Williams Gold / Copper Property

T-Bill Gold Prospect

  • Large 3 x 2 km gold-in soil anomaly with significant drill intercepts: system only partially tested
  • Potential for high-grade gold vein system and/or bulk tonnage resource

GIC Porphyry Prospect

  • Early-stage Cu-Au-Mo Porphyry prospect with geological similarities to Stikine terrain deposits
  • 1800 m wide chargeability & resistivity anomaly

Williams property is in  highly prospective rocks in the north-eastern region of the prolific metal-endowed Stikine Terrane, British Columbia, Canada. Magmatic events in Stikine during the Late Triassic and Early Jurassic were the driving source for the development of mineralizing porphyry and epithermal systems. On both the east and west sides of the Bowser Basin the same magmatic and mineralizing events are recognized

Williams T-Bill Gold: Footprint

  • 3 x 2 km Au (>100 ppb) and As (>100 ppm) soil anomaly
  • Coincident with muscovite-carbonate-quartz alteration of chlorite schists that is pervasive over a 1.2 by 1.3 km central core
  • Alteration is typical of halos to Au-mineralized quartz veins
  • Visible gold is noted in historical high-grade samples
  • Four rock and core samples that exceeded 5000 ppb Au on initial analysis were subjected to metallic screen assaying. Three of the four samples showed coarse gold to be a significant factor, with the grade increasing by 22 to 113%
  • Potential that some of the grades are under-reported
  • Lawyers, Baker, Shasta are past – producing epithermal gold deposits
  • Lawyers, owned by Benchmark (TSV: BNCH): a 100,000 meter drill program currently underway.
    See September 25, 2020 New Release

Gold In Soil Anomaly

  • Bulk tonnage potential indicated by intercepts averaging 1.15 g/t Au over 148.7 m and 1.09 g/t Au over 74.8 m
  • 14 holes in a 300 x 300 m area intersected 11 separate 2 m intercepts containing in excess of 12 g/t Au and three 1.5 m intersections greater than 24 g/t
  • Mineralization open in multiple directions – ready to drill

Arsenic In Soil Anomaly

  • T-Bill Gold prospect discovered in early 1980’s by Cominco based on stream sediment anomalies
  • Cominco-Du Pont drilled 3,023 metres in
    1983-1984, but then let claims lapse
  • Stikine Gold, drilled 2,855 metres in 2003
  • Six interpreted NW trending QZ– ASP– Au vein corridors  associated with Fe–  carbonate alteration

GIC Prospect

  • 1800 m wide chargeability and resistivity anomaly
  • Northern IP anomaly margin overlaps Cu and Au soil anomaly.
  • Southern IP boundary marked by chip sample of 0.22% Cu and 0.22 g/t Au over 3.73 m

DDH WM06-1:

9.1 m @ 0.63 gpt Au in QZ-HM-SER veining

DDH WM06-2:  

Abandoned: Propylitic & SIL-SER-HM-K alteration

DDH WM06-3/4: 

4.5 m @ 2.78 gpt Au; 1.4 m @ 0.07 Au, 0.20 % Cu in propylitic & SIL-SER Alt.

DDH WM06-5:

6.1 m @ 0.04 gpt Au, 0.1 % Cu in propylitic & SIL-SER-K Alt.

Drilling Highlights

Summary

T-Bill Gold Prospect

  • Potential for high-grade gold vein system and/or bulk tonnage resource
  • The opportunity is to test for the continuity of high-grade vein targets with small and optimally-oriented drill program (oriented core, screen metallics)
  • Under reporting Gold?
  • Copper in Soil to the west? Porphyry to West.

GIC Porphyry Prospect

  • “Golden Triangle” aged magmatism and untested Cu-in-soil anomalies on margin of strong IP anomaly
  • Needs follow-up geological work (alteration map, extended soil surveys)
  • “Golden Triangle” aged magmatism and untested Cu-in-soil anomalies on margin of strong IP anomaly
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