3 – Kellyn Project
April 2010 – Amended Kellyn 43-101 (click here to read)
Initial grab sampling by the Company prior to optioning the Kellyn claims assayed up to 26.8 g/t (0.84 oz/tonne) gold from a newly discovered Creek showing found by two local prospectors. Historical occurrences on their claims included the Elgin Adit Showing (historical assays of 22g/t gold and 62.5 g/t silver) and Jon’s Showing (historical assays of 11 g/t gold and 968 g/t silver). Samples taken by Company geologists also included spectacular values from 3 to 13 ounce/t silver at the Adit vein. The potential of the property was viewed as significant as the gold/silver occurrences occur along the contact between ultramafic rocks and a granitoid body, a favorable geological setting for Archean volcanic hosted gold deposits.
On January 19th, 2009, Galahad Metals Inc. (GAX:TSX.V) optioned 100% of the Kellyn property consisting of nine claims covering 56 claim units in Syine Township, Thunder Bay Mining District. These claims lie in Northern Ontario 60kms west of Marathon, Ontario, the site of the Hemlo Gold Mines. The Kellyn property is comprised of gold/silver quartz vein, base metal and a mineralized REE system. Additional sampling, stripping and prospecting were carried out in 2009 across the property. At the Creek Showing additional sampling confirmed the high grade nature of this narrow quartz vein, assaying 24.7 g/t gold and 40 g/t silver. The silver potential of the Jon’s showing was highlighted with assays from 4 – 454 g/t silver and anomalous gold from 0.14 – 1.21 g/t. Both gold and silver are associated with telluride minerals as well as anomalous base metals. These two prospects are drill-ready. In addition to precious metals, sampling of various rock types at the Adit area were found to be enriched in rare earths. Eight rock samples from a stripped area above the adit ranged from 0.23 to 1.92 % total REE; three samples were in excess of 1% total rare earths. Host rocks are varied, and include quartz veins, alkaline gabbro and altered volcanic rocks. In addition, most are barium-enriched, a Hemlo-like signature. Geologically the REE-enriched zone occurs in a highly strained zone of gabbroic rocks near the contact with the Terrace Bay batholith. The REE’s in the Adit area are light-REE enriched however additional prospecting is required as the number of samples is relatively small. This work has yet to be carried out. Untested, but significant, is a large (75,000m2) area of very metal-enriched soil anomaly. This anomaly is represented primarily by copper and REEs but also has elevated gold values in the soil anomaly. No outcrops were mapped so further geophysical work is recommended. Additional work is required to assess the mineral potential of the complicated metallogenic pattern of metals found to date on the claims. |
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The current Kellyn exploration program is being supervised by Paul W. Pitman., P. Geo, , who is the Qualified Person as defined by National Instrument 43-101 for the Kellyn Project.
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