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Boundary Zone:Access & Property SizeBlue Vein Zone:
- is a 150 m wide zone of multiple, near-surface mineralized gold zones,
- 2008 drilling by Vault intersected 10.2 grams of gold per tonne (gAu/t) over 1.1 m, 6.7 gAu/t over 1.4 m (within a zone grading 2.0 gAu/t over 13.7 m), 7.3 gAu/t over 2.1 m (including 18.5 gAu/t over 0.6 m), and 3.1 gAu/t over 4.0 m,
- historic drilling intersected a wider zone of 1.4 gAu/t over 21.3 m.
- grab samples collected by Vault from this area returned up to 27.9 gAu/t from a blue quartz vein,
- the zones are related to a porphyry rock unit, cover a strike length of 200 m and are open in all directions.
Contact Zone:
- consists of three parallel structures where channel sampling in trenches in 2000 assayed up to 95.1 gAu/t over 2.7 m,
- drilling in 2003 (& one historical hole) returned intersections of 11.8 gAu/t over 2.8 m, 30.6 gAu/t over 1.3 m, 12.3 gAu/t over 1.1 m, and 18.8 gAu/t over 0.9 m to a vertical depth of 100 m,
- surface identified structures extend at least 800 m on surface with minimal trenching or drilling having been carried out.
Bidgood Main Fault Zone:
- is a near-surface zone which has returned 3.3 gAu/t over 10.2 m, 3.3 gAu/t over 6.4 m, 11.3 gAu/t over 1.5 m, 3.0 gAu/t over 5.3 m, and 3.1 gAu/t over 6.1 m from historical drilling over a strike length of 250 m, and 20 to 80 m below surface,
- a 2007 drill intercept from this zone returned 14.1 gAu/t over 1.0 m and 6.8 gAu/t over 1.2 m at a depth of 150 m. This mineralization is open to depth and to the east.
Quartz Stockwork Zone:
- located in the immediate vicinity of the Bidgood Main Fault Zone, a 2007 drill hole returned 8.3 gAu/t over 2.6 m.
- future drilling will track multiple ore horizons down and along trend of this zone -- an approach used successfully by Queenston Mining Inc. at the nearby Upper Beaver deposit, which historically produced 141,000 ounces of gold at 8.2 gAu/t (0.24 ozAu/ton), and that now hosts an indicated resource of 427,900 ounces gold at 9.7 gAu/t plus an inferred resource of 291,300 ounces gold at 8.5 gAu/t.
- consists of a broad, steep north-west dipping quartz-stockwork corridor as defined by three drillholes (LB08-35, -36, and -43) completed in 2008, with dimensions of 510 m strike length, 144m average core length and a >80% intense quartz-silica section averaging 17 m (core length) at a grade of 0.46 gAu/t, 2.2 gAg/t and 0.10% copper.
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