Re: no news
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posted on
Jan 26, 2011 09:46AM
Focused on the Rice Lake Gold Belt
Mosey, good to hear from you. Looking at the priority targets on the GoldenFairWay that Bill Ferreira and team have pick are all targeting ,,.Of particular interest are the Type-16 vein structure orientations that provide prolific gold accommodation zones in the Rice Lake mine and the new high grade hanging wall zones and deposits on the adjacent San Gold mine lease.
Overall, the magnetic survey data shows very good correspondence and continuity with the geology mapped on the adjacent San Gold mining lease. Moreover, very distinct rock unit and structural feature intersections present themselves as attractive drill targets. The prominent lithological features are interpreted as basalt and/or gabbro units possibly similar to the main gabbro unit that hosts the Rice Lake ore deposit or minor mafic units with altered contacts such as those hosting one of the near surface high-grade hanging wall deposits on the adjacent San Gold mine lease. One of these features is a 1.5 km long, roughly east-west trending magnetic high that is cut at three places by northeasterly, Type-16 oriented cross-fractures. Magnetic lows associated with these intersections are interesting since the injection of sulphides by gold-bearing fluids often converts magnetite, a magnetic oxide mineral, to pyrite, a non-magnetic sulphide mineral, resulting in patches of low magnetic intensity.
In the southern part of the survey area, another mafic unit is tentatively interpreted as a distal northwestern extension of the subvolcanically injected gabbro that hosts the Rice Lake and adjacent Cartwright deposits. Importantly, this southernmost mafic unit is also cut by the same regional Type-16 structures that are caused by the late stage deformation event that appears to have mineralized the entire central part of the Rice Lake greenstone belt.
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required.
During ...................notice their seems to - be alot of targets at the breaks ( deformation ) in the structures.. Traps7