Development StatusExploration
SummaryThe claims cover 2500 ha, with 1600 ha acquired by staking by EPL
and 900 ha subject to an option to earn a 100% interest. The Sphinx
property is located 60 kilometres west of British Columbia, Canada.
MOLYBDENUM and COPPER targets.
GeologyProperty covers copper-enriched iron-oxide mineralization.
The Sphinx property and adjacent area is underlain by successively
younger strata from east to west ranging from mid-Proterozoic Purcell
Supergroup in the east through to upper Proterozoic Windermere Supergroup
in the West. To the east of the property the Purcell Mountains are
formed mainly by the Aldridge Formation, Creston Formation and the
Kitchener Formation. West of the Sphinx property the Purcell Mountains
are formed by the Dutch Creek Formation, the Mt. Nelson Formation,
Toby Formation and the Horsethief Formation and the Purcell Supergroup.
The property overlies sedimentary units that have been intruded by
intrusive rocks. Molybdenum and associated tungsten mineralization
occurs as quartz-pyrite stockwork veins hosted by both sedimentary
and intrusive rocks. Chemical alteration of rock units suggests the
presence of a substantial porphyry-style mineralizing system.
The recently acquired Sphinx claims overlie the historic Five Metals
and Gray Creek occurrences. British Columbia government reports indicate
that the Five Metals occurrence consists of "iron ore with values
in silver, lead and copper."
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