GREEN MOUNTAIN SECTION
footwall zone in the mineralized trend is host to the gold mineralization at the Dawson section.
In addition to the mineralized trend marked by historic shafts, the Phelps Dodge report* reports notes a mineralized “western trend”, located northwest of the principal mineralized trend. Two drill holes targeting Electromagnetic (EM) geophysical anomalies on the western trend intersected disseminated sulphides (no assays reported) with the second hole (317.7 m total depth), believed to be 15-30 m (50-100 ft.) short of the target horizon.
In total, Phelps Dodge drilled 13 diamond core holes totaling 2,172.6 m (7,126 ft.), targeting the copper-gold sulphide zone and geophysical anomalies. With the exception of the two drill holes on the Western Trend, seven of the remaining holes were drilled to the southeast, two to the northeast and one vertical. Both the Main Trend and Western Trend at Green Mountain dip approximately 85° to the southeast to vertical as opposed to the 60° - 70° southeast dip at Dawson. It is believed that the footwall zone to the massive sulphide horizon remains largely untested. It is the footwall zone that is the host to gold resources at Dawson. In addition, the steepening of the shear zone dip at the Green Mountain section suggests possible structural thickening.
In 2018, the Company announced assay results of 17 grab samples collected on a reconnaissance traverse on the patented claim were very encouraging with five exceeding 1 g/t gold including one sample of garnetiferous biotite gneiss which assayed 13.6 g/t gold. This rock-type is one of the principal gold hosts at the Dawson Gold section and points to the gold prospectivity of the Green Mountain section. Grab samples are selected samples and are not representative of the mineralization hosted on the property.
A geological mapping program was planned for the most prospective area around the historic Green Mountain Mine with the objective of identifying drill targets. However, due to the Covid-19 pandemic it has not been possible to engage the services of a geological consultant to undertake this program. Efforts are continuing to obtain the services of a consultant geologist, and once engaged, it is expected the program will take from 8-10 days to complete. This program would be undertaken in conjunction with the El Plomo fieldwork and as such will be postponed to Q2-2022
* Exploration Report, Green Mountain Mine; J.M. Swallow, 1994.