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Jasper Mining Corporation announces airborne geophysical results from Storm King property
Jasper Mining Corporation announces airborne geophysical results from Storm King property.
About this update from Tuktu Resources Ltd
[{"type":"text","content":"\n\n\n\n\nTrading Symbol: JSP (TSX-V)\n\nCALGARY, Sept. 6 /CNW/ - Jasper Mining Corporation (the \"Company\") is\npleased to announce it has received preliminary results from an Aeroquest\nInternational (\"Aeroquest\") airborne geophysical program on its 100% owned\nStorm King property, located approximately 50 km west of Cranbrook, BC and\napproximately 15 km east of Kootenay Lake. The property consists of four\nmineral tenures, comprising a total of approximately 986 ha (2,436 acres).\nThe property is located at the northeasternmost exposure of the\nCretaceous Mt. Skelly Pluton, correlated to the Bayonne Magmatic Suite (BMS).\nSince 1999, a number of studies have been completed by the BC Geological\nSurvey Branch pertaining to the BMS, which is interpreted to have potential\nfor intrusion-related gold deposits analogous to the Tintina Gold Belt in the\nYukon and Alaska. Several of these studies emphasized the potential of the Mt.\nSkelly Pluton. The Storm King property was acquired to cover the Copper King\n(082FNE065) and Storm King (082FSE008) MINFILE occurrences. Review of MINFILE\ndescriptions and limited information from available Assessment Reports\ndescribe a swarm of quartz veins up to 50 feet (15 m) thick associated with\nthe northern contact of the Mt. Skelly Pluton. A number of shafts and adits\nhave been described from previous historical work on Crown Grants in the area.\nMineralization has been documented in association with these previous\nworkings. \"A shaft was sunk on mineralized quartz; the dump contains a small\npile of sorted ore heavily mineralized with pyrite, tetrahedrite, galena, and\na little chalcopyrite and arsenopyrite. A selected sample rich in galena and\ntetrahedrite analysed 0.31 per cent tin; recent samples of such material\nyielded assays of up to 4.5 grams per tonne gold and 310 grams per tonne\nsilver ...\" (MINFILE 082FSE008). One of the Assessment Reports documents\nseveral grab samples which reportedly returned up to 1.9% copper. In addition,\nmolybdenite, scheelite and stibnite have been described from the property,\ninterpreted to occur in concentric zones hosted by hornfelsed sediments in the\nmetamorphic aureole of the intrusion.\nAn Aeroquest airborne geophysical survey was recently completed on the\nStorm King property and the Company is in receipt of the preliminary data,\ncompris...