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- Large land position in highly prospective greenstone belt
- Rolling Rock Resources Corp. has earned a 51% interest
- Multiple geophysical targets have never been drilled
- Previous drill results include 12.6 g/t over 1.32 metres and 5.4 g/t over 4.1 metres
Location
The Company controls a large land position over portions of the Gold's Lake greenstone belt in northern Manitoba, which it acquired in 2003. The mineral exploration license, measuring 20 kilometres, totals approximately 14,000 hectares, and is situated approximately 120 kilometres southeast of Thompson within a highly prospective greenstone belt.
Logistically, the project is well located, with a major winter road and a regional power line transecting the property. It is proximal to a community that offers scheduled air and basic support systems.
Overview
Limited exploration was completed by others in the area in the 1960's and 1980's, as part of regional grass roots programs. This work included air and ground magnetic and EM surveys that defined multiple northwest trending anomalies, and some drilling. The most extensive of the anomalies extends for over 10 kilometres with sub-parallel zones traced for up to four kilometers.
The property has been optioned to Rolling Rock Resources Corp., who, in March 2006, completed a ten hole diamond drilling program which tested a 30m by 300m zone known as the A Zone. Drilling by others in 1984 on the A Zone returned gold values including 5.40 g/t over 4.1 metres, 5.03 g/t over 2.6 metres and 12.59 g/t over 1.32 metres. With the inclusion of Rolling Rock's drilling, the A Zone has been expanded to over 750 metres in strike length and remains open in both directions and down dip. Rolling Rock's drill results included 30.90 g/t gold over 0.70 meters and 4.04 g/t gold over 2.55 meters, including 7.83 g/t over 1.00 meters. There are multiple geophysical targets similar to the A zone that have not been drilled
Rolling Rock Resources Corp. has earned an initial 51% interest in the Domain Project. RRR can increase its interest to 65% by the expending an additional $700,000 in exploration, upon which time a joint ventures will be formed.
Work Performed
Previous exploration by others in the 1970's and 80's defined a favorable Achaean greenstone belt with the potential of hosting economic banded iron formation related gold deposits. In addition to airborne and ground geophysical surveys, historical work included the completion of several drill holes. Four of these holes tested a 100 metre segment on one of the more prominent trends and all of the holes intersected mineralized banded iron formation. Values of note include, 5.4 g/t gold over 4.1 metres, 5.03 g/t gold over 2.6 metres and 12.6 g/t gold over 1.32 metres. Elsewhere on the property, limited drilling has intersected other zones of significant gold, including 3.18 g/t over 1.55 metres and 5.64 g/t over 0.2 metres.
In 2004 the Company completed a program of ground magnetic and horizontal loop electromagnetic surveying and carried out detailed reviews of all available data. Previous target areas were re-established and expanded in preparation for further exploration.
In March 2006, the Company's JV partner, Rolling Rock Resources Corp., completed a ten hole drill program which produced very encouraging results. Ten drill holes were completed from six drill setups. The mineralization intersected is contained within a 30 metre (estimated true width) silicified zone containing variable sulphides and some visible gold that extends over a strike length of 300 metres and dips approximately 75 to the southwest. The mineralization appears to have both vertical and lateral continuity between holds and correlates along strike with the previously discovered gold bearing A Zone. With the inclusion of Rolling Rock's drilling, the A Zone has been expanded to over 750 metres in strike length and remains open in both directions and down dip. Results included 30.90 g/t gold over 0.7 m abd 4.04 g/t over 2.55 m including 7.83 g/t over 1.00 m.
Planned Exploration
Rolling Rock Resources Corp. has announced that they intend to conduct further drilling in 2008.
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