, assuming a grade of 1 gram per tonne gold equivalent =>

• 3,700,000 ounces of gold equivalent.• Average grade has not been determined yet.• THIS IS OUR TARGET

There are inliers or cupolas of granodioritesuggesting that the mineralized zone is more extensive

in the subsurface than it appears on the map

THE PROGRAM

• Mapping to fully delineate the mineralization

• Exposing the high grade “sweetener” zones

• Sampling to delineate the gold-bearing area

• Drilling to determine the overall grade

GOLD-BEARING QUARTZ VEINS IN THE EASTERN PART OF THE PROPERTY ARE A WHOLE OTHER TARGET

AREA