Fourth Annual Report EL 4650 Chilling Creek to 20 August 1988

Abstract

CEC has done a great deal of work on this area. including drilling, costeaning and a regional helicopter-borne stream sediment survey. This has cost over $557,207 to date, and while extensive indications of gold mineralisation have been discovered, no economic body has yet been found. 1441m of RC percussion drilling were completed in June and July 1988 to test the two IP anomalies outlined in 1987, and to assess the shallow. open-pittable potential of the Main Lode. 100 soil and stream sediment samples were collected during the year. Eight of these were orientation samples in the stream draining the main Lode: the remainder were exploration samples. Some additional mapping in the vicinity of the drilling programme was also completed, together with some thin-section work. Four mineral claims (MCII 2588 to 2591) were applied for. Conclusions - 1. Drilling of the Main Lode outlined only a very limited resource (750 tonnes of 10g/t gold down to 15m). Grades and widths are too small to justify underground mining of deeper parts of the vein. 2. Reverse circulation drilling of the IP anomalies located no mineralisation of interest The northern IP anomaly is probably related to east-dipping carbonaceous sediments. The source of the southern anomaly remains obscure; a slight increase in disseminated pyrite is postulated. 3. An orientation programme downstream from the Main Lode indicates that arsenic geochemistry is more valuable than BCL gold in pinpointing the source of the mineralisation (DCL gold values are much more erratic). 4. DCL gold geochemistry completed in 1988 has outlined two anomalies that require follow-up: a) b.9 ppb gold soil anomaly 473836 (3km SE of Area A) b) 9.0ppb gold stream sediment anomaly 473920 (2km E.NE of Area A).