· Shallow underground workings were examined, and one stope was sampled. The one-foot wide quartz vein sample assayed 0.52 oz/ton gold (“Au”) and 4.6 oz/ton silver (“Ag”). A parallel quartz vein assayed 0.12 and 0.8 oz/ton. (Pray, 1989)
· The altered chloritic schist outcrop on top of the 300-foot hill was sampled across 50 feet. The fire assay showed 0.07 oz/ton Au and 0.3 oz/ton Ag (Pray, 1989).
· The upper dump white quartz was sampled and fire assayed at 0.10 oz/ton Au and 0.6 oz/ton Ag. Selected lower dump samples assayed 0.16 oz/ton Au and 0.4 oz/ton Ag (Pray, 1989).
· Sample mark: dump ore:
Au - Gold 1.482 oz. per ton @ $425.00 = $629.95 per ton
Ag - Silver 0.96 oz. per ton @ $9.50 = $9.12 per ton (Robert Craig report, 1982).
· The prospect is a silver-gold deposit of mixed type with possibly significant platinum. Sulfide mineralization occurs both in quartz-filled shear zones in sedimentary host-rock and in diffuse vein stockworks in altered gabbroic-diorite intrusive heat. The latter includes much visible pyrite and appears to be pervasively mineralized (B.L. Wood, 1986).
· The prospect has an inferred (openout) potential of at least 10 million tones of 0.5 oz/ton Au and 5 oz/ton Ag, with a small but possibly significant amount of platinum. These grades are estimated on very limited information, but the tonnage is likely to be considerably greater. The prospect has a possible metal value estimated at $1900 million, and, as such, warrants the performance of a surface sampling program to determine the distribution of mineralization. Also warranted is a search of mining records to define underground distribution and past production quantities and grades (Wood, 1986).