J2 SYNDICATE DISCOVERS WIDESPREAD HIGH GRADE POLYMETALIC MINERALIZATION IN OUTCROP WITH ASSAYS UP TO 16.4 GRAMS PER TONNE (0.53 OZ PER TON) GOLD, 36,875 GRAMS PER TONNE (1185.5 OZ PER TON) SILVER, 27.6 PERCENT COPPER, 33.9 PERCENT LEAD AND 29.98 PERCENT ZINC AT EMPIRE
The Empire Property covers 7682 hectares approximately 70 kilometers northeast of Terrace, BC. . It is road-accessible and approximately 15 kilometers from the nearest highway and power line. The Empire property was generated and recently staked by the J2 Syndicate following a brief reconnaissance exploration program in a highly prospective geological setting which resulted in the discovery of extensive high grade polymetallic mineralized trends. These trends were discovered in areas where recent glacial abatement has exposed several extensive new zones of mineralized outcrop which were previously unknown. Grab samples taken from outcrop have returned grades up to 16.4 grams per tonne (0.53 oz per ton) gold, 36,875 grams per tonne (1185.5 oz per ton) silver, 27.6% copper, 33.9% lead and 29.98% zinc. The Empire Property is the fourth property to be announced from a larger suite of properties generated, prospected and staked by the J2 Syndicate.
In August 2016, a 4 day reconnaissance prospecting program was completed on the Empire Property, resulting in the discovery of extensive high grade polymetallic mineralization in the north-south striking Inca Trend, which measures 1.6 by 1.2 kilometers. Within the Inca Trend widespread areas of massive and semi-massive sulphides and sulfosalts occur in abundant, near-vertical and flat-laying quartz-carbonate veins, sheeted veins, breccias and stockworks in two extensive vein swarms identified as the Metallica and Metalworks Zones.
The Metallica zone is a new discovery in a region of recent glacial retreat exposing mineralized outcrop that has never been seen before. Limited prospecting identified mineralization over an area measuring approximately 250 by 225 meters that remains open. Multiple outcrop exposures with abundant mineralization were discovered, including stacked flat-laying sheeted quartz-carbonate veins with globular sulfide disseminations arranged in a traceable set for over 50 meters across strike. Individual veins range up to 25 cm wide with an encompassing ankeritic carbonatized alteration halo. Five separate veins assayed between one and 16.4 grams per tonne gold, and up to 2470 grams per tonne silver, 15.45% copper and 1.58% zinc. The most prominent mineralization observed in outcrop in the Metallica Zone was a solid massive sulphide and sulfosalt vein up to 30 cm wide. Samples taken across the vein returned assay values of up to 36,875 grams per tonne silver, 4.68 grams per tonne gold, 27.6% copper and 3.27% zinc. This high grade vein is hosted in a 75 cm wide altered carbonatized fault with local sulphide bearing stockworks, breccia and parallel, near vertical, quartz-carbonate veins. The structure has been traced over 40 meters to the east and west and remains open in both directions. The spectacular assay values and sulphide rich mineralization offer a predictive look to mineralization at depth and strong potential for adjacent veins and feeder zones extending from an Eskay Creek style VMS body at depth. The parallel veins also have the same characteristics that have been observed throughout the zone, providing strong follow up targets. The majority of the area surrounding the Metallic Zone remains unexplored, with highly prospective areas along strike that have only recently been exposed by glacial abatement, and offers further targets for future exploration with an excellent potential for additional discoveries.
Approximately 500 meters to the north along the Inca Trend, also in an area of recent glacial abatement, newly exposed outcrop containing high grade polymetallic mineralization occurs in the Metalworks Zone, an area that measures 95 by 85 meters and remains open. In 2016, two days of prospecting in the Zone identified multiple sulphide-sulfosalt veins with massive lenses and quartz-carbonate veins with disseminated sulphides along contacts, fractures and faults in a localized dyke swarm. A massive galena vein along an intermediate-felsic volcanic contact swells up to 10cm wide with galena filling fractures in surrounding wall rock. Samples from the vein have returned values up to 6.36 grams per tonne gold, 182 grams per tonne silver, 1.5% copper, 31.0% lead and 29.9% zinc.
