Location
30km W of Merritt, British Columbia
Stage
Exploration
Size
10,927-hectares
Mineralization
Low-Sulphidation Epithermal Gold
Grades
Up to 43.3 g/t gold (Bonanza Target)
Existing Infrastructure
Provincial Forest Service Roads and abundant logging roads/trails
Overview
The Prospect Valley (PV) property was first staked in the fall of 2001 following the discovery of numerous gold–bearing quartz-vein and breccia float occurrences demonstrating classic epithermal textures.
The PV property area is an intrusion-related low–sulphidation epithermal mineralization system, in which the gold mineralization is controlled by folded rock and fault structures and closely associated with pyrite. Low–sulphidation epithermal deposits are precious metal–bearing quartz veins, stockworks and breccias that formed from the boiling of volcanic–related hydrothermal to geothermal systems.
Prospect Valley claim locations and access routes
Geology
The Prospect Valley Property is underlain by Spences Bridge Group Spius Creek Formation andesite and basalt flows with local flow breccias. A north-trending moderately west-dipping fault, the Early Fault Zone (EFZ), has been traced roughly 3km on the property.
Brecciated, silicified and quartz-veined rocks in the immediate hanging wall of the EFZ host a similar style of low-sulphidation epithermal gold and silver mineralization found at Shovelnose.
Drilling Highlights:
DDH–2006–21
45.7 metres
1.6g/t gold Au
DDH–2006–21
4.6 metres
4.4g/t Au
DDH–2006–21
8.90 metres
2.0g/t Au
DDH–2007–05
6.7 metres
3.6 g/t Au
DDH–2007–05
1.3 metres
12.2 g/t Au
DDH-2007-01
66.8 metres
0.9g/t Au
5.9 g/t Ag
DDH-2007-02
32.2 metres
1.4g/t Au
PV16-04
95.8 metres
0.7 g/t Au
PV16-04
38.0 metres
1.4 g/t Au
PV16-04
15.0 metres
2.2 g/t Au
Prospect Valley Gallery
