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Mile Lake Breccia
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ASX Overview Map |
The Company has discovered a new high grade poly-metallic breccia that is rich in copper, molybdenum, lead, zinc, silver and tungsten, known as the Mile Lake Breccia situated on the Company's Contact Lake property on the south side of Echo Bay. Preliminary drilling of the Mile Lake Breccia has yielded some significant poly-metallic drill results from an 8 hole drill program in 2006. Drilling and field work has confirmed widespread poly-metallic mineralization at several target areas at Mile Lake, in both exploration rock sampling and in drill core.
The Mile Lake Breccia is a new area in which poly-metallic mineralization and alteration is intermittently exposed for over 2 kilometers in strike length, within a regionally extensive laminated volcaniclastic tuff. The mineralization occurs within the same suite of volcano-plutonic rocks that host other poly-metallic zones in the Eldorado & Contact Lake Mineral Belt, including the former El Bonanza Silver- Uranium (U-Ag) and the Eldorado Uranium (U-Ag- Cu- Co- Ni- Bi) mines.
Drilling at the Mile Lake IOCG Target |
Mile Lake Drill Summary
DRILL HOLE RESULTS
| Drill Hole |
Length m (ft) |
Copper (Cu) wt% |
Lead (Pb) wt% |
Zinc (Zn) wt% |
Silver (Ag) g/t (Ounces/t) |
Molybdenum (Mo) wt% |
Tungsten (W) wt% |
| CLMB 06-01 |
8.62 (28.3) |
1.81% |
0.64% |
1.19% |
29.1 (0.94) |
0.053% |
0.032% |
| CLMB 06-02 |
9.90 (32.48) |
1.64% |
1.00% |
2.30% |
42.0 (1.35) |
0.071% |
0.164% |
The drill results confirm the poly-metallic nature of the mineralization and demonstrate the widespread distribution of IOCG associated mineralization in the Eldorado & Contact Lake district. The Mile Lake Breccia is open for drilling along a strike length of greater than 2 kilometers within a 100 to 200 meter wide horizon. This is one of a number of large IOCG & uranium targets that are emerging at Contact Lake, that are characterized by two to six different metals within a target horizon.
Mile Lake IOCG Target (2 km. strike length) |
The Company collected over 60 surface rock samples from the Mile Lake property that were analyzed during the program which assayed values to a maximum of 15.34% copper, 1.90% lead, 5.71% zinc, and 293.0 g/ton (9.43 oz/ton) silver. In addition to grab sampling, chip sampling was carried out along an exposed trench which produced the following average values over 3 meters (9.84 feet). The samples returned values of 3.48% copper, 0.70% lead, 0.78% zinc, and 23.0 g/ton (0.74 oz/ton) silver and 0.12% molybdenum.
Summary of high-grade grab samples from Mile Lake, NT are listed below:
Mile Lake Breccia Surface Sample-Results
| Sample# |
Location |
Copper (Cu) wt % |
Lead (Pb) wt % |
Zinc (Zn) wt% |
Silver (Ag) g/t |
Silver (Ag) Ounces/t |
| 158332 |
Western area |
3.51 |
0.84 |
1.61 |
45.10 |
1.45 |
| 158333 |
Western area |
0.35 |
0.04 |
0.2 |
26.30 |
0.85 |
| 158334 |
Main showing |
0.07 |
0.03 |
0.04 |
0.70 |
0.02 |
| 158335 |
Main showing |
0.14 |
0.04 |
0.07 |
10.20 |
