Ontario Geological Survey
Permanent Link to this Record:
MDI31M05SE00026
| Record Name(s) | Victory Silver Mining Company - 1921, Silver Banner Mine - 1947, Coballoy Mines and Refiners Ltd. - 1957, Consolidated Silver Banner Mines Ltd. - 1950, Amerigo Silver Mines Ltd. - 1963, J.J. Gray - 1980 |
|---|---|
| Related Record Type | Partial |
| Related Record(s) | |
| Record Status | Developed Prospect Without Reported Reserves or Resources |
| Date Created | 1980-Sep-29 |
| Date Last Modified | 2023-Aug-23 |
| Created By | |
| Revised By |
Primary Commodities: Cobalt, Silver
Secondary Commodities: Copper, Lead, Nickel, Zinc
Township or Area: Coleman
Latitude: 47° 21' 2.93" Longitude: -79° 38' 34.12"
UTM Zone: 17 Easting: 602503 Northing: 5245043 UTM Datum: NAD83
Resident Geologist District: Kirkland Lake
NTS Grid: 31M05SE
Point Location Description: Victory Shaft
Location Method: AMIS Site Visit
1908-1927: Victory Silver Mining Company – property acquired; patents acquired.; surface exploration and development; shaft sunk to 447 ft. with 4 levels. 1956: L.J. Cunningham – report on Silver Banner Mine; 1950-1952; Consolidated Silver Banner Mines Limited – underground development and diamond drilling. 1954-58: Silver Crater Mines Limited – exploration and development
Province: Southern
Subprovince: Cobalt Basin
Supergroup: Huronian Supergroup
Formation Group: Cobalt Group
Geological Age: Paleoproterozoic
| Rock Type | Rank | Composition | Texture | Relationship | Diabase | 1 | Diabase | Keeweenawan | Hanging Wall |
|---|---|---|---|---|
| Diabase | 2 | Diabase | Nipissing | Hanging Wall |
| Sandstone | 3 | Greywacke | Hanging Wall | |
| Mafic lava flow-unsubdivided | 4 | Basalt | Adjacent |
Aug 01, 2017 (A Wilson) - Northwest striking Keewatin volcanics, cut by Haileyburian lamprophyre dikes are intruded by Nipissing diabase sill; in the southeast portion of the property, they are also intruded by Lorrain granite whose contact strikes NNE. Several north-west and two north-northeast trending faults cross the property. The arcuate north-west striking and east dipping Victory Fault is the most important. Two vein systems occur: north and north-west in strike. The cobalt-silver mineralization which approaches ore-grade is restricted to the Upper Nipissing-Keewatin contact.
| Rank | Mineral Name | Class | Economic Mineral Type | Alteration Mineral Type | Alteration Ranking | Alteration Intensity | Alteration Style |
|---|---|---|---|---|---|---|---|
| 2 | Silver | Economic | Ore | ||||
| 3 | Chalcopyrite | Economic | Gangue | ||||
| 4 | Galena | Economic | Gangue | ||||
| 5 | Sphalerite | Economic | Gangue | ||||
| 6 | Pyrrhotite | Economic | Gangue |
Aug 01, 2017 (A Wilson) - Chalcopyrite, pyrrhotite sphalerite and galena occur as disseminated sulphides in Keewatin volcanics.
| Rank | Classification |
|---|---|
| 1 | Vein (Cobalt-Type) |
| Zone | Year | Category | Tonnes | Reference | Comments | Commodities |
|---|---|---|---|---|---|---|
| Silver Banner | 1956 | Probable | 9000 | underground reserves 9000 tonnes grading 0.5% Co and 10 oz. Ag/t. | An additional 200 tons of ore of similar grade are stockpiled on surface at the Silver Banner Property | Cobalt 0.5 %, Silver 10 oz/T |
| Year | Tonnes | Commodities | Reference | Comment |
|---|---|---|---|---|
| 1964 | 1 |
Silver 48201 Ounces Copper 412 Pounds |
Silver Cobalt Calcite Vein Deposits of Ontario p.122-123 | 1926-1927: 6500 oz. Ag shipped; 1927-58: 40,000 oz. 1964: 1701 oz. Ag. 1964: 412 lbs. Cu. 1956: 1400 tons treated at Mensilvo Mill. |
File - Resident Geologist files CO-0775, CO-0840
Publication Number: Date:
Author:
Publisher Name:
Location: Kirkland Lake RGP office
Mono - Silver cobalt calcite vein deposits of Ontario
Publication Number: MDC010 Page: 84-86, 122-123 Date: 1968
Author: Sergiades A.O.
Publisher Name: Ontario Dept. of Mines
Location:
Mono - Preliminary report on parts of Coleman Township, concession 3, lots 1 to 3, and Gillies Limit, blocks 1 and 2; claims A 48 to 58 and A 88 to 100, District of Timiskaming
Publication Number: PR1961-07 Date: 1998
Author: Thomson R.
Publisher Name: Ontario Dept. of Mines
Location:
Map - Cobalt silver area, southeastern sheet, Timiskaming District
Publication Number: M2052 Scale: 1:12,000 Date: 1997
Author: Thomson R.
Publisher Name: Ontario Dept. of Mines
Location:
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