Re: Prosper Gold
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Aug 22, 2013 09:42AM
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Doubleview Capital Corp.’s Hat property adjoins the Sheslay property to the southeast and covers the Hoey and Hat/OH Minfile showings (104J 015 and 104J 021, respectively). The Hat property is an early stage property with several zones that have characteristics of porphyry copper-gold and of epithermal gold-silver mineralization. At the time of the author’s site visit to the Sheslay property, Doubleview was mobilizing a drill to their Hat property. As reported by Ostensoe (2012), The Hat property has been explored in a thirty-five year period by prospecting, a series of technical surveys, and a small number of shallow bulldozer and hand-dug trenches. Three areas of particular interest have been identified: (1) the Gossan Creek zone that comprises, from east to west, a zone of intense alteration that may represent the upper zone of a “Buchanan” model epithermal system, a +1 km linear structure with strong brecciations permeated with fine grained sulphides minerals, and at its west end, a pinnacle of erosion-resistant alteration that where sampled contained elevated silver-copper-gold values (2) the Hoey zone, an area of strongly sheared and mylonitized gabbroic volcanic rocks and nearby monzonite, that includes shreds of micaceous specular hematite, copper (chalcopyrite, bornite, malachite and azurite) and trace amounts of molybdenite, samples of which when Prosper Gold Corp. Sheslay Property - NI 43-101 Technical Report May 27, 2013 -58- L.J. Caron, M.Sc., P.Eng. Consulting Geologist assayed returned in addition to “good” copper values, gold values of as much as 8.1 ppm gold/tonne and 22,041 ppm copper and (3) the copper-gold geochemically and geophysically anomalous zone first identified by Utah Mines Ltd. and confirmed by the present owners. The latter zone has dimensions of 1.5 km northwesterly and one km northeasterly, and occurs in an area of boggy ground without large areas of bedrock exposures. Several sulphides-bearing “float” pieces … assayed high values in copper (7336 ppm Cu) and 885 ppb gold and rock samples from trenches analysed 835 ppm copper and 134.8 ppm