- The area around the Mahtin property is well known for its long history of gold and silver mining, stretching back into the 1890’s.
- Mahtin is surrounded by several properties that have seen successful exploration results, including Victoria Gold’s Eagle Gold Project, a fully permitted development site.
- Geologists engaged by Strikepoint have both worked on the Mahtin and Eagle Gold projects, and so are highly familiar with the model and geological signals indicative of Intrusion Related Gold Systems.
The Bos Stock intrudes into sedimentary rocks of the Hyland Group, covering an area of 3.5km by 3.0km. Work by Ryan Gold shows a significant soil anomaly covering the area. Advanced geological maps have been completed for the May-Qu block. Grab samples have returned up to 3.37g/t Au over the intrusion, and 313 g/t Ag in the distal vein systems. Next step would be drilling to assess extent and mineralisation of pluton below sedimentary cap.
Similar to the May-Qu zone, but here the plutons have intruded into limestone stratigraphy, resulting in extensive skarn deposits. The known strike length of the mineralised zone is 3.6km, and is open west, east and south. Potential for intrusive body to be mineralised in IRGS-style: needs follow up in the field. Advanced geological mapping has been completed by Ryan Gold staff. Grab samples returned assays up to 8.84 g/t Au.This is again a drill ready target.