Detailed Summary Report

Assessment Report: 17503

Property Name Yellow Giant
17503.pdf
Location
NAD 83
53° 21' 59.00'' N, 130° 09' 51.00'' W
53.366389, -130.164167
UTM: Easting 422537, Northing 5913661, Zone 9 (North)
NAD 27
53° 21' 59.53'' N, 130° 09' 45.62'' W
53.366535, -130.162672
UTM: Easting 422634, Northing 5913459, Zone 9 (North)
NTS 103G08E
BCGS 103G040
Mining Divisions Skeena
Mining Camp Banks Island Area
Title Report on the Tel Deposit on the Yellow Giant Project
Report Year 1988
Number of Pages 172
Statements of Work n/a
Affidavit Date 1988-06-15
Off Confidential 1989-06-15
Claims Yellow Giant 3-4
General Work Categories Drilling, Geological, Physical
Operators Trader Resources
Owners Falconbridge
Trader Mines Ltd.
Authors Vulimiri, Mohan R.
Crawford, S.A.
MINFILE Nos 103G 026
Commodities Gold, Silver
Work Done
Drilling Diamond surface 71 hole(s); HQ; 8018.7 m; No. of maps: 30; Scale(s): 1:500
Geochemical Sampling/assaying 596 sample(s)
Elements Analyzed For Silver, Arsenic, Gold, Copper, Lead, Zinc
Geological Geological 400.0 ha; No. of maps: 1; Scale(s): 1:2500
Keywords
Related Report(s) 5862
File(s) 17503.pdf
Geological Summary
Gold mineralization is contained in a banded quartz-polymetallic sulphide vein emplaced in an east-west trending fault. Rock formations hosting the vein are isoclinally folded metasediments of probable Pennsylvanian age which have been intruded by Cretaceous quartz diorite and diorite dykes. A total of 8018.7 metres (26 308 feet) of diamond drilling in 71 holes was carried out on the Tell deposit. In addition, geological mapping was done and a cat road was constructed at Doug Lake. Probably geological reserves outlined by the 1987 drill holes are 95 716 tonnes with a grade of 14.30 grams gold per tonne (105 479 short tonnes averaging 0.417 ounces per tonne).