Troy Project
The Troy Property consists of some 1653 hectares located in the easternmost portion of the Batchawana Greenstone Belt which hosts the major gold deposits located at Kirkland Lake, Timmins and Val d'Or. The property is accessible from Chapleau by a combination of logging and paved roads. Gold was initially found on the property in 1999 by prospectors with grab samples returning gold values up to 19 g/t. Limited exploration since that time has revealed five mineralized zones along a five kilometre length of sheared and altered volcanics hosting sulphide bearing quartz veins and mafic flows peripheral to the veins. The property is well overburden covered but surface sampling of the zones has returned significant gold values ranging from 5.807 g/t to 0.337 g/t gold from grab and chip sampling. A property wide airborne geophysical survey outlined a 3.4 kilometre long trend of EM conductors, which suggested that the zones extended beyond the known limits. In 2004 NDT Ventures completed a program which consisted of geochemical and geophysical surveying, geological mapping, sampling and backhoe trenching. At the Troy Zone, sampling returned anomalous gold values within highly sheared and quartz veined andesites. The shear zones host 1-5% pyrite and minor chalcopyrite as disseminations and in quartz veins. These shears vary in width from 3 to 20 metres over a 400 metre strike length and extend in both directions under overburden. Assays from channel samples returned anomalous gold values throughout the sheared andesites with values of up to 1.725 grams gold per tonne over a one metre width. The exposed target area is associated with a much larger linear magnetic high and several electromagnetic conductors that remain to be further tested. The Road Zone, located 1500 metres to the north of the Troy Zone, hosts multiple andesite shears within a 100 x 1600 metre exposed area that is also open along strike. Individual shears within the zone are up to 10 metres in width and contain up to 15% disseminated pyrite along with minor chalcopyrite in veins and wall rock. Channel sampling returned encouraging values including samples assaying 4.83 grams gold per tonne over one metre and 2.56 grams gold per tonne over 1.2 metres. The East Zone, 1500 metres east of the Road Zone, consists of a series of narrow quartz sulphide veins within andesite. Individual veins have been traced for up to 30 metres along strike with widths variable to one metre. Channel sampling returned anomalous gold values up to 0.556 grams gold per tonne over 1.1 metres. | |