Business
Belmont Resources Engages Pioneer Exploration Consultants to Fly UAV Magnetic and Helicopter LIDAR Surveys
VANCOUVER, BC / ACCESSWIRE / August 31, 2020 / Belmont Resources Inc (TSXV:BEA) (Frankfurt:L3L2) ("Belmont"), (or the "Company) is pleased to announce that it h
About this update from Belmont Resources Inc.
[{"type":"text","content":" VANCOUVER, BC / ACCESSWIRE / August 31, 2020 / Belmont Resources Inc (TSXV:BEA) (Frankfurt:L3L2) (\"Belmont\"), (or the \"Company) is pleased to announce that it has engaged Pioneer Exploration Consultants to fly UAV (unmanned aerial vehicle \"drone\") and a helicopter LIDAR survey over its recently acquired Athelstan-Jackpot (\"A-J\") gold project and Come By Chance (\"CBC\") copper-gold project. The properties are situated in the prolific Greenwood mining camp of southern British Columbia. The A-J Gold Property The property shows strong potential to contain a major gold system based on the gold production of the two shallow historic gold mines and more recent sampling of extensive trenches, pits, adits and mine dumps on the property. The property contains two past producing gold mines Athelstan & Jackpot which produced 7,600 ozs Au & 9,000 ozs Ag (Minfile 082ESE047). The two mines and at least 9 known gold mineralized zones extending over an approximate area of 240 by 1,000 metres are associated with listwanite rock. Listwanite (carbonated-serpentinite) is commonly associated with high-grade lode-gold mineralization.The Mother Lode gold district in California (Wittkopp, 1983) and the Abitibi greenstone belt of the Superior Province of Canada (Schandl and Naldrett, 1992) are two of the most well-known examples of listwanite-associated lode-gold in North America. In general, the richest gold grades within these deposits are associated with, or in close proximity to carbonate-altered ultramafic rocks (Listwanite)· (e.g. Ash 2001). Listwanite is also directly associated with several multi-million ounce gold deposits in British Columbia, Atlin, Bralorne and Barkerville. Listwanite and Serpentinite The formation of listwanite rocks requires a precursor body of serpentinite before this particular style of alteration can evolve. Bohlke and Kistler (1986) noted that mineralized quartz veins in the California Mother Lode deposits show a spatial association with serpentinite bodies and that the largest concentrations of free gold occur at or near the intersection of veins with the carbonatized ultramafic rocks (listwanite). The A-J property contains a large mass of serpentinite and listwanite situated along the Jackpot fault. View A-J Geology Map Listwanite and Faults Listwanite zones form along major faults which act as pathway...