Ontario Geological Survey
Permanent Link to this Record:
MDI000000000596
Record Name(s) | Western zone - 2003, Acrex- Moneta JV - 2003 |
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Related Record(s) | |
Record Status | Prospect |
Date Created | 2008-Sep-02 |
Date Last Modified | 2022-Jan-30 |
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Revised By |
Primary Commodities: Gold
Township or Area: Michaud
Latitude: 48° 27' 39.97" Longitude: -80° 5' 32.01"
UTM Zone: 17 Easting: 567110.002 Northing: 5367949.998 UTM Datum: NAD83
Resident Geologist District: Kirkland Lake
NTS Grid: 42A08NE
Point Location Description: Western zone on Moneta's Golden Highway project
Location Method: Based on Assessment
2003-2004: Acrex Ventures Ltd. diamond drilled 18 holes totaling 6037 m. Strike length of 850 m open on each end and at depth. 3 mineralized zones with intersections up to 23 g/t over 0.4 m.
Office File Number | Online Assessment File Identifier | Online Assessment File Directory |
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KL-5503 | 20000000873 | 20000000873 |
Province: Superior
Subprovince: Abitibi
Terrane: Wawa-Abitibi
Belt: Abitibi
Tectonic Assemblage: Timiskaming
Geological Age: Archean
Sep 02, 2008 (D Guidon) - Taken from Acrex Ventures website September 2, 2008 The recent drilling has successfully demonstrated that the Western Zone mineralized system extends to 850 metres in length and remains open to the east and west, and at depth. Quartz veining, alteration and/or mineralization, all of which are indicative of the mineralized structural system, were encountered in all drill holes completed to date in the Western Zone. Hole MA-04-019 was collared approximately 245m west of the previously reported most westerly hole MA-04-017. Three separate intervals of mineralization, which returned 2.71 g/t over 0.4m; 7.88 g/t over 0.35m; and 2.31 g/t over 1.8m, were encountered in hole MA-04-019 between 146 and 188m. Hole MA-04-020 is located approximately 120m east of the previously reported most easterly hole MA-04-016. In hole MA-04-020, two main zones of alteration and quartz veining returned 1.23 g/t over 0.4 meters and 1.7 g/t gold over 0.5m between 199.6 and 204.5m; and 1.09 g/t over 0.3m and 1.15 g/t gold over 1.1m between 263.4 and 274.4m. Two holes, MA-04-021 and MA-04-022, were drilled at 60o to the zone to test for mineralized cross structures as well as to investigate the continuity of the mineralization. Both holes intersected and confirmed the trend of the mineralization. Hole MA-04-021 intersected the principal mineralised structure midway between holes MA-04-014 and MA-04-015 and returned 3.17 g/t over 0.44m; 5.66 g/t over 0.50m and 3.07 g/t over 0.40m. Hole MA-04-022 intersected the principal mineralised structure midway between holes MA-04-013 and MA-04-014 and returned 6.95 g/t over 1.00m; 6.08 g/t over 2.00m including 10.18 g/t over 0.50m. These mineralized intersections, continuing along strike from the previously reported 350 meter long higher grade core of the Western Zone, demonstrate the extension of the overall mineralized system to the east towards the "55" Zone and to the west along the remaining 3 kilometres of Acrex ground. The mineralized system in the Western Zone has only been tested to a vertical depth of 150 - 190 meters and remains open to depth. Additional testing will be required to determine potential for an enriched plunge controlled component to the mineralization. MINERALIZED ZONES IN THE WESTERN ZONE ZONE A Extensive quartz-feldspar, chlorite veins occurring within carbonatized, silicified and sericitized mineralized wallrock, approximately 6 to 7% finely disseminated pyrite ZONE B Quartz-chlorite-carbonate veinlets and stringers occurring within carbonatized mineralised wallrock with extensive contorted sericitic banding, structurally deformed, approximately 4 to 5% finely disseminated pyrite ZONE C Hematitic and potassic wallrock with occasional quartz-feldspar veinlets and stringers with coarse grained pyrite localized along vein contacts, prominent sericitic banding, approximately 4 to 5% finely disseminated pyrite
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