|Irony, British Columbia
Irony Mineral Claims Drill Site Locations
The property is located north of Revelstoke and southwest of Mica Dam, consisting of 6,028 ha (14,897 acres), immediately adjacent and contiguous with Selkirk Metals Corp.’s Ruddock Creek property. A resource of 2.7 million tonnes grading 8.6% zinc and 1.6% lead had been previously reported on the Ruddock Creek property (Note: reported prior to implementation of National Instrument 43-101 and therefore not compliant with these new standards). Currently, Selkirk Metals Corp. has reported an identified resource of 1.5 million tonnes grading greater than 8% zinc and 2% lead, comprised of a base metal horizon (Ruddock Creek Sulphide System) which has been traced geochemically and geophysically over approximately 5.5 km. Available information from Selkirk Metals confirmed the Company’s interpretation that the mineralized horizon extends west from the “E Zone” into the Oliver Creek valley.
Irony Block, Plate 1: Aerotem Off-time Profiles
The 2006 field program on the property included extensive soil sampling, an Aeroquest International airborne geophysical survey and diamond drilling. The Aeroquest survey was flown early in the year with Aeroquest specifically chosen so as to compare directly with Selkirk Metal’s earlier Aeroquest survey results. Preliminary results documented several large magnetic anomalies having a visual signature similar to that of the “E Zone”.
Irony Block, Plate 2: Aerotem Off-time Profiles
On the basis of these results a total of 7 diamond drill holes were completed to test several of the magnetic anomalies. Four of the holes were collared on a strong magnetic anomaly topographically below the “E Zone”, tentatively interpreted to be the projected correlation. The drill program was completed without the benefit of the final geophysical results, in particular the electromagnetic profiles. As a result, the more favourable electromagnetic anomalies were not drilled. The drill holes completed confirmed phrrhotite (interpreted to be the source of the magnetic anomalies) but did not intersect any meaningful base metal sulphides.
A total of 937 soils and 35 silts samples were taken, along both contours and a small grid below the “E Zone”. A number of anomalous results were documented, as follows:
Surprisingly, for a sedimentary exhalative deposit (as interpreted by Selkirk Metals), anomalous copper and gold were documented, together with lead and zinc, as expected. The resulting plots of analytical data from the soil samples are difficult to interpret due to multiple phases of deformation. As a result, the target horizon(s) is expected to be variably exposed at surface resulting in zones of anomalous geochemistry rather than simple linear trends. Furthermore, the soil horizon sampled is the result of weathering of underlying bedrock together with variable contribution of glacial material from local icefields and glaciers.
With Selkirk Metals having traced the mineralized horizon, characterized by a prominent magnetic signature, westward into and along Oliver Creek, management believes the horizon extends onto the Irony property (consistent with projections previously made). Review of the final airborne geophysical data has resulted in the identification of several electromagnetic anomalies having similar signatures to the “E Zone”. These anomalies have been proposed for testing in the 2007 drill program, together with any anomalies identified through continued evaluation of the soil data.
In 2006, Selkirk Metals built an access road through the west-central portion of the Irony property (with Company consent). The existence of this road will greatly assist evaluation of the western portion of the Irony property, both in terms of vehicle access and camp support. Of considerable interest to further work on the Irony property was the identification of marble in outcrop in the new road cuts. The host rock for the “E Zone” is a marble-bearing horizon (the middle marble) located between the semipelite amphibolite (below) and the upper pelite units. The presence of marble suggests the middle marble unit may underlie the central portion of the Irony property, which is considered favourable for identification of the Ruddock Creek Sulphide System and/or another mineralized horizon.
Additional diamond drilling is proposed for the Irony property, together with limited additional soil sampling, rock sampling, prospecting and geological mapping.
Jasper Mining Corporation, trading symbol: JSP
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