Emplacement of dykes also serves as ground preparation for mineralization by creating conduits for mineralizing fluids and a site prone to faulting in the otherwise homogenous sequence of massive volcanic flows and volcaniclastic layers. A bedrock grab taken from a parallel set of sulphide veins returned 5.82 grams per tonne gold, 100 grams per tonne silver, 1.0% copper, 13.6% lead and 12.6% zinc. Approximately 50 meters down strike a bedrock grab sample returned 12.5 grams per tonne gold, 70 grams per tonne silver, 0.5% copper, 7.45% lead and 4.65% zinc. The Metalworks Zone is adjacent to a glacier and has only recently been uncovered. Within the zone multiple veins, lenses and breccias have been found and sampled, producing multi-gram per tonne gold, over 100 grams per tonne silver and over 1.0% copper, lead and zinc, all exposed in bedrock. Mineralization to the north of the zone in lower elevations is overprinted by pervasive potassic alteration. Phreatic hydrothermal quartz-calcite breccia occurs adjacent to an extensive 25cm wide vein in the southern part of the Metalworks Zone and has returned 100 grams per tonne silver and 0.37% copper. A larger, more extensive hydrothermal phreatic breccia greater than 25 meters wide was observed in a cliff face near the Olympus Showing and remains to be sampled.
The newly discovered Olympus Showing is located approximately one kilometer to the northeast of the Metalworks Zone. The area around the Olympus Showing has received less than half a day prospecting but already shows similar characteristics to the Metallica and Metalworks Zones. Samples have returned up to 3.43 grams per tonne gold, 0.13% copper, 0.78% lead, and 0.11% zinc.
Gold-silver-polymetallic mineralization is characteristic of transitional or intermediate sulphidation mineralization, likely resulting from hydrothermal fluids in the waning stages of magmatic activity or from later intrusions. In BC, the Brucejack and Snip deposits are considered to be a transitional to intermediate sulphidation epithermal deposits as stockwork vein systems with gold and silver hosted in quartz-carbonate veins. The geochemical signature that is apparent following 2016 prospecting in the Inca Trend is dominated by gold-silver and copper-lead-zinc with high arsenic-antimony-mercury and elevated to strongly elevated barium, bismuth, cadmium, cobalt and manganese and would suggest a subvolcanic epithermal source. Multiple samples have produced over 1% antimony and 0.1% cadmium, up to 223 parts per million mercury, 1.98 parts per million tellurium and 3,950 parts per million arsenic.
The Empire property overlays a sequence of bimodal volcanics and volcaniclastic sediments of the Hazelton Group near the equivalent facies identified to host mineralization at Eskay Creek. Subaqueous hot-spring VMS-hybrid deposits such as Eskay Creek can occur genetically with epithermal mineralization often represented as a submarine equivalent to a surface sinter deposits with ore mineralogy and chemistry more characteristic of epithermal mineralization. At Eskay Creek, antimony, arsenic, mercury and barium are characteristic of the high-grade ore, and high grade stringer mineralization is consistent with low-sulphidation epithermal veins. There is a strong potential for Eskay Creek-style mineralization on the property. The necessary submarine environment is indicated by the presence of locally pillowed volcanics.
Ores of epithermal-related deposits are determined by environment at the time of mineralization, degree of wall rock interaction with mineralizing fluids, and proximity to the magmatic source. Epithermal-related deposits form proximal to volcanic centers. Alteration often shows overprint of different alteration assemblages as magmatic source migrates or cools and as subsiding caldera collapses, juxtaposing different points in the stratigraphic column through normal faulting. On the Brucejack deposit near Stewart, BC, progressive development and telescoping of the porphyry system in the volcanic pile resulted in a widespread zonation of porphyry-style alteration and mineralization with later epithermal mineralization superimposed on earlier porphyry-associated alteration and mineralization. Potassic alteration, characterized by K-feldspar, occurs at Eskay Creek, especially in the footwall alteration zone. Recent work and research done in the area by the BC geological survey identified gold-silver-copper-lead-zinc mineralization in the region to be consistent with transitional vein systems like the Snip mine. That same BCGS work identified four sites of sulphide mineralization in the northern region of the Empire Claim Block, where two sites returned over 100 grams per tonne silver and over 1.0% copper.
