WESTMORE
OVERVIEW
Westmore developed rapidly last year as geologists turned a surface showing in a small area from late in the previous field season (2019) into a full-blown grassroots drill hole discovery in just three months from July to October, 2020.
Sassy’s 860 surface samples to date at Westmore, covering hundreds of meters, have averaged 2.78 g/t Au with the top 20 results averaging 72 g/t Au and 530 g/t Ag. Finding the source of that high-grade mineralization is priority #1.
Historically, much of Westmore was covered by ice and snow year-round and was therefore only scantily investigated and never drilled during previous rounds of intermittent systematic exploration at the Foremore Property between the 1980’s through 2008.
Notably, a recently completed geochronology study puts the time of emplacement of the Westmore intrusive at 189.6 Ma, Early Jurassic. The timing of this magmatic event overlaps with the age of the Brucejack and Snip gold deposits.
The gold-bearing quartz veins from the Westmore discovery zone also contain galena that overlaps in composition with the field of Jurassic-aged galena from the Eskay Creek mine, and these veins crosscut the Westmore granodiorite.
- The abundance of mineralized veins with pockets of high-grade combined with critical pathfinder elements in drill core (consistent with features recognized on surface) and thick zones of quartz stockworks in drill core suggest the potential for a large orogenic style gold-silver deposit at Westmore.
- The area mapped and sampled by Sassy in 2020 covers approximately 500 meters north-south and 300 meters to 400 meters east-west, suggesting that approximately 70% of the Westmore Intrusive remains to be mapped and sampled in detail.
“WE HAVE DRILL-TESTED JUST A FRACTION OF THE AREA OF INTEREST AT WESTMORE, AND NOT EVEN OUR THICKEST VEIN IDENTIFIED AT SURFACE, GIVEN TIME LIMITATIONS LAST FALL. HOWEVER, WE HAVE COLLECTED OVER 2,000 VALUABLE DATA POINTS, INFORMATION THAT POSITIONS OUR TEAM TO NOW HONE IN ON THE SOURCE OF THE EXTENSIVE HIGH-GRADE MINERALIZATION SAMPLED AT SURFACE.”
– SASSY CEO MARK SCOTT
ADDITIONAL HIGHLIGHTS
- Maiden drilling at Westmore confirmed the discovery of a structurally controlled gold-silver-rich system with a large surface footprint.
- All 6 first-ever drill holes at Westmore intersected gold-silver mineralization with 4 of them returning multiple intersections with grades as high as 14.2 g/t Au and 86.4 g/t Ag.
- Discovery potential remains open in all directions and there is ample, immediate opportunity to extend the gold-silver mineralization identified in 2020 along strike to the east and locally outside of the intrusive and into the neighbouring country rock.
- Drill holes WM20-003 and WM20-005 intersected multiple quartz stockwork zones including the widest mineralized interval of the initial program, 13.95 m grading 0.68 g/t Au and 5.5 g/t Ag starting just 16.15 m downhole in WM20-005.
- WM20-003 and WM20-005 confirmed a greater-than-100-m extension along strike of quartz vein hosted gold-silver mineralization sampled on surface and intersected in the first two drill holes, WM20-001 and WM20-002.
- WM20-005 was terminated in a zone of quartz stockwork that hosts an interval of very anomalous gold-silver mineralization from 291.90 metres to 301.50 metres, demonstrating the potential for high-grade gold-silver mineralization at depth within the Westmore system.
- The exploration strategy in 2021 will be to identify controlling features within the quartz vein swarms that influence location of high-grade gold and silver mineralization and to understand what may be controlling the magnetic gradient within and on the periphery of the intrusive.
Photo demonstrates the galena-visible gold association observed in numerous quartz veins-stockworks that cut the Westmore intrusive.
WESTMORE INTRUSIVE MAGNETIC GRADIENT
WESTMORE INTRUSIVE 2020 SURFACE GOLD RESULTS
The area mapped and sampled by Sassy in 2020 covers ~500 m north-south and 300-400 m east-west, suggesting that ~70% of the Westmore Intrusive remains to be mapped and sampled in detail.
TOP 20 SURFACE SAMPLES – HIGHLIGHTS
Total Samples: 860 | Average gold grade: 2.78 g/t | 145 samples or 17% >1 g/t Au
Note: Investors are cautioned that surface rock samples are selective in nature and are not necessarily representative of mineralization hosted on the property.
ESKAY CAMP
MORE CREEK CORRIDOR
OVERVIEW
- The gold-silver-rich More Creek VMS Corridor has been expanded to 5 km following Sassy’s 2020 drilling and prospecting.
- Shallow drilling by Sassy in 2020 returned semi-massive and massive sulphides in 7 of 9 drill holes at the historic BRT target including an 8-m core interval grading 4.35 g/t AuEq (FM20-01), extending this zone along strike to the north and south.
- Historical drilling has also encountered high-grade gold-silver-copper-zinc mineralization at depth along the MCC at the Ryder target 2 km north of BRT (0.80-m core interval starting 202.8-m downhole in FM04-32 assayed 26.5 g/t Au, 85 g/t Ag, 8.6% Zn, 2.2% Cu and 1.28% Pb).
- Q2 2021 VTEM Survey (results pending) will greatly aid the search for new discoveries in this under-explored corridor.
- Further exploration will also help determine whether the multiple MCC occurrences over 5 km are connected at depth and potentially form one large system, or are individual bodies of mineralization in a cluster as is often seen in VMS districts.
Ian Fraser, Sassy VP-Exploration, commented: “The VMS style of mineralization identified in the MCC and its association with a favourable lithological contact makes one think of scale opportunity with the possibility of other favourable horizons yet to be identified. There is much work to be done here to unlock the secrets of this corridor but we’re greatly encouraged by all the data we’ve compiled.”
CEO Mark Scott at the high-grade BRT Showing drilled by Sassy in 2020.
ESKAY CAMP
HANGING VALLEY
OVERVIEW
- The Hanging Valley on the eastern side of Foremore is defined by multiple precious and base metal showings and various mineralization styles over broad areas.
- Very under-explored with only limited mapping, sampling and historic drilling.
- Extensive glacial retreat has opened up large swaths of new ground for exploration.
- Q2 2021 VTEM Survey (results pending) will guide this summer’s exploration campaign.
- Sassy surface sampling along the Sunday-Boulder lineament last year returned up to 142 g/t Au.
- High-grade gold values from additional in-situ surface samples over a 1 km strike length at Boulder included 8 g/t, 36.3 g/t, 24.6 g/t, 20.9 g/t, and 13.9 g/t Au.
- 2 km north of Boulder, an outcrop grab sample returned 10 g/t Au, 156 g/t Ag, 19.7% combined Zn-Pb and 0.14% Cu.
- 2 km south of Boulder, a surface sample featuring massive chalcopyrite within a limestone host returned 21.4% Cu and 12.7 g/t Ag at the Heather Showing.
Ian Fraser, Sassy VP Exploration, commented: “Gold-silver-rich mineralization in the Sunday-Boulder area is associated with mafic volcanics and a mafic volcanic/limestone contact. This interpreted replacement-style mineralization differs from the VMS-style mineralization occurring elsewhere in the Hanging Valley, such as the SG showing to the north. The Hanging Valley certainly underscores the scale potential of the Foremore project and how richly mineralized it is.”