Overview
Alteration and mineralization is thought to represent a Late Cretaceous aged intrusion-related gold system. Geology consists of intermediate intrusive bodies cutting a sedimentary sequence, with alteration and mineralization noted within both intrusive rocks and sediments.
The McKinnon Creek area was the site of the Yukon’s first hardrock “gold rush” when a conglomerate thought to be similar to the Witwatersrand was located.
This 790 ha property is located at the headwaters of Mackinnon and Stowe Creek. Both creeks are covered by placer tenures, with an active placer mine on Stowe approximately 3.5 kilometres downstream of the property.
Access is by helicopter from Dawson with a one-way flight time of 20 minutes. Rough roads extend to within 3.5 kilometres of the property.
Main Zone
The Main Zone is a 2016 discovery with no prior mechanized trenching or drilling.
Mineralization occurs within a 125m x 300m area with possible extensions covered by thick overburden and permafrost.
Sampling highlights include a narrow quartz vein grading 4.36 g/t Au and 810 g/t Ag and a 0.6m chip sample of limonitic and bleached intrusive grading 8.35 g/t Au and 12.7 g/t Ag. Elevated Au Ag values are often associated with anomalous As-Sb-Bi.
A program of ground magnetics, prospecting, detailed soil sampling and geological mapping will provide the data needed to plan a preliminary drill test.
Grid Zone
The Grid Zone is a 2017 discovery with no prior mechanized trenching or drilling.
An open ended 900 metre long by 100 to 250 metre wide Au +/- Ag-As-Sb-Bi soil anomaly highlights this area. This anomaly is both stronger and more extensive than the anomaly at the Main Zone.
A bedrock source for the soil anomaly has yet to be located due to overburden hampering hand trenching and prospecting efforts.
Similar to the Main Zone, the results from a program of ground magnetics, prospecting, detailed soil sampling and geological mapping will allow for drill stage planning.
Other Properties