WORK HISTORY
Cantex Mine Development Corp was attracted to the area by the Carlin-type gold discoveries in the Rackla Gold Belt. The company carried out a regional reconnaissance heavy mineral sampling program in 2011. Based on results of the program the company staked NR cl 1 - 651 (YF43001) in Aug/2012 following which they collected 52 heavy mineral samples from creeks draining the claim block. During the 2013 exploration program the company carried out property-wide soil-talus and rock sampling and further heavy mineral sampling. The Extension Zone was discovered in 2013 as an extension to the Discovery Zone. In 2014 Cantex collected soil-talus, rock and heavy mineral samples over the property, but none of this work was filed. . In 2015 and 2016, Cantex prospecting in the occurrence area. In the fall the company tested the Extension zone, part of the Massive Sulphide zone, with 8 diamond drill holes. In 2018, the company carried out soil sampling north and northwest of the occurrence and diamond drilling over the occurrence (5 holes, 966.24 m).
GEOLOGY & RESULTS
The North Rackla-Extension occurrence lies in a package of Wernecke Supergroup rocks dominated by Paleprotozoic Gillespie Lake dolostone interbedded with lesser black siltstone, shale and laminated mudstone and minor sandstone of the Quartet Group. Dismembered minor Mesoproterozoic Hart River diorite gabbroic sills and dykes are also mapped in the area (YGS Bedrock Geology, May 2019).
The Extension zone is part of the larger Massive Sulphide Zone and occurs at the southwest end of that zone. Composite sampling of sub-crop carried out in 2016 returned values up to 314 g/t silver, 13.85 % lead, 18.7 % zinc and 1.97 % copper. In the fall of 2016 Cantex tested the Extension zone with 8 diamond drill holes (no footage reported). Seven of the holes were collared from the same site (occurrence location) but tested different azimuths and or inclinations. The eighth hole was collared 87 m to the northeast. All eight holes intersected the oxidized massive sulphide zone that increased in grade and width with depth. The best results were returned from drill hole YKDD-0006 which returned 4.05 m (from 22.95 m) grading 21.1 g/t silver, 2.12 % lead and 1.79 % zinc; 5.7 m (33.0 m) of 137 g/t silver, 2.8 % lead and 0.83 % zinc; and 4.4 m (43.7 m) of 49 g/t silver, 5.35 % lead and 5.99 % zinc.
Analysis of soil and rock geochemical results collected from along the entire Massive Sulphide zone indicates that the most anomalous copper areas correspond with the most anomalous areas of manganese, silver and lead. The highest zinc anomalies accompanied with lead are typically peripheral to the area’s most anomalous in copper, manganese, silver and lead.
REFERENCES
CANTEX MINE DEVELOPMENT CORP. Feb/2017. Assessment Report # 097261 by C. Ulansky and S. Morton.
CANTEX MINE DEVELOPMENT CORP. Feb/2017. Assessment Report # 097019 by C. Ulansky and S. Morton.
CANTEX MINE DEVELOPMENT CORP. Jul/2016. Assessment Report # 096931 by C. Ulansky and A. Koffyberg.
CANTEX MINE DEVELOPMENT CORP. News Release. 16 Feb/2011, 18 Jan/2013, 7 May/2013, 31 Jul/2013, 5 Sep/2013, 3 Oct/2013, 8 Nov/2013, 11 Dec/2013, 23 Jan/2014, 9 Jun/2014, 21 Jul/2014, 26 Aug/2014, 24 Sep/2014, 30 Oct/2014, 14 Nov/2014, 30 Apr/2015, 15 Jun/2015, 18 Aug/2015, 14 Oct/2015, 22 Jan/2016, 25 Jul/2016, 15 Nov/2016, 2 Dec/2016, 7 Apr/2017, 28 Jun/2017.
CANTEX MINE DEVELOPMENT CORP. Oct/2017. Web Site: www.cantex.ca.
CANTEX MINE DEVELOPMENT CORP. Sep/2013. Assessment Report # 096603 by S. Morton.