Ontario Mineral Inventory

Ontario Geological Survey
Permanent Link to this Record: MDI000000000596

Record: MDI000000000596

General

Mineral Record Identification
Record Name(s) Western zone - 2003, Acrex- Moneta JV - 2003
Related Record Type
Related Record(s)
Record Status Prospect
Date Created 2008-Sep-02
Date Last Modified 2022-Jan-30
Created By
Revised By

Commodities

Primary Commodities: Gold



Location

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



Exploration History

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.


Assessment Work on File

Assessment Work on File
Office File Number Online Assessment File Identifier Online Assessment File Directory
KL-5503 20000000873 20000000873

Geology

Province: Superior

Subprovince: Abitibi

Terrane: Wawa-Abitibi

Belt: Abitibi

Tectonic Assemblage: Timiskaming

Geological Age: Archean  



Mineralization Comments

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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For detailed information regarding this mineral record please contact the Kirkland Lake Resident Geologist District Office