Ontario Geological Survey
Permanent Link to this Record:
MDI52E10SW00012
Record Name(s) | Tycoon - 1898, Bag Bay - 1898 |
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Related Record Type | Simple |
Related Record(s) | |
Record Status | Occurrence |
Date Created | 1984-Feb-01 |
Date Last Modified | 2022-Mar-02 |
Created By | |
Revised By |
Primary Commodities: Gold
Township or Area: Snowshoe Bay Area
Latitude: 49° 35' 56.12" Longitude: -94° 57' 31.38"
UTM Zone: 15 Easting: 358464.6 Northing: 5495881.28 UTM Datum: NAD83
Resident Geologist District: Kenora
NTS Grid: 52E10SW
Point Location Description: Precise
Location Method: Conversion from MDI
1898: Tycoon Mining and Development Company of Ontario Ltd. staked the claims and drilled 5 DDH. 1899-1901: Shaft was sunk on claim D219 to a depth of 78 feet (23 m). No further mining work was done. 1912: drilling. 1922: Mikado Consolidated was incorporated and optioned the property. 1978 H. Tibbo staked the property. 1979: H. Tibbo and Pancontinental Mining Ltd. drilled 5 DDH totalling 309.5 m. 1981: H. Tibbo formed Tasu Resources Ltd. and completed magnetometer and EM surveys. 1983: Tasu Resources Ltd. drilled 3 DDH totalling 315 m. 1986: Golden Rule Resources Ltd. staked the property. 1988: Golden Rule Resources drilled 1 DDH totalling 151.8 m.
Office File Number | Online Assessment File Identifier | Online Assessment File Directory |
---|---|---|
63.3469 | 52E10SW8558 | 52E10SW8558 |
31 | 52E10SW8520 | 52E10SW8520 |
32 | 52E10SW8519 | 52E10SW8519 |
40 | 52E10SW8310 | 52E10SW8310 |
2.9325 | 52E10SW8575 | 52E10SW8575 |
Province: Superior
Subprovince: Wabigoon
Geological Age: Archean
Rock Type | Rank | Composition | Texture | Relationship | Quartz Diorite | 1 |
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Vein | 2 | Quartz | Host |
Rank | Mineral Name | Class | Economic Mineral Type | Alteration Mineral Type | Alteration Ranking | Alteration Intensity | Alteration Style |
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1 | Pyrite | Economic | Ore | ||||
2 | Chalcopyrite | Economic | Ore | ||||
3 | Pyrrhotite | Economic | Ore |
Jan 15, 2020 (Therese Pettigrew) - A thin, pyritiferous quartz vein is exposed near the shore line west and southwest of the shaft. Chalcopyrite and pyrrhotite have been detected along fractures (Davies and Smith, 1988). 1898 drilling reported extensive widths of quartz veins carrying substantial quantities of gold. The assay results are summarized as follows: "Bore Hole No. One (D221, 190 feet total length, dip 55, bearing WSW), assayed $15.00 gold over 31 feet (true width). Hence at a gold price of $16.43 per Troy ounce, $15.00 represents 0.9 ounces Troy," "Bore Hole No. Two (D219, 176 feet total length, dip 45, bearing WSW) cut 80.5 feet (true width) averaging $27.65, i.e., 1,68 Troy ounces over 80.5 feet", "Bore Hole No. Three, (D219, 129 feet total length, dip 55, bearing WSW), cut 32.0 feet (true width) averaging $8.50, i.e., 0.52 ounces over 32 feet” (Assessment report 52E10SW8520). Assays from the 1979 drill program generally returned results less than 0.04 oz/t (1.37 g/t Au), although DDH 5 did return 0.22 oz/t Au over 3.5 feet (7.54 g/t Au over 1.1 m) and 0.1 oz/t Au over 2.5 feet (3.43 g/t Au over 0.76 m) (Assessment report 52E10SW8520). The Tycoon occurrence is believed to be an extension of the Mikado No. 2 Vein. Diamond drilling results included: DD hole: No. 1 – CL D219 - 1.0 oz. Au/ton over 11 ft. width. No. 2 - 3.75 oz. Au/ton over 19 ft., 3.20 oz. Au/ton over 12.5 ft, No. 3 - 0.37 oz. Au/ton over 26 ft., 0.92 oz. Au/ton over 6.5 ft (Garratt and Beard, 1976).
MonoMap - Geology of the Shoal Lake-Western Peninsula area, District of Kenora
Publication Number: OFR5242 Scale: Date: 1978
Author: Davies J.C.
Publisher Name: Ontario Geological Survey
Location:
Mono - The geological setting of gold occurrences in the Lake of the Woods area
Publication Number: OFR5695 Scale: Date: 1988
Author: Davies J.C., Smith P.M.
Publisher Name: Ontario Geological Survey
Location:
Mono - Gold deposits of the Kenora-Fort Frances area, districts of Kenora and Rainy River
Publication Number: MDC016 Scale: Date: 1976
Author: Beard R.C., Garratt G.L.
Publisher Name: Ontario Division of Mines
Location:
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