0.33 |
| 160851 |
Main showing |
0.4 |
0.1 |
0.26 |
4.20 |
0.14 |
| 160878 |
Main showing |
11.72 |
0.98 |
0.11 |
84.30 |
2.71 |
| 160879 |
Main showing |
15.34 |
0.99 |
0.06 |
95.50 |
3.07 |
| 160880 |
Main showing |
1.28 |
0.8 |
0.38 |
12.50 |
0.40 |
| 160881 |
Main showing |
5.64 |
1.74 |
5.71 |
126.90 |
4.08 |
| 160882 |
Main showing |
11.5 |
1.90 |
4.07 |
293.00 |
9.42 |
| 160883 |
Main showing |
1.28 |
1.20 |
2.37 |
23.00 |
0.74 |
| 368957 |
Main showing |
0.64 |
0.22 |
1.32 |
13.00 |
0.42 |
| 368961 |
Main showing |
0.69 |
0.72 |
0.34 |
9.00 |
0.29 |
| 368962 |
Main showing |
1.38 |
0.26 |
0.72 |
10.90 |
0.35 |
| 368964 |
Main showing |
0.21 |
0.02 |
0.03 |
1.20 |
0.04 |
| 368982 |
Main showing |
0.45 |
0.42 |
0.06 |
11.50 |
0.37 |
| 368984 |
Main showing |
0.27 |
0.03 |
0.21 |
43.80 |
1.41 |
| 368985 |
Main showing |
0.71 |
0.21 |
0.21 |
12.40 |
0.40 |
| 368986 |
Main showing |
0.56 |
0.26 |
0.31 |
5.50 |
0.18 |
| 368988 |
Main showing |
0.86 |
- |
- |
2.20 |
0.07 |
| 368989 |
Main showing |
0.11 |
0.01 |
0.06 |
3.00 |
0.10 |
| 368990 |
Main showing |
0.12 |
- |
0.09 |
0.20 |
0.01 |
| 434618 |
Main showing |
0.28 |
0.11 |
0.07 |
1.90 |
0.06 |
| 434619 |
Main showing |
0.39 |
0.02 |
0.42 |
6.20 |
0.20 |
| 434965 |
Mile Lake |
0.08 |
0.14 |
0.11 |
23.40 |
0.75 |
| 434966 |
Mile Lake |
0.03 |
0.18 |
0.21 |
2.30 |
0.07 |
| 434970 |
Main showing |
0.33 |
0.01 |
0.1 |
4.90 |
0.16 |
|
Uranium (U) % |
Silver (Ag) g/ton |
Copper (Cu) % |
Lead (Pb) % |
Zinc (Zn) % |
Nickel (Ni) % |
Cobalt (Co) % |
Gold (Au) g/ton |
Bismuth (Bi) % |
| Maximum Values |
0.69 |
68 |
4.98 |
0.4 |
0.49 |
0.23 |
0.58 |
0.4 |
0.1 |
The Company is reporting poly-metallic assay values from the sampling program which includes 2.35% copper, 0.33% zinc and 134.2 g/ton silver as well as 1.01% copper, 1.24% lead, 1.31% zinc, 72.1 g/ton silver also, 0.99% copper, 0.52% lead, 0.58% zinc and 43.8 g/ton silver.
Mile Lake, NT (Grab Samples)
Poly-metallic grab samples from Mile Lake, NT
Sample |
GPS Location |
Copper |
Lead |
Zinc |
Silver |
Cobalt |
Number |
Easting |
Northing |
Cu |
Pb |
Zn |
Ag |
Co |
|
(m) |
(m) |
(%) |
(%) |
(%) |
(g/ton) |
(%) |
10031 |
451854 |
7321802 |
0.22 |
0.01 |
0.28 |
1.4 |
0.02 |
10032 |
451854 |
7321801 |
0.14 |
0.01 |
0.74 |
7.0 |
0.01 |
10033 |
451937 |
7321726 |
0.70 |
0.02 |
0.04 |
2.7 |
0.01 |
10034 |
451937 |
7321726 |
0.12 |
0.00 |
0.02 |
0.5 |
0.01 |
10035 |
452016 |
7321690 |
0.26 |
0.13 |
0.10 |
1.3 |
0.00 |
10036 |
452014 |
7321691 |
0.27 |
0.16 |
0.12 |
2.0 |
0.00 |
10037 |
452170 |
7321670 |
0.20 |
0.01 |
0.10 |
0.7 |
0.00 |
10038 |
452043 |
7321506 |
0.06 |
0.14 |
0.11 |
0.9 |
0.02 |
10040 |
452078 |
7321570 |
0.10 |
0.20 |
0.06 |
3.6 |
0.01 |
10041 |
451882 |
7321595 |
0.16 |
0.07 |
0.35 |
2.1 |
0.01 |
10042 |
451975 |
7321680 |
0.01 |
0.06 |
0.06 |
43.4 |
0.42 |
10044 |
451616 |
7321486 |
0.34 |
0.01 |
0.11 |
8.1 |
0.00 |
10045 |
451563 |
7321502 |
0.99 |
0.52 |
0.58 |
43.8 |
0.01 |
10046 |
451597 |
7321343 |
0.19 |
0.02 |
0.55 |
5.5 |
0.01 |
10049 |
451658 |
7321187 |
0.07 |
0.60 |
0.20 |
2.6 |
0.03 |
10061 |
451888 |
7321491 |
1.01 |
