LOCATION | ONTARIO, CANADA
Val-d'Or Mining Corporation has an option to acquire a 100% interest in the Abitibi Greenstone Belt Prospect consisting of 61 grassroots properties, which includes the Baden Prospect.
This property is located within the Matachewan Gold Camp and consists of four claims in Baden Township that total approximately 256 hectares.
The gold showings on the property occur in quartz veins associated with mineralized syenite porphyry dikes. The showings are located approximately thirteen kilometres north northwest of the gold deposits of the AuRico Young Davidson Mine that occur within a stockwork of quartz veinlets and narrow quartz veins, rarely greater than a few centimetres thick that are within a broader halo of disseminated pyrite and potassic alteration.
Fondewa Gold Mines Limited: No. 2 Vein
In the 1937 the No. 2 Vein or discovery vein on the Baden Prospect was extensively trenched. Four grab samples of quartz from this vein are reported on in dollar values based on gold at $35.00 an ounce. They are listed as follows: $10.50, $3.50, $4.90 and $2.80 (Robson, 1938; KL 2155).
Also in 1937 the No. 2 Vein was cut at shallow depths by seven drill holes along a strike length of 500 feet with the following results (McCannell, 1976 AFRO 63.3327).
- DH 2 (1937) / 0.18 opt Au over 4 feet.
- DH 5 (1937) / 0.07 opt Au over 3 feet.
- DH 6 (1937) / 0.35 opt Au over 1.58 feet.
- DH 7 (1937) / 0.38 opt Au over 4 feet.
- DH 8 (1937) / 0.11 opt Au over 5.25 feet.
- DH 10 (1937) / 0.31 opt Au over 2.5 feet.
Manitou Gold Mines Inc.: No. 7 Vein
In 1976 diamond drilling was carried out on the No. 7 Vein located about 250 metres north northwest of the No. 2 vein. The logs describe the geology as being made up of feldspar porphyry, felsite and andesite. Highly anomalous gold values were encountered over narrow widths in some of the drillholes (McCannell, 1976, AFRO 63.3327).
- DH 4 (1976) / 0.175 opt over 6.0 feet and 0.44 opt Au over 0.6 feet.
- DH 7 (1976) / 2.26 opt Au over 1.6 feet & 0.545 opt Au over 0.6 feet.
- DH 8 (1976) / 3.23 opt Au over 2.0 feet
- DH 10 (1976) /3.79 opt Au over 0.8 feet
The Quilty Showing is located 600 metres southwest of the No. 2 Vein. At this location an old trench exposes white quartz veins containing 1-2 % pyrite cubes up to 5 mm across as well as ankerite veins. The metavolcanic host rock is silicified near the veins (Kresz, 1993; OFR 5874). A channel sample from the trench was said to have assayed 0.45 opt Au (Lovell, 1967; GR 51).
J.E.McVittie (French Vein) Showing
The showing consists of a quartz vein in the contact zone between massive volcanic rocks (possibly tuffs) on the west and syenite porphyry on the east. A grab sample of red syenite porphyry containing quartz stringers gave an assay of 0.14 opt Au. A loose sample of vein quartz containing a small amount of chalcopyrite and pyrite gave an assay of 8.41 opt Au and 9.79 opt Ag (Lovell, 1967; GR51).
In 1973 Ronda Copper Mines Ltd. drilled DDHs 73-01 and 73-02 under the showing. DDH 73-02 intersected 0.475 opt Au over 3 feet (Szetu and Ogden, 1978; AFRO 63.3554).
Golden Valley Mines Ltd.
Prospecting of the No.2 vein by Golden Valley Mines Ltd. in 2013 was successful in collecting many grab samples that were highly anomalous in gold. The four best assay results were 31.90 g/t Au, 15.95 g/t Au, 15.75 g/t Au and 12.12 g/t Au.
Sampling of the Quilty Showing by Golden Valley Mines Ltd. in 2013 returned assay results of 6.66 g/t Au, 2.17 g/t Au and 1.13 g/t Au.
2018 Exploration Program
Val-d'Or Mining Corporation immediate exploration plans include completing a Geological and geophysical compilation with interpretation of mineralized zones (including drillholes); complete grid in-fill over historical No. 2 Vein and establish detailed grids over the historical J.E. McVittie Showing (French Vein) and Quilty Showing at 50m line spacing to conduct Magnetic and Induced Polarization geophysical surveys; Follow-up geological/structural mapping, prospecting and sampling programs; and a geochemical soil survey.
Phase II of the exploration program will consist of a Diamond Drilling (NQ size) program to test coincidental structural, geophysical, geological, geochemical anomalies based on results from the Phase 1 program, as well as on lateral and depth extensions of the known historical mineralized zones.