Jumpers Brook gold project is strategically located adjacent to, and on trend, with Sokoman Minerals Corp.’s Moosehead gold project in the Central Newfoundland Gold Belt. This acquisition is in keeping with C2C Gold’s strategy to evaluate and aggressively advance targets to the drill stage while expanding the currently large, prospective land position.
The Jumpers Brook property is host to three documented mineral showings including the Sugar Mountain gold-arsenic occurrence with up to 3.3 g/t gold in historical rock samples. Sokoman Minerals Corp. is drilling the adjacent gold project (Moosehead) which has intersected several high-grade gold zones, including 11.90 m @ 44.96 g/t gold.1
Jumpers Brook Highlights:
- 100% interest in two mineral licenses (20 claims) including the following highlights:
- Sugar Mountain gold-arsenic showing consisting of coarse arsenopyrite in quartz veins with reported historical values of up to 3.3 g/t gold;
- Jumpers Brook #1 mineral occurrence consisting of pyrite and arsenopyrite veinlets in sandstone;
- Jumpers Brook #2 pyrite-antimony mineral occurrence returning up to 16.6 ppm antimony and 1.1% arsenic in historical rock samples.
- Located 3.7 km SW from Sokomon’s Moosehead Property
- 27 quartz-carbonate and quartz-tourmaline samples collected from outcrop, subcrop, and float (results pending) including previously tested 2.4 g/t gold outcrop
- Underlain by siliciclastic rocks of the Badger Group
- Arkosic sandstone
- Adjacent to the Mt. Peyton Intrusive Suite—locally forms biotite hornfels
- Soil lines proposed to test lineaments parallel to the Moosehead structures
- Ground/Drone geophysics surveys proposed to identify structures
The Jumpers Brook property is covered by two mineral licenses containing 20 claims over 500 hectares (5 km sq). The Trans Canada Highway and secondary roads provide excellent access to the property, which is located four km east of the town of Bishop’s Falls.
The Sugar Mountain gold-arsenic occurrence was discovered by a prospector in 2000 and hosts mineralization in a 2 m wide quartz vein containing abundant coarse arsenopyrite. The vein cuts altered and brecciated mafic rocks of the Silurian Botwood Group.
The Jumpers Brook #1 showing is documented as veinlets of pyrite and arsenopyrite in hornfelsed sandstone.
The Jumpers Brook #2 pyrite-antimony showing is at the thrust contact between Badger and Botwood Group rock units. Mineralization consisting of arsenopyrite with minor pyrite is exposed for 50 m in deformed and brecciated sandstone.
The historical exploration data and analytical results reported in this news release were compiled from publicly available assessment reports and other data filed with the Department of Energy, Industry, and Technology, Government of Newfoundland and Labrador. Neither C2C Gold Corp. or a qualified person has verified the historical sampling, analytical, and test data contained in this news release. The historical rock grab sampling results are selected samples and are not necessarily indicative of the mineralization on the properties. Management cautions that past results or discoveries on properties in proximity to Jumpers Brook may not necessarily be indicative of mineralization on the property.