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Yukon - Tintina Gold Belt
Airstrip, Yukon Project
Target
Epithermal Gold-Silver Veins, Cu-Mo Porphyry
Introduction
The Airstrip Property consists of 32 claims covering ~668 ha and is located ~81 km northwest of Carmacks, in the Yukon Territory. It is located within the Dawson Range, a well mineralized sub-camp of the productive Tintina Gold Belt which hosts several major deposits including Donlin Creek, Pogo, Fort Knox, Keno Hill, Casino and the recently discovered White Gold deposit.
The property is situated within the Mt. Nansen gold camp which hosts several Au-Ag Epithermal vein occurrences as well as the past producing Mt. Nansen gold mine. The property is located ~20 km northwest and along strike with the Nucleus Deposit (Northern Freegold Resources Ltd.) with a NI 43-101 Inferred Resource of 1,082,000 contained oz. of gold (67.57 million tonnes @ 0.50 g/t gold).
Golden Predator has signed an option agreement with ATAC Resources Ltd. to acquire 100% interest in the Eureka Property subject to underlying royalties.
Geology
The Airstrip Property covers the contact between the Mid-Cretaceous (109Ma) Mt. Nansen felsic volcanic and intrusive suite and Paleozoic metasediments of the Yukon Metamorphic Complex consisting of quartzites, muscovite schists with minor metavolcanic rocks. The south part of the property is underlain by a large Jurassic granodiorite, diorite, and syenite intusion.
The property lies just south of the northwest striking Big Creek fault at the northern end of a 1-3 km wide, northwest striking, Mid-Cretaceous intrusive complex that extends from Freegold Mountain to Prospector Mountain. This intrusive complex consists of felsic coarse-grained equigranular stocks to porphyry dykes and intrusive breccias with rare flows and tuffs.
A belt of precious metal bearing veins and porphyry copper-gold prospects, associated with the Cretaceous age, subvolcanic quartz-feldspar porphyry intrusions, extends south easterly from the Casino deposit for 100 km along the Big Creek Fault.
The Airstrip Property is approximately 2km northwest and along strike with the Cash Deposit (Yukon Minfile 115I 037), a Cu-Mo porphyry style deposit with the best intersection of 0.28% Cu and 0.054% Mo over 79 m.
Historical Work
Very little work has been completed on the Airstrip Property since it was staked in 2009 by Strategic Metals Ltd. to cover a portion of a bulldozer trail which uncovered several mineralized boulders similar to nearby porphyry copper mineralization.
Immediately south of the Airstrip Property, in a geologically similar setting, work carried out in the 1970s outlined a 3000 x 900 m area of Cu-Mo-Au porphyry style mineralization associated with the Mt. Nansen Group feldspar porphyry dykes and plugs.
Geochemical sampling carried out in the 1980s outlined several areas of gold and gold-arsenic soil anomalies and trenching reviled these anomalies were related to fault structures peripheral to the porphyry style mineralization. A sample of arsenopyrite float found in the area during the construction of the Airstrip in 1975 assayed 68 g/t Au, 710 g/t Ag, 12.9% Pb, 6.5% Zn, 0.2% Cu, and 2.9% Sb.
Current Program
Golden Predator is currently compiling all historical geological data for the Airstrip Project, and will uses this data to plan future work programs for this property.
Disclaimer
Technical information for the Airstrip Property has been reviewed by Gilles R. Dessureau, M.Sc. P.Geo, a Qualified Person for the purposes of National Instrument 43-101.
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Yukon
Yukon - Tintina Gold Belt
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