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LOCATION
- Located between Kelowna and Merritt BC
- Commuting distance – No camp required
- 2km off all season highway and the Elkhart Lodge – future commercial cardlock gas station, diner and motel.
READY TO EXPAND
- Siwash North zone resource estimate
- Successful Phase 1 & 2 drill program and currently beginning Phase 3
- Eight other zones all showing similar grades and structure
- 21,187 hectare Hectare Land Package
TURN KEY OPERATION
- 2 established pits with high grade mineralization at near surface and at depth
- Mining Permit awarded on Oct 29 2021
- Ore stockpile pad
- Water management infrastructure in place
- 135,808m of historic drilling ($30m to replace)
GEOLOGY – REGIONAL OVERVIEW
- The Elk Gold Project is host to a gold-bearing mesothermal quartz + sulphide vein deposit.
- High grade gold veins hosted by intrusive and volcanic rocks.
- Gold mineralization occurs within structurally controlled pyritic quartz veins.
- The mineralized veins strike east-west and occur along the discontinuity between the Nicola volcanic group and the Osprey Lake Batholith.
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GOLD MINERALIZATION AT THE ELK GOLD PROJECT
Previous drilling confirms that the Elk Gold Project hosts multiple gold mineralized zones within the 21,187 hectare property boundary. The Elk Gold is a mesothermal, intrusive related, gold vein system.
Gold occurs in pyritic quartz veins along with minor base metals. Quartz veins occur in fractures and shears within a granitic intrusion.
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Siwash North includes a total mineral resource of 651,000 oz of Measured & Indicated and 159,000 oz of Inferred.