Pavey Ark 2 page handout for PDAC 2016
Transcription
Pavey Ark 2 page handout for PDAC 2016
PAVEY ARK MINERALS INC. March 2016 A Privately Owned Exploration Project Generator Pavey Ark Minerals Inc. Exploration Projects Pavey Ark Minerals Inc. An Exploration Project Generator in Eastern & Central Canada Pavey Ark Minerals Inc, a private Ontario company, acquires and advances mineral projects with significant potential for discovery and resource expansion • Puskuta Gold Project, Hearst, Ontario, exploration for high-grade, bulk tonnage, Hemlo-type gold deposits on regional fault zone, 150 km NE of Hemlo Mines • Chrome-Puddy Nickel-PGM-Cr Project, Thunder Bay, Ontario, bulk tonnage Fe oxide-Ni-PGM mineralization, CuNi-PGM sulphides, and the past-producing Chrome Lake mine, 85 km north of Lac des Iles Palladium Mine • Great Burnt Copper Project, central Newfoundland VMS base metal belt, high-grade copper resource, 40 km SE of Duck Pond Cu-Zn Mine, NI 43-101 technical report and resource estimate, Spruce Ridge Resources (TSXV:SHL) acquiring property for cash and shares • Neilberg and Manitou oil and gas leases in the Mannville oil play, 45 km SE of Lloydminster, SK Our properties are available for option/joint venture. Select properties are available with NI 43-101 Technical Reports. Pavey Ark evaluates accessible, advanced precious and base metal properties in North America with historical drill data for potential acquisition. Contact: [email protected] Website: www.paveyarkminerals.com Puskuta Gold Project, Ontario: Finding the Next Hemlo Pavey Ark’s Puskuta Gold Project Timmins Gold Camp 70 M oz Hemlo Gold Camp 20 M oz Wawa- Renabie Gold Camp Borden Gold Deposit 5 M oz Kirkland Lk Gold Camp 40 M oz Discovery Focus - Initial Resource Estimate in Progress Exploration for large high-grade, bulk-tonnage gold deposits on regional fault zones Properties totalling over 4,688 ha covering over 30 km of strike length of Puskuta fault zone with numerous gold occurrences including high-grade showings and bulk tonnage mineralization Well-defined exploration model, under-explored target, road accessible property, low holding costs Developing NI 43-101 initial resource estimate on McKinnon Property from historical Falconbridge drilling Puskuta Project strategically located on the Puskuta fault zone, a gold mineralized structure linking Hemlo and Timmins PAVEY ARK MINERALS INC. Puskuta Gold Project - Shear Hosted Gold Mineralization on a Regional Fault McKinnon Property - 20 km gold mineralized trend with Initial Resource Estimate in preparation Falco drilling defined 0.5 to 4.0 g/t Au over 4 to 30 m widths along a 3.7 km trend, NI 43-101 resource estimate in progress Gold mineralization associated with shear zone, pyrite-silica-sericite alteration and mag low Reported historical assays up to 31 g/t Au by Hollinger Gold Initial Gold discovery by panning near railroad Reported historical assays of 0.24/oz Au over 35 ft Pavey Ark results up to 30.4 g/t Au over 1.0 m Past-producer, reported up to 0.22 oz/t Au over 15 ft., historical resource of 41,600 tons at 0.14 oz/t Au Reported historical assays up to 5.0 oz/t Au over 4 ft Total magnetic field, Airborne VTEM/Magnetic Survey, OGS 2015. McKinnon Property, Longsection McKinnon Property – Establishing a NI 43-101 Resource Estimate from historical 1985/86 drilling Gold Mineralization drilled over 3.6 km strike length • Significant amount of historical core in MNDM core library at Sault Ste. Marie • Resampling program has verified historical assays • Converting 1980’s Falconbridge drilling into NI 43-101 resource estimate on bulk tonnage gold resource 200 m Grade x width >20 g/t Au x m Shallow drilling by Falconbridge in 1985/86 intersected values of 0.5 to 4 g/t Au over 4 to 30 m widths, Initial NI 43-101 Resource Estimate in progress utilizing 79 holes for 14,086 m of drilling McKinnon, Section 1440E Puskuta Project – Mineralization and Alteration Styles Values up to 10 g/t Au GO-33: 1.83 g/t Au over 33.95 m GO-46: 1.11 g/t Au over 21.00 m Pyrite-quartz-sericite schist, Hawkins Township Pyrite-quartz-sericite schist, Canamax DDH 1187-4B-01, drilled 1983, Puskuta Twp. 125 m from surface Certain statements in the presentation regarding estimates, forecasts or future events are “forward-looking statements”. The Company undertakes no obligations to update forward-looking statements if circumstances or management’s estimates or opinions should change. Pavey Ark Minerals 2 Inc. has compiled historical results from sources that are believed to be reliable including government records, however, Pavey Ark makes no warranty as to the accuracy of historical assay results. Pavey Ark is in the process of verifying Falconbridge historical drill core assays and completing a NI 43-101 resource estimate on the gold mineralization defined by Falconbridge drilling in 1985 and 1986.