Golden Triangle – Trapper Lake

The Company has completed a major claim staking program partly adjoining the Thorn Project owned by Brixton Metals Corp. located in the Sutlahine River area of northwestern British Columbia (northern tip of the “Golden Triangle”). The Company owns 100% of this project.

 

Project map

Property Description

The property adjoins the Thorn Project owned by Brixton Metals Corp.  located in the Sutlahine River area of northwestern British Columbia (northern tip of the “Golden Triangle”).  Brixton reported a new drill hole intercept of 1.97 grams per tonne gold equivalent across 554.70 meters including 135.96M of 1.35 g/t Au, 0.31 Cu, 133.62 g/t Ag or 5.00 g/t Aueq including 6M of 3.56% Cu, 3.37 g/t Au, 257.77 g/t Ag.

 

Surges’ staking program acquired an area of 213 sq. km within the regionally important geological and structural trend. A large portion of the new property is adjacent to the Thorn Project with the balance covering prospective open ground containing numerous B.C. Minfile showings withCu, Ag, Au values adjoining the boundaries of the Golden Bear Mine of Chevron Resources, a 480,000 oz Au past producer.

 

In Brixton’s news release dated July 15, 2019 (Brixton News Release) they reported results from drill hole THN19-150, which was drilled to 829.06 metres depth at the Oban diatreme breccia pipe within the Camp Creek copper corridor. Structural mapping and soil-rock geochemistry at the Chivas zone and relogging of select core from the Glenfiddich zone were also conducted. The objective of the program was to test for porphyry mineralization at depth at the Oban zone and to refine the two porphyry targets, Chivas and Camp Creek, for the next round of drilling.

Project Facts

Location:

Total Claims:

Total Area:

Description:

Northwestern British Columbia, Canada

Six (6) Mineral Claims

213 sq. km

  • Five (5) distinct properties are located in the same geological region, 90 km ENE of Juneau, Alaska
  • Nearby the Golden Bear Mine which has produced 480,000 ounces of gold historically
  • The Red Chris mine to the east has produced 2.38 Billion pounds of Copper and 2.7 Million oz. of Gold
  • Properties are accessible by a well maintained road

Downloads

Download

Download

The Surrounding Region

BC’s Golden Triangle Mining Region

British Columbia’s Golden Triangle mining region lies in the wide volcanic belt North American Cordillera and extends from the south near Stewart, British Columbia and heads north to the Alaskan panhandle, another important source of gold and other economically important minerals. With its rich and diverse geology, the Golden Triangle has the potential to host several types of the world’s most profitable deposits including high-grade gold and silver veins, large-scale porphyries and VMS deposits. To date, more than 130 million ounces of Gold (Au), 800 million ounces of Silver (Ag) and 40 billion pounds of Copper (Cu) have been discovered in this region.

During the 19th century, the Golden Triangle experienced three gold rushes, one in each of its points, beginning with the Stikine Gold Rush of 1861. Nearly a thousand prospectors began flocking to the area after Buck Choquette’s discovery of placer gold where the Stikine and Anuk Rivers meet. The Cassiar and Atlin gold rushes would soon follow.

The first official mine, named Premier Gold, began operating in 1918, but it wasn’t until the discovery which resulted in the Eskay Creek and Snip mines in the 1990s that the area became known as BC’s “Golden Triangle”.  First discovered in 1964 by Cominco, between 1991 and 1999 the Snip deposit produced 1.1 million ounces grading an average of 27.5 g/t gold. The Eskay Creek mine was discovered in 1988 by junior companies Stikine Resources and Calpine Resources, and would go on to become Canada’s highest-grade gold mine (49 g/t) and the fifth largest global silver producer, with a total lifetime production of more than 3 million ounces of gold and 160 million ounces of silver.

Golden Triangle experiencing unprecedented exploration activity

Today, a new exploration rush is on in the Golden Triangle. In 2017, according to a recent Association for Mineral Exploration-BC report, 40 percent of total exploration expenditure in British Columbia was spent in the province’s Northwest region, with a significant increase in drilling expenditures (up 138 percent) over 2016. The majority of the CDN$9.8 million in exploration expenditures on primarily silver projects in the province for 2017 occurred in the Golden Triangle.

For gold exploration, about 80 percent of expenditures were concentrated in the South Central and Northwest regions of British Columbia, primarily in the Cariboo gold belt and the Golden Triangle.

New infrastructure upgrades

Three key infrastructure upgrades have occurred recently in the Gold Triangle region, namely improved roads, shipping facilities and electricity generation.

The paving of the Stewart-Cassiar Highway north from Smithers has made accessing the area by road much easier. The completion of a $700 million high-voltage transmission line by the Government of BC now provides a reliable source of energy and has significantly power costs for companies in the region that hitherto were reliant on diesel generators. The opening of ocean port facilities for export of concentrate at Stewart gives companies access to key markets.

Increased collaboration between First Nations, government and industry

The increased collaboration between the First Nations Tahltan and Nisga’a Lisms Government, provincial government and industry in the Golden Triangle within the British Columbia Regional Mining Alliance is another step towards positive mineral development in the region. First Nations’ support through cooperation and benefits agreements is key to advancing projects in the region.

Transaction Details

In 2019, the Company staked an area of 213 sq. km within BC’s Golden Triangle region.

Questions?

We’d be happy to answer any questions about this project.

Click below to submit a form with any query you might have.

Contact Us