Iron Range

Development Status

Exploration.

Summary

The property consists of 191 units (4669 ha.)- reported on Mar/05-
covering 30 km of surface expression of a prominent iron-oxide resource
associated with the regional scale Iron Range fault structure (British
Columbia).

Geology

The Iron Range Fault system represents a major structural feature
that is markedly different from other structures in the region in
terms of deformation and alteration. Structural, mineralization and
alteration relationships indicate that the property has potential
for both Olympic Dam-type Cu-Au-U-REE deposits and Sullivan-type
sedimentary-exhalative deposits.
Fourteen documented iron showings are located within the property
and are located along a north-south trend.

Surface exploration completed in 1957 confirmed the presence of a
hematite-magnetite breccia zone over a three-kilometre strike length,
with widths of between 60 metres and 150 metres. Alteration assemblages
suggest the presence of multiphase mineral emplacement associated
with hydrothermal fluids. The structure has never been tested below
a 20-metre depth.