SMITLEY-OLY

MINFILE No 093D 022
Capsule Geology The Smitley-Oly is a chalcopyrite-bornite-tetrahedrite bearing quartz vein and stockwork showing at 1525 metres elevation near Mount Saugstad, about 15 kilometres east of South Bentinck Arm.

Noranda staked the area as the Snootli and Smitley 1, 2, 3 claims in 1980. It was staked as the Patch Group for Queenstake Resources in 1982, and restaked in 1984 as the Aleeta 1-4 (including the Bas and Nus claims). Work that year identified two zones of interest. The South Zone is a system of subparallel quartz veins, from a few centimetres to several metres in width, about 4 kilometres south of Mount Saugstad summit. The zone appears to lie along the southern contact of the Tertiary granodiorite stock. The major vein strikes 153, and dips 25-30 degrees south, contains pyrite and chalcopyrite, and is exposed for a strike length of 1.5 kilometres. A grab sample from the vein assayed 6.24 grams per tonne gold, 58.97 grams per tonne silver, and 3.79 per cent copper. The North Zone is a large gossan extending southeast from the head of Snootli Creek valley across the summit of Mount Saugstad for a distance of 9 kilometres. A grab sample assayed 1.13 grams per tonne gold, 6.86 grams per tonne silver, and 0.43 per cent copper. The Oly 1-4 claims were staked in 1987 by United Pacific Gold, Ltd. to cover mineralization associated with the intrusive contacts of Tertiary granitoids. In 1988 United Pacific conducted geological mapping and rock sampling.