Mesothermal gold mineralization hosted in quartz veins, vein breccias and narrower sheeted vein/stockwork zones.
Vein system exposed at surface over 300 m strike length.
Includes past producing Locke mine with small-scale mining from 1948-1950 produced 643 ounces of gold and 660 ounces of silver at 11.8 g/t gold and 12 g/t silver1.
Underground stope rock grab samples assaying 576 g/t gold with 229 g/t silver, 50.4 g/t gold with 317 g/t silver, 48.4 g/t gold, and 47.9 g/t gold1.
Potential for economically significant concentrations of gold and silver mineralization.
High-Grade With Exploration Upside
Mesothermal systems typically persistent to great depths – to date Troy Canyon only investigated over 180 metre vertical extent
Soil geochemistry indicates several zones of anomalous gold outbound of the historical mine area
Drill testing required to expand depth and strike length of mineralization
1: National Instrument 43 101 Technical Report on the Troy Canyon Project, Portage Minerals Inc., with an effective date of February 5, 2007 prepared by Jim Chapman, and filed under Portage Minerals Inc.’s issuer profile on SEDAR (www.sedar.com).