To date reconnaissance soil geochemical sampling by Taku has identified an anomalous gold-in-soil zone that extends over a known length of 1.6 kilometres southwest along a ridge. Gold values within the zone range from trace to 259 ppb Au with elevated arsenic values up to 1,682 ppm As.
The zone occurs on the south boundary of the McQ property adjacent to Golden Predator Mining Corp.’s Gold Dome property where exploration drilling has intercepted significant gold mineralization at the Tom, Swede, Hawthorne, Harvey, and Aorta Zones2. In addition, the McQ property lies roughly 30 kilometres southwest of Victoria Gold Corp.’s Eagle Gold project which has stated National Instrument 43-101 compliant Probable Mineral Reserves of 91,600,000 tonnes grading 0.78 grams per tonne gold containing 2,300,768 ounces of gold3. Based on the positive exploration results obtained, Taku staked 100 additional mineral claims in 2017, and intends to complete more detailed exploration work in 2018.
On August 21, 2017 Victoria Gold announced the start of the $40 Million Phase 1 Eagle Gold Mine construction program4.
- Hart, C.J.R., 2005. Classifying, Distinguishing and Exploring for Intrusion-Related Gold Systems. The Gangue: Geological Association of Canada, Mineral Deposits Division Newsletter 87
- goldenpredator.com, consulted September 7, 2017
- Victoria Gold Corp. – Technical Report, Eagle Gold Project, Yukon dated May 29, 2015
- Victoria Gold Corp. – News Release dated August 21, 2017