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Klondike Gold discovers extensive gold soil anomalies

Published by
Global Mining Review,


Klondike Gold Corp. (Klondike Gold) has reported its final results from 2018 regional exploration programmes across the company’s wholly-owned Klondike District property, Yukon Territory.

Regional work completed in 2018 included airborne magnetic and radiometric surveying, soil surveying, geological mapping, structural mapping, and prospecting. Follow-up work has included further processing of magnetic data (both airborne and ground), processing of soil geochemistry, and geochemical characterisation of geological units. 

Summary

A prominent magnetic break interpreted as a first-order major fault (the Rabbit Fault) is imaged by total field magnetics surveying. This is consistent with the company’s orogenic model of gold mineralisation in the region.

Nine extensive gold soil anomalies have been identified, all associated with the interpreted Rabbit Fault.

Structural mapping by SRK suggests a previously unobserved orogenic event in the Klondike area, and links this event with gold mineralisation. The orogenic history and gold mineralisation are interpreted to have similarities to the Coffee gold deposit situated 120 km to the south (Disclaimer: mineralisation at the Coffee gold deposit may not be representative of mineralisation that may be identified on the Klondike District Property). 

Lithologic mapping has defined the domains of major units, and identified individual units such as ultramafics and lamprophyre dykes marking deep crustal faults which are important elements in an orogenic gold model.

Prospecting has documented numerous historic bedrock workings, visible gold occurrences, and gold-bearing rock grab samples throughout the Klondike District, beyond the gold mineralisation identified by recent drilling. These gold-bearing workings and occurrences align along mapped faults, again consistent with the company’s orogenic model of mineralisation.

 

Read the article online at: https://www.globalminingreview.com/exploration-development/18022019/klondike-gold-discovers-extensive-gold-soil-anomalies-associated-with-structures/

 

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