Business

Victory Resources Stakes New Tahlo Lake Property in British Columbia’s Babine Copper-Gold Porphyry District

British Columbia's Babine Copper-Gold Porphyry District contains American Eagle Gold Corp.'s (TSXV: AE)'s NAK property, the Morrison deposit and the historical

articleMaverick Gold And Silver CorporationNovember 15, 20223/company/maverick-gold-and-silver-corporation/news/victory-resources-stakes-new-tahlo-lake-property-in-british-columbias-babine-copper-gold-porphyry-district
Victory Resources Stakes New Tahlo Lake Property in British Columbia’s Babine Copper-Gold Porphyry District

About this update from Maverick Gold And Silver Corporation

[{"type":"text","content":" British Columbia's Babine Copper-Gold Porphyry District contains American Eagle Gold Corp.'s (TSXV: AE)'s NAK property, the Morrison deposit and the historical Bell & Granisle mines The 735-hectare Tahlo Lake Property is adjacent to the same NNW trending fault as the Morrison deposit and underlain by Jurassic Hazelton Group rocks The property overlies a significant NNW trending magnetometer high within the Hazelton Group rocks, suggesting the presence of intrusives VANCOUVER, BC / ACCESSWIRE / November 15, 2022 / Victory Resources Corporation (CSE:VR) (FWB:VR61) (OTC PINK:VRCFF) (\"Victory\" or the \"Company\") is pleased to announce that the Company has staked the Tahlo Lake Property in British Columbia's prolific Babine Copper-Gold Porphyry District. The Tahlo Lake Property currently consists of 735 hectares 11 km NW of the NAK Property and 19 km NW of the Morrison Deposit. It is adjacent to the same NNW trending fault as the Morrison deposit and underlain by Jurassic Hazelton Group rocks. Babine porphyry deposits, such as NAK, Morrison, Bell and Granisle, are hosted by Jurassic strata and associated with major NNW trending faults. The property overlies a significant NNW trending magnetometer high within the Hazelton Group rocks. Porphyry Cu-Au mineralization in the Babine camp is often associated with mag highs. Tahlo Lake Property Highlights 735-hectare property lies within the Babine Copper-Gold Porphyry District that contains American Eagle's NAK Property (TSXV: AE) A regional geochemical survey silt sample in the center of the property returned over the 96th percentile for Cu and over the 98th percentile for Zn. Surrounding RGS samples form a cluster of elevated Cu and Zn values Noranda reported a linear soil anomaly approximately 50 m x 500 m, trending NNW, with Cu values ranging from 60 to 720 ppm Cu to the southwest of the area drained by the highly anomalous silt sample site. Noranda never followed up on the anomaly and no work has been reported since A regional till sample taken about half a kilometer east of the soil anomaly returned elevated Cu and highly anomalous Zn (>98th percentile). A till sample about 2 km down ice from this site, at the southern edge of the property, returned over the 95th percentile for Au. Another till sample site about 3 km down ice from the property returned 49 ppb Au, which is o...

More updates from Maverick Gold And Silver Corporation