Strategic Metals Reports High-Grade Copper, Cobalt and Gold Mineralization at Its Batt Property, Yukon - Seite 2

One kilometre south-southwest of the MS zone, soil geochemical sampling has identified a 400 m by 300 m multi-element anomaly that contains values up to 0.58% Cu, 0.42% Zn and 180 ppm Co (Figures 3-5). This is a new discovery that has not yet been mapped or prospected.

Approximately 800 m southeast of the MS zone, several large (0.4 x 0.3 x 0.5 m) angular boulders of massive sulphide in float make up the Boulder zone, where a chalcopyrite, pyrite and quartz boulder returned 19.7% Cu and 41 g/t Ag, and a pyrrhotite and pyrite bearing boulder returned 0.2% Cu and 0.18% Co. By following the boulders upslope, a subcrop of semi-massive chalcopyrite and pyrite in a quartz breccia was discovered and a sample from this subcrop returned 2.2% Cu with 8.0 g/t Ag. This area has not been systematically evaluated because of thick talus cover.

Foto: Accesswire

Figure 1. Location of the Batt property, southwest Yukon.

Foto: Accesswire

Figure 2. A) Sericite altered basalt breccia with sulphide clast (black circle). B) Jasper/magnetite, quartz and epidote infill between pillows. C) Quartz-sulphide breccia and stockwork interpreted as a feeder to possible overlying VMS mineralization (4.01 g/t Au, 0.51% Cu, 700 ppm Co over 2m). D) Massive chalcopyrite and pyrite boulder from the Boulder zone (19.7% Cu and 41 g/t Ag).

Foto: Accesswire

Foto: Accesswire

Foto: Accesswire

Figures 3-5. Soil geochemistry from the Batt property showing multi-element geochemical anomaly (red circle). The Main Ridge, MS and Boulder zones are shown for reference.

At the Main Ridge zone epigenetic quartz and quartz-carbonate veins have been identified in brittle shears and fractures developed within the volcanic sequence and younger intrusive rocks (Figure 6). These veins host significant copper, cobalt and gold mineralization and range from 0.3 to 5 m in width. Two large structures have been identified within the Main Ridge zone, and two mineral showings, Rosie and Saddle, have been exposed in bedrock where the structures cross areas of outcrop and shallow talus. The Rosie showing is characterized by quartz and quartz-carbonate veins and associated shears, developed along a strike length of 230 m. Highlights of chip sampling along the Rosie structure includes: