Canadian Gold and Base Metal Exploration
TSX-V: KG

2017 Drilling

Hole ID From (m) To (m) Interval (m) Au g/t
LS17-83 16.3 49.0 32.8 0.8
LS17-84 34.0 44.4 10.4 1.2
LS17-85 0.0 27.4 27.4 0.6
LS17-86 3.2 25.3 22.1 0.8
LS17-87 1.5 18.0 16.5 0.7
LS18-88 6.5 20.3 13.8 0.4
LS17-89 22.6 37.6 15.0 1.1
LS17-90 2.8 9.6 6.8 2.2
and 26.6 38.8 12.3 1.7
LS17-91 4.3 35.0 30.7 1.6

2016 Drilling

Lone Star drilling encountered near-surface gold mineralization across broad widths of 30+ meters, over a strike length of 700 meters and remains open in all directions. A total of 17 short drill holes, LS16-58 to LS16-74, tested the vicinity of Lone Star target in late 2016. Hole lengths ranged from 47 meters to 108 meters, usually drilled at shallow -55 degree angles, and gold mineralization occurs at or within 50 meters of surface.

The 700 meter drilled length of gold-mineralization encountered at Lone Star is associated with a 1,500 meter induced polarization (“IP”) anomaly (the length of the survey, target remains open) and a 4,000 meter long gold-soil anomaly, as compiled from various c.1980’s exploration efforts.

Gold mineralization at Lone Star is preferentially hosted within a ‘laminated schist’ located above a regionally significant low angle thrust fault. The gold-bearing laminated schist has subtle carbonate alteration and disseminated pyrite. Gold is commonly visible and occurs as disseminations of free grains within the schist and mantling pyrite. The gold-bearing schist is capped by a siliceous schist with distinct major and trace element chemistry. Gold is also found within gold-bearing quartz veins along the contacts between the two units.

Summary of 2016 Drilling

Hole ID Zone From (m) To (m) Au g/t Interval (m)
LS16-58 Lone Star 6.5 43.5 2.4 37.0
LS16-59 Lone Star 16.5 44.2 1.2 27.7
LS16-60 Lone Star No significant results
LS16-61 Lone Star No significant results
LS16-62 Lone Star 5.5 10.5 1.7 5.0
LS16-63 Lone Star 3.1 45.0 0.9 42.0
LS16-64 Lone Star 29.5 54.0 1.5 24.5
LS16-65 Lone Star 26.2 32.2 2.7 6.0
LS16-66 Lone Star 12.8 25.0 0.5 12.2
and 81.0 89.0 1.6 8.0
LS16-67 Lone Star 45.8 48.8 1.0 3.0
and 87.5 92.0 1.6 4.5
LS16-68 Lone Star 33.0 37.0 4.7 4.0
and 57.0 60.0 0.7 3.0
and 67.0 81.0 1.2 14.0
LS16-69 Lone Star 4.9 16.9 0.9 12.0
incl. 4.9 13.1 1.0 8.2
and 88.7 98.6 2.5 9.9
LS16-70 Lone Star 8.3 16.9 1.6 8.6
and 68.0 79.3 3.5 11.3
incl. 74.5 79.3 7.9 4.7
LS16-71 Lone Star 38.3 51.0 0.5 12.7
LS16-72 Lone Star No significant results
LS16-73 Lone Star No significant results
LS16-74 Lone Star 59.0 63.0 1.5 4.0

 

Maps and Sections

Historical Work Completed

  • 1911-1914: The Lone Star mine produces 1,545 oz @ 5.20 g/t.
  • 1940-1947: 27.2 tonne bulk