Location & Access
The Chris Creek target is located on the QV property approximately 85 km south of Dawson City and 9 km northwest of the VG deposit, which forms part of the Company’s flagship White Gold project. The target area is situated 10 km west-northwest of the confluence of the Yukon and Stewart Rivers. For its current exploration programs, the Company is accessing the project via helicopter based at its main Thistle Creek exploration camp located 30 km to the south-southeast.
Size
1,003 quartz mineral claims covering approximately 19,700 hectares.
Work to Date
Soil and rock sampling, airborne geophysical surveys (magnetics & radiometrics), ground VLF-EM geophysics, maiden diamond drilling (6 holes, 1,082 m)
Target (Mineralization)
Orogenic gold
Qualified Person
Terry Brace, P.Geo. and Vice President of Exploration for the Company is a “qualified person” as defined under National Instrument 43-101 – Standards of Disclosure of Mineral Projects and has reviewed and approved the content of this project summary.
Overview
The Chris Creek target forms a 2.2 km+ long east-northeast trending gold-in-soil anomaly and appears to be similar geochemically to the Company’s VG and Golden Saddle deposits. The anomaly was originally identified in 2023 and follow-up exploration work early in the 2024 field season included infill and extension soil sampling, rock sampling, and 2D inversions of ground VLF-EM survey lines. These surveys were carried out to better define the target prior to initial diamond drill testing.
The Chris Creek target sits at the western end of a 5.2 km long east-northeast trend that extends eastwards through the Diego and Tetra targets. The soil geochemical anomaly at Tetra is primarily Mo-Au and is bisected by a major west-northwest trending magnetic low, which runs subparallel to a large, mapped unit of Early Jurassic Long Lake Suite granodiorite. The entire trend follows a major fault identified through LiDAR and is highlighted by anomalous mercury (Hg) along its length.
Maiden Diamond Drilling
The maiden 2024 diamond drilling program at the Chris Creek target consisted of 6 holes totalling 1,082 m. Drilling encountered a zone of gold mineralization generally grading from 0.3 to 0.7 g/t Au over widths of 12 – 48 m which dips moderately (30°) to the NNW. Gold mineralization is primarily associated with stockwork quartz – tourmaline and carbonate – hematite veins/veinlets hosted within potassically altered hanging wall monzogranite intrusive host rocks. The base of the gold mineralization is marked by a sulphide breccia which occurs at the hanging wall - footwall contact. The breccia consists of 5-20 m thick leached monzogranite crackle breccia with a fine to very fine grained sooty grey pyrite matrix. The unit is consistently bounded at its upper and lower contacts by narrow graphitic faults ranging in thickness from 0.10 - 1.0 m. Anomalous silver (Ag) and tellurium (Te) are associated with gold, with silver ranging from 0.9-2.4 g/t Ag and tellurium from 0.4-1.6 ppm Te within the mineralized intervals. The highest silver and tellurium values are within the footwall mineralized zone intersected in hole QVCCK24D001 which returned 0.58 g/t Au, 6.73 g/t Ag and 3.84 ppm Te over 7.65 m from 102.8 m downhole.
| Hole ID | From (m) | To (m) | Length (m)* | Au g/t |
|---|---|---|---|---|
| QVCCK24D001 | 5.61 | 25.90 | 20.29 | 0.31 |
| 39.50 | 57.75 | 17.85 | 0.60 | |
| 102.80 | 110.45 | 7.65 | 0.58 | |
| QVCCK24D002 | 6.70 | 54.30 | 47.60 | 0.46 |
| incl. | 19.00 | 23.00 | 4.00 | 1.43 |
| QVCCK24D003 | 52.00 | 68.35 | 16.35 | 0.68 |
| incl. | 60.35 | 66.25 | 5.90 | 1.36 |
| QVCCK24D004 | 23.10 | 95.25 | 72.15 | 0.15 |
| QVCCK24D005 | 55.85 | 76.60 | 20.75 | 0.31 |
| QVCCK24D006 | 38.50 | 51.25 | 12.75 | 0.45 |
| incl. | 43.00 | 48.00 | 5.00 | 0.79 |
* Estimated true widths are 100% (D001, D003 to D006) to 90% (hole D002) of core lengths.
Chris Creek Target Gallery
