Iron Pot ~ (Sulphide Facies)
Iron Formation ~ Au - Ag - Cu - Ni
Introduction
Banded Iron-formation (BIF) - hosted gold deposits are a particularly attractive global exploration target.
For example, the Homestake and Morro Velho mines belong to this classification and they are among the world's largest gold producers.
Generally, gold deposits in banded iron formations (BIF's) contain from 0.1 to 100 million tonnes of ore grading between four and thirty grams of gold per tonne.
The IRON POT property was staked after prospecting for banded iron formation gold, in an area considered favorable for this type of deposit model.
New showings of predominately massive iron sulphides and very extensive alteration zones have been recently discovered over an area greater than two kilometres by five hundred metres.
The Scotch Creek banded iron formation Au-Ag-Cu property is located just a few kilometres to the east.
Property
The original old Iron Pot occurrence is located on the bank of a small unnamed creek which flows into Scotch Creek from the west.
A number of highly mineralized sulphide zones striking east and dipping south are exposed in the area.
Mineralization comprises massive pyrrhotite with some galena, sphalerite and chalcopyrite. The mineralisation occurs within a zone of about at least 122 metres wide at this location.
The best showing is at the highest point on the side of the hill on the foot wall of the zone. Two short tunnels had been driven at this point. It has been reported that "some fair gold values have been obtained from the lower seams and that nickel is also found with the pyrrhotite" (Minister of Mines Annual Report 1930, page A189).
Prospecting reports (circa 1975) describes a quartzite body
(chert horizon?) and volcanic rocks, both containing chalcopyrite mineralization.
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This property is currently not showing on the map due to a lack of location information.
