URZ3 Energy Corp. · TSXV:URZ

URZ3 Energy — Nevada Exploration — IMDEX Xploration Tech Symposium 2020

17 slides from URZ3 Energy's conference presentation, January 2020

  1. Slide 1: An integrated, mineral systems approach to generating & advancing blind Carlin-type gold projects

    An integrated, mineral systems approach to generating & advancing blind Carlin-type gold projects. PRESENTED BY Simon Griffiths Senior Technical Advisor / Nevada Exploration Inc.

  2. Slide 2: Talk Outline

    Talk Outline • What is the “Mineral System” approach? – The Carlin Type Deposit Mineral System • Exploration program design & execution – Regional Scale – Camp Scale Program – Prospect Scale Program • Results – South Grass Valley model & 2020 program – Wrap-Up /2

  3. Slide 3: What is the "Mineral System" approach?

    What is the “Mineral System” approach?

  4. Slide 4: What is the "Mineral System" approach?

    What is the “Mineral System” approach? • Mineral systems are complex & dynamic • Process based exploration concept: – Scale of features depends on scale of relevant geological process to be tested CRITICAL ELEMENTS Fertility Geodynamics Architecture Depositional Process Host structure dilational Pro

  5. Slide 5: The Carlin Type Deposit Mineral System

    The Carlin Type Deposit Mineral System • Regional scale footprint: – Narrows search space for mineral districts – Enables us to recognize common controls From Muntean, 2018. /5

  6. Slide 6: The Carlin Type Deposit Mineral System – Camp scale

    The Carlin Type Deposit Mineral System Northern Carlin Trend Camp scale features: (Au deposits shown in yellow) – Endowment: many known Au deposits – Tectonic stress Little Boulder switch: inversion of Goldstrike Stock Basin Stock pre-Eocene normal faluts (Muntean, 2018) – Major heterogeneity: Boots

  7. Slide 7: The Carlin Type Deposit Mineral System – Prospect scale

    The Carlin Type Deposit Mineral System • Prospect scale characteristics: – Understanding of ore deposition processes allows target area ranking – Challenge is bias - data rich/data poor areas From Muntean, 2018. /7

  8. Slide 8: Exploration program design & execution

    Exploration program design & execution

  9. Slide 9: Regional Scale Program

    Regional Scale Program • Public domain literature / data review – Geological, geochemical & geochronology – Re-process geophysics (magnetics, gravity) • Extensive hydro- geochemistry program • Ranked list of new camps under cover /9

  10. Slide 10: Camp Scale Program Design

    Camp Scale Program Design • Reconnaissance Goodwin Butte mapping / sampling • Geophysics Lower Plate • Soil & water Window Mag. Lineament geochemistry Roberts Mountains Thrust (fault?) • Geochronology • Core drilling Goodwin Butte Source: USGS / 10

  11. Slide 11: Camp Scale Program Execution

    Camp Scale Program Execution Approx. size of Cortez Multi stage, iterative process: Hills Au Footprint (for scale) GOLD IN GROUNDWATER Geophysics Mapping Data Analysis Geochemistry Drilling MERCURY IN SOIL + AIR MAG / 11

  12. Slide 12: Prospect Scale Program

    Prospect Scale Program Key features to test at Major Geologic Units this scale include: – Host structure dilational / pipe-like rock volumes (fold axes/hinges). – Favorable host sequence. / 12

  13. Slide 13: Results

    XPLORATION£ SYMPOSIUM Results #xplorationtech

  14. Slide 14: Results – Camp Scale

    Results – Camp Scale • New camp identified, similar in size to the Carlin-North Carlin Trend Geology Synthesis Gravity Gold in Groundwater Initial 11 Core Tv Holes Jgr Upper Plate Tv 1km N 1km N 1km N From www.nevadaexploration.com / 14

  15. Slide 15: Results – Prospect Scale

    Results – Prospect Scale • High ranking targets – Silicified breccia – Hg-As-Sb-Tl – Decalcification, illite, isotopic depletion From www.nevadaexploration.com / 15

  16. Slide 16: Wrap-Up

    Wrap-Up • Sustained, disciplined application of Mineral System approach • Resulted in significant technical success • Watch this space for 2020 results / 16

  17. Slide 17: Questions

    Questions FOR MORE INFORMATION Simon Griffiths +44 737 817 1590 / simon.griffiths@3pxs.co.uk

Nevada Exploration — IMDEX Xploration Tech Symposium 2020 on 6ix