PIL Property, BC
- 151.5 km2 property located in the Toodoggone region of northern British Columbia
- Large, underexplored land package with numerous highly prospective copper-gold porphyry and epithermal gold-silver targets
- Recently identified Copper Ridge Zone hosts a 1300 x 750 m copper-gold-molybdenum soil anomaly which has not been drill tested
- Composite talus and bedrock sampling in 2015 at the Copper Cliff discovery returned 25 m of 1.04% copper with 23.9 g/t silver and has not been evaluated by drilling
- Atlas East grab sampling returned 489 g/t gold with 6,514 g/t silver from a brecciated bedrock source and 72.5 g/t gold with 2,187 g/t silver from quartz vein float material
PIL Geology and Mineralization
The PIL Property is located in the Stikine Terrane and is juxtaposed against the Quesnel Terrane by the 1,000+ km long, deep seated, crustal scale strike-slip Teslin-Thibert fault approximately 8 km northeast of the property boundary. The Stikine and Quesnel Terranes are characterized by similar Late Triassic to Early Jurassic volcanic-plutonic arc complexes that host numerous copper-gold-molybdenum porphyry mines, deposits and prospects including Red Chris (Newcrest Mining), Galore Creek (Teck/Newmont), Kemess (Centerra Gold), and Mount Milligan (Centerra Gold). Numerous epithermal gold-silver projects are also found in the region, including Bruce Jack (Pretium), Ranch (Thesis Gold) and Lawyers (Benchmark Metals).
The Property is in the heart of the 90 x 20 km, NW trending Toodoggone district in northern British Columbia in the eastern part of the Stikine terrane. The district is underlain by volcanic and sedimentary rocks of the Early to Middle Jurassic Hazelton Group and coeval intrusive complex of the Early Jurassic Black Lake Plutonic Suite. There is a prominent northwest-trending regional structural fabric with several steeply dipping normal faults and a few strike-slip and thrust faults have disrupted strata in the Toodoggone.