1.24 |
1.31 |
72.1 |
0.00 |
10053 |
452079 |
7321571 |
0.04 |
0.12 |
1.43 |
1.0 |
0.01 |
10054 |
451862 |
7321590 |
0.44 |
0.24 |
0.69 |
7.2 |
0.00 |
10055 |
451862 |
7321590 |
0.33 |
0.48 |
0.64 |
12.8 |
0.00 |
10056 |
451759 |
7321236 |
0.10 |
0.19 |
0.27 |
1.9 |
0.00 |
10057 |
451753 |
7321240 |
0.06 |
0.13 |
0.39 |
1.5 |
0.01 |
10058 |
451670 |
7321500 |
0.71 |
0.04 |
0.26 |
30.5 |
0.00 |
10060 |
451866 |
7321620 |
0.21 |
0.18 |
0.40 |
10.0 |
0.00 |
10063 |
451305 |
7322123 |
0.06 |
1.20 |
0.36 |
4.9 |
0.01 |
10064 |
451297 |
7322113 |
0.15 |
0.12 |
0.56 |
3.5 |
0.03 |
10065 |
451287 |
7322080 |
1.02 |
0.21 |
0.64 |
51.2 |
0.01 |
10066 |
451121 |
7321330 |
2.35 |
0.04 |
0.33 |
134.2 |
0.01 |
10067 |
451267 |
7321263 |
0.15 |
0.04 |
0.06 |
5.6 |
0.01 |
10068 |
451292 |
7321317 |
0.11 |
0.11 |
0.13 |
7.3 |
0.04 |
Mile Lake, NT (Grab Samples)
Poly-metallic grab samples from Mile Lake, NT
Sample |
GPS Location |
Cu (%) |
Pb (%) |
Zn (%) |
Ag (g/ton) |
Bi (%) |
Co (%) |
Number |
Easting |
Northing |
Copper |
Lead |
Zinc |
Silver |
Bismuth |
Cobalt |
10451 |
450047 |
7323222 |
0.19 |
- |
- |
0.5 |
- |
- |
10452 |
450047 |
7323222 |
0.30 |
- |
- |
3.1 |
- |
- |
10454 |
450047 |
7353222 |
0.13 |
- |
- |
0.8 |
- |
- |
10457 |
451001 |
7322605 |
0.72 |
0.16 |
0.71 |
42.6 |
- |
0.09 |
10458 |
451001 |
7322605 |
0.26 |
0.10 |
0.17 |
12.2 |
- |
0.03 |
10468 |
453810 |
7322011 |
0.11 |
- |
- |
0.5 |
- |
- |
10471 |
454445 |
7323798 |
0.12 |
- |
- |
0.1 |
- |
- |
10473 |
452641 |
7323955 |
0.11 |
- |
- |
0.1 |
- |
- |
10476 |
452933 |
7324259 |
0.11 |
- |
- |
0.1 |
- |
- |
10477 |
452956 |
7324257 |
0.32 |
- |
- |
6.1 |
- |
- |
10479 |
453121 |
7323727 |
0.12 |
- |
- |
0.9 |
- |
- |
10483 |
454279 |
7324045 |
0.34 |
- |
- |
0.5 |
- |
- |
10484 |
449864 |
7322843 |
8.41 |
0.55 |
- |
272.0 |
- |
- |
10485 |
449864 |
7322843 |
22.72 |
0.59 |
- |
619.0 |
- |
- |
10486 |
449864 |
7322843 |
1.41 |
0.08 |
0.11 |
39.4 |
- |
- |
10487 |
450053 |
7323024 |
0.17 |
0.18 |
0.16 |
4.6 |
- |
- |
10488 |
450004 |
7322753 |
0.14 |
- |
0.14 |
18.6 |
- |
- |
10489 |
449995 |
7322773 |
0.16 |
- |
0.05 |
15.5 |
- |
- |
10491 |
452575 |
7321499 |
0.05 |
0.22 |
- |
2.1 |
- |
- |
10501 |
448677 |
7322372 |
0.72 |
0.07 |
0.32 |
2.8 |
- |
- |
10502 |
448677 |
7322372 |
0.24 |
- |
0.11 |
0.3 |
- |
- |
10503 |
449015 |
7322080 |
0.43 |
0.29 |
1.07 |
26.6 |
0.20 |
0.15 |
10504 |
449015 |
7322080 |
0.20 |
0.21 |
0.73 |
35.0 |
- |
- |
10505 |
448920 |
7322165 |
0.25 |
0.11 |
2.88 |
4.5 |
- |
- |
10506 |
448920 |
7322165 |
0.02 |
0.06 |
0.84 |
3.0 |
- |
- |
10507 |
448855 |
7322203 |
0.12 |
0.44 |
0.18 |
37.6 |
0.03 |
- |
10508 |
448855 |
7322203 |
3.98 |
0.73 |
0.58 |
626.0 |
0.03 |
0.03 |
10509 |
448855 |
7322203 |
0.02 |
- |
- |
2.2 |
- |
- |
10510 |
448855 |
7322203 |
11.69 |
0.44 |
8.30 |
1330.0 |
- |
- |
10511 |
448855 |
7322203 |
6.61 |
0.35 |
3.66 |
1427.0 |
- |
- |
10517 |
455286 |
7323809 |
0.20 |
- |
- |
0.4 |
- |
- |
10518 |
455281 |
7323837 |
0.46 |
- |
- |
0.5 |
- |
- |
10519 |
455343 |
7324996 |
0.32 |
- |
- |
9.9 |
- |
- |
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