Mineralization within the Inca Trend is hosted in a bimodal volcanic succession of massive andesite and dacite flows with lesser basalt and rhyolite, at a center of prolonged subvolcanic activity and localized emplacement of numerous felsic and intermediate dykes. Based on alternating orientations crosscutting different dykes that sill and radiate out, the region along the Inca Trend may have formed as feeder zones to volcanism and potential proximal VMS vent systems. Geological field observations suggest a local volcanic center with extensive latter normal faulting. The region portrays an ideal setting for epithermal mineralization and Eskay Creek style subaqueous hot-spring mineralization. Local dyke swarms are notable features in
epithermal-related deposits including at the Silbak Premier mine and Eskay Creek. Massive sulphide and sulfosalts to semi massive globular disseminations occur in quartz-carbonate veins focused along contacts, filling any point of dilation in the extensively faulted and fractured Metallica and Metalworks Zones. Yellow-brown ankeritic alteration halos form in carbonatized wall rock with lesser pyrite-sericite-quartz around mineralized sites. Alteration halo ranges from narrow and restricted to greater than 2 meters; in some cases, where host rock is more permeable alteration persists through the entire unit producing notable gossan which is variably mineralized. Within the succession are intervals of tuffaceous and volcaniclastic units. These are also permeable units that mineralizing fluids can migrate along, typically forming lower grade but larger bulk tonnage deposits.
Approximately 3 kilometers southeast of the Inca Trend is the 1.6 kilometer by 1 kilometer Babylon Trend that remains open. Within the Babylon Trend numerous bedrock samples strongly elevated in gold-silver and base metals were collected in areas of newly exposed outcrop as a result of recent glacial abatement. These grab samples taken from outcrop in an area of extensive surface mineralization assayed up to 2.81 grams per tonne gold, 1860 grams per tonne silver, 3.1% copper and 2.86% zinc. Within the Babylon Trend pervasive zones of potassic and lesser chloritic alteration is often associated with polymetallic mineralization focused along contacts, fractures, shears and faults, and likely related to remobilization of prior mineralization. Disseminated globules of chalcopyrite and pyrite occur in altered rhyolite locally with tennantite and tetrahedrite along fractures with malachite and azurite staining. Copper staining is seen sporadically through the Babylon Trend, often with potassic alteration.
Work on the property has been very limited, with only 4 days prospecting. A significant exploration program is required to determine the full extent and characteristics of the mineralization. The majority of the property remains unexplored, including key areas surrounding newly discovered zones of mineralization that remain open and large zones of gossans and outcrop newly exposed due to recent glacial abatement. prospecting program has discovered extensive high grade polymetallic mineralization yielding assay values up to 36,875 grams per tonne (1185.5 oz per ton) silver, 16.4 grams per tonne (0.53 oz per ton) gold, 27.6 percent copper, 33.9 percent lead and 29.98 percent zinc from bedrock. The Empire property exhibits epithermal-related mineralization in a bimodal volcanic succession with strong potential for Eskay Creek-style mineralization at depth. Mineralized zones identified in 2016 remain open in all directions.
An extensive program of systematic mapping, prospecting and channel sampling is strongly recommended for each of the Metallica, Metalworks, Olympus and Babylon zones to trace the full extent of the surface mineralization. The Metallica, Metalworks and Babylon zones are expected to be drill-ready following a systematic program of detailed mapping, prospecting and channel sampling. Geophysics is also recommended to identify additional drill targets at depth.
Several other areas located well outside the discovery zones were observed from the air to contain gossans and dyke swarms near receding glaciers. These areas remain unexplored and have an excellent potential for additional discoveries. A significant prospecting program is therefore highly recommended. Other areas for follow-up include an extensive quartz-sericite-pyrite alteration zone in the west-central quadrant of the claim block and historic government samples in the northern quadrant from sulphide-sulfosalt mineralization. Prospecting is necessary in the unexplored reaches of the property and should focus on alternate dyke swarms, contact zones, and volcaniclastic horizons that are permeable sites to host mineralization. Airborne geophysics would also support regional prospecting across the property.
The majority of the Empire claim block is located in alpine regions with receding glaciers in a geologically favorable environment with extensive newly exposed outcrop that has strong discovery potential, as demonstrated in the few days prospecting during the August 2016 reconnaissance program. The property is close to infrastructure with access by logging roads and or existing trails through the property. The technical team believes this emerging area is similar historically to the early days of other significant global discoveries and may become one of the premiere metal producing areas in the world. Recent glacier abatement has opened up previously covered areas revealing exposed mineralization never seen before. The Empire property exhibits epithermal-related mineralization in a bimodal volcanic succession with strong potential for Eskay Creek-style mineralization at depth.