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Margaux Resources Ltd. to Commence Exploration of Its Wilson Creek Property, Part of the Kootenay Arc Zinc District
Calgary, Alberta--(Newsfile Corp. - May 7, 2018) - Margaux Resources Ltd. (TSXV :MRL) (OTCQB: ...
About this update from Cassiar Gold Corp
[{"type":"text","content":"Margaux Resources Ltd. to Commence Exploration of Its Wilson Creek Property, Part of the Kootenay Arc Zinc DistrictCalgary, Alberta--(Newsfile Corp. - May 7, 2018) - Margaux Resources Ltd. (TSXV :MRL) (OTCQB: MARFF) (\"Margaux\" or the \"Company\") is preparing for exploration work on its Wilson Creek property, part of the Company's Kootenay Arc Zinc District in southern B.C.Key HighlightsExploration to target Sedex-style zinc mineralization on the Wilson Creek propertyStrong zinc soil anomaly, approximately 2,500 m x 600 m in size; andSoil anomaly defined by zinc values 1,000 ppm to a maximum of 9,000 ppm zinc.The Wilson Creek property is an early-stage target with potential to host sediment-hosted stratabound zinc-lead-silver mineralization. It is underlain by Ordovician Active Formation black argillite, with a fault-bounded block between the crustal-scale Argillite and Black Bluff thrust faults.Limited historic exploration work (1977-79) in this area was directed at both porphyry molybdenum and tungsten skarn potential. This work, and later soil geochemistry completed in 1997, outlined a strong zinc soil anomaly, approximately 2,500 m x 600 m in size within argillite. The soil anomaly is defined by zinc values exceeding 1,000 ppm. Within this zone of >1,000 ppm zinc in soils, several samples exceeded 5,000 ppm zinc, to a maximum of 9,000 ppm zinc. A 1,000 m x 500 m area, in the west-central portion of the soil anomaly, also contains highly anomalous nickel, vanadium, silver, barium, manganese and cadmium.The soil anomaly can be seen in the figure below.Zinc Soil AnomalyTo view an enhanced version of the Zinc Soil Anomaly, please visit:https://orders.newsfilecorp.com/files/2958/34369_Wilson Creekv3.jpgA conclusion from the 1979 work (by BP Minerals) was that \"the zinc and silver geochemistry returned values so high that they suggest the possibility of a stratabound or replacement lead-zinc-silver deposit in the anomaly area. Further work is recommended to define the source of the anomalies.\" (1)\"The Wilson Creek anomaly is one of the largest and strongest zinc soil anomalies ever defined in the Salmo region, exceeding in size and strength anomalies that are associated with the historic Jersey and HB zinc mines,\" commented Linda Caron, VP Exploration. \"It is a high priority target for Margaux Resources, for exploration ...