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The Gordon Lake property is located along the contact of the Cameron River mafic volcanic belt and Yellowknife Group metasediments approximately 110 kilometres northeast of Yellowknife, Northwest Territories Canada. The Cameron River mafic volcanic belt is similar to the Yellowknife Volcanic belt, and the Hope Bay Volcanic belt. Exploration on this property has occurred since 1950 following the discovery of gold at Yellowknife in the 1940’s.
Regional Setting:
The Yellowknife Volcanic Belt, the Hope Bay Volcanic and the Cameron River Volcanic Belt are located within the Slave structural province of the Canadian shield. The Slave Structural province hosts the Yellowknife and Hope Bay gold deposits as well as several diamond mines. The Yellowknife mining district has produced approximately 13.0 million ounces of gold from the Con and Giant mines over a 50 year mine life.
Property Geology:
The Property is located at the north end of Gordon Lake approximately 110 kilometers northeast of Yellowknife and straddles the contact of the Cameron River mafic volcanic belt and Burwash Group turbidite sediments.
Overlying the Cameron River mafic volcanics are turbidite sediments of the Burwash Group. Oxide, sulphide and locally carbonate facies iron formations occur proximal to the volcanic-sediment contact and as distinct units within the Cameron River Group volcanics. Sub-volcanic felsic to mafic plugs, sills and dikes intrude the mafic volcanics and turbidite sediments.
The contact between the greenschist and amphibolite metamorphic facies is also located in the area of the Property. It is interesting to note that the gold deposits of the Yellowknife Mining District and the Thompson-Lundmark gold mine occurs on the greenschist-amphibolite metamorphic contact.
Structural Setting:
Two parallel, discordant, northeast trending shear zones are interpreted to cross the property. The first shear zone is designated the Ven Shear Zone (“VSZ”) trends northeast and hosts 16 of the 17 known zones of gold mineralization. The second shear zone hosts the SYN zone located approximately 1,400 metres southwest of the Union zone. The Ven Shear Zone is interpreted to intersect the mafic volcanic of the Cameron River Volcanic belt. |
