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Summary
The Manson Creek property consists of three mineral claims located seven kilometres northwest of the village of Manson Creek in north-central British Columbia. The region is well known for its placer gold production and the property has been explored by several senior and junior exploration companies since 1972. Viceroy staked the QCM 1 and 2 claims in April 2002. The Corporation staked QCM 3 in August 2004. All three claims were converted to the new "cell" variety staked on-line using the B C government's new "Mineral Titles Online" system in March, 2005.
The 2004 drill program at the Manson Creek property was completed in early October. Five NQ holes totaling 1,190 meters were drilled to test a broad soil and rock gold geochemical anomaly and partly coincident IP chargeability anomaly. These anomalies occur within strongly pyritic, carbonate-altered and quartz-veined greywackes, which crop out over a large area. These anomalies had been drill tested by Anaconda in 1983 with encouraging results (Hole 83-14 intersected 76.2 metres grading 1.21 g/t gold). The anomalies occur within strongly pyritic, carbonate-altered and quartz-veined greywackes, which outcrop over a large area.
The primary target at Manson Creek is a large, low-grade gold system. In this regard, holes 04-002, 003 and 005, which were drilled about 100 metres apart, are very encouraging in that they intersected wide intervals with grades approaching one gram per tonne gold (110.95 metres grading 0.658 g/t gold, 141.0 metres grading 0.783 g/t gold and 187.5 metres grading 0.447 g/t gold respectively). An unexpected bonanza grade intercept occurs in drill hole 04-002, which intersected 1.5 metres grading 173 g/t gold at a down-hole depth of 63.00 metres.
The geology is similar to the Spanish Mountain property being explored by Skygold Ventures and Wildrose Resources. The Manson Creek Property is located in one of British Columbia's oldest placer gold camps, the source of which could be the Company's Property. The Company has a 100% working interest in the Property.
The 2005 drill program, completed in October, consisted of 1,802 metres in nine NQ holes. The gold zone was extended to about 500 metres in a NW-SE direction and remains open in either direction along strike. Eight of the nine holes intersected mineralisation grading in the vicinity of 0.5 g/t gold with limited intervals grading above 1.0 g/t gold. Hole 05-006 graded 0.54 g/t Au over 79.24 metres, including 0.79 g/t Au over 12.19 metres and 1.05 g/t Au over 15.24 metres. Hole 05-007 graded 0.58 g/t gold over 137.16 metres, including 0.78 g/t gold over 25.90 metres and 0.70 g/t Au over 21.33 metres.
In 2006 the Company completed a drill program of 1,529 meters in eight NQ holes (QCM-06-015 to 022) drilled on the main QCM gold zone and on several reconnaissance targets defined by geophysics.
Three holes (674 m) were drilled to intercept the south-west extension of the QCM Zone, a strongly pyritic, carbonate-altered and quartz-veined body exposed over an area of at least 600 x 200 meters. The zone is interpreted to be slab-like in shape with a gentle (30°) SW dip and thickness of about 40 meters or so. The mineralized zone coincides broadly with a well developed gold soil anomaly, strong resistivity anomaly and weak-to-moderate chargeability anomaly. Significant gold assays are listed in the table below. All gold assays were carried out by Atomic Absoption Spectrography (AAS) at ALS Chemex, North Vancouver.
QCM Zone Gold Intercepts
| Drill Hole |
Azimuth/Incl |
Depth (m) |
Interval (m) |
Width (m) |
Gold g/t |
| |
|
|
|
|
|
| 06-015 |
063°/-70° |
288.65 |
165.20-183.49 |
18.29 |
0.60 |
| |
|
and |
206.34-215.48 |
9.14 |
0.29 |
| |
|
and |
221.58-241.39 |
19.81 |
0.34 |
| 06-016 |
060°/-60° |
209.40 |
151.48-160.62 |
9.14 |
0.36 |
| |
|
and |
198.72-203.29 |
4.57 |
0.45 |
| 06-022 |
060°/-70° |
276.45 |
101.19-102.72 |
1.53 |
84.60 |
| |
|
and |
185.01-261.21 |
76.20 |
0.39 |
As in previous QCM drill programs, significant "nugget" effects were experienced by the assay lab with high AAS assays of 84.60 g/t Au over 1.53 meters and 5.39 g/t Au over 1.53 meters in QCM-022. Elsewhere in that hole, one sample with an initial assay of 1.19 g/t Au re-assayed as high as 3.96 g/t Au in a repeat sample. Furthermore, visible gold was noted in QCM-015 although the relevant 1.52-meter core interval graded only 0.22 g/t Au. To this point, the Company has not carried out metallic-screen assays on any 2006 sample strings containing high and/or erratic AAS gold assays.
Drill holes QCM-06-017 to 021 were targeted principally on resistivity anomalies 1,000-2,500 meters north and east of the main QCM gold zone. Significant carbonate-altered rocks were encountered locally, not uncommonly associated with pyrite but gold assays were uniformly very low.
The primary target at Manson Creek is a large, low-grade gold system. The gold zone is interpreted as a shallow dipping, sheet-like body inclined about 25° to the southwest.
QCM Showing Drill Results |
Manson Creek 2006 Drill Locations |
Manson Creek Historic Mining Area |
Soil Sample (4 g/t Au) |
In the fall of 2007 the Company completed a diamond-drill program consisting of 2,011 meters in nine NQ holes (QCM-07-023 to 031) drilled on the main QCM gold zone (1,378 m) and on two reconnaissance targets (633 m) defined by soil geochemistry and ground geophysics. The program was supervised by Equity Engineering Ltd., a geological contracting company based in Vancouver, British Columbia.
Five holes (QCM-07-023 to 025 & 027 to 028) were drilled to test the south-west and south-east extensions of the QCM Zone, a strongly pyritic, carbonate-altered and quartz-veined body extending over an area of some 750 x 400 meters. The zone is interpreted to be slab-like in shape with a gentle (30°) SW dip and thickness of 40 meters or more. The mineralized zone coincides broadly with a well developed gold soil anomaly, strong resistivity anomaly and weak-to-moderate chargeability anomaly. Encouraging broad intervals such as 141 metres grading 0.78 g/t gold in hole 04-003 have been intersected in previous drilling by the Company. The best intercept encountered in the 2007 program was 96.0 metres grading 0.51 g/t gold in hole 07-028.
Four reconnaissance holes (QCM-07-026 & 029 to 031) tested weak to strong gold soil anomalies (+/-coincident resistivity highs) several hundred meters south-east and east of the QCM Zone. These holes did not intersect any significant gold-bearing intervals.
Drill-hole statistics and selected gold intersections are listed in the table below.
QCM Zone Gold Intercepts
Drill Hole |
Azimuth/Angle |
Depth (m) |
Interval (m) |
Width (m) |
Gold g/t |
07-023 |
060°/-65° |
316 |
Very Scattered Low-grade Assays |
07-024A |
060°/-65° |
56 |
No Significant Intercepts (Hole lost) |
07-024B |
060°/-65° |
252 |
200.25-252.07 |
51.82 |
0.23 |
incl. |
|
|
236.83-242.93 |
6.10 |
0.48 |
07-025 |
240°/-75° |
249 |
87.48-226.16 |
138.68 |
0.27 |
incl. |
|
. |
87.48-114.50 |
27.02 |
0.71 |
07-027 |
240°/-75° |
252 |
17.94-169.77 |
151.83 |
0.25 |
incl. |
|
|
47.85-67.68 |
19.83 |
0.51 |
and incl. |
|
|
151.49-169.77 |
18.28 |
0.49 |
07-028 |
240°/-75° |
252 |
40.23-136.25 |
96.02 |
0.53 |
incl. |
|
|
55.47-63.09 |
7.62 |
1.09 |
and incl. |
|
|
85.95-121.01 |
35.06 |
0.77 |
incl. |
|
|
95.09-107.29 |
12.20 |
1.13 |
The intervals listed above are for core lengths assayed and may not represent true widths. Relatively minor "nugget" effects were experienced by the assay lab for QCM drill holes 025, 027 and 028. The largest discrepancy between duplicate assays was in QCM07-028, where one original 1.52-meter sample assayed 1.83 g/t Au versus the repeat assay of 4.15 g/t Au.
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