Silver Spruce Announces Significant Staking of Base Metal and Gold Targets, Doubles Size of Melchett Lake Zn-Cu-Au-Ag Volcanogenic Massive Sulphide Project, Nakina, Ontario - Seite 2

"The principal target area for the geophysical program has extensive soil and rock geochemical anomalies, known VMS style mineralization from surface to >500 metres depth, highly favorable alteration type and intensity, increasing Cu to Zn with depth, and deep Maxwell modelled plates off-hole from borehole EM surveys", stated Mr. Davison.

Foto: Accesswire

Figure 2. Drone image of the boreal forest cover with shallow historical DDH holes and 2007-2008 drilling collars and core storage <100m west of the main trench in the Relf Lake Zone (see Figure 3) centering the area of the planned deep-penetrating SPARTAN MT geophysical survey.

Several additional trends coincident with or along strike with 1970, 1991 and 2002 EM anomalies, particularly along the northern and northeastern-directed zones north of the Nakina showings and west towards the Key Lake targets. Potential folding, stacking and/or fold repetition of EM anomalies may be associated with the core of the Relf Lake target area and the Nakina 1 and 2 targets, overprinted by dextral (imbricate) offsets related to the strike breaks of known geochemical and geological anomalies among others.

Property Highlights

The Property now covers 11,236 hectares (480 single cell mineral claims and 5 multi-cell mineral claims with 70 cells) with VMS and Au targets located in east to southeast-striking, tightly folded, subvertical to moderately north-dipping Archean metavolcanic quartz-sericite schists to coarse fragmental units (Figures 3 and 4). These units exhibit steep down-dip to southeast raking or plunging lineations. The Melchett Lake belt contains several occurrences of polymetallic Zn-Pb-Cu-Ag-Au VMS mineralization similar in several respects to deposits exploited at Geco, Mattabi, and Winston Lake, among others.

Foto: Accesswire

Figure 3. Relf Lake - 30m x 40m gossan zone exposure of moderate to steeply north-dipping zinc (Fe-sphalerite) mineralization in weathered quartz-sericite-pyrite schist.

Highlights of the prospective geology, alteration and mineralization include a strike extent of more than 20 km, multiple folded or stacked horizons of coincident alteration and metal mineralization, high Zn/Cu, Zn/Pb and Ag/Au ratios, increasing Cu/Zn at depth, extensive remobilization of major and trace elements with defined enrichment (Fe, Mg, Co, Cr, Cd) and depletion (Na, Sr, Ca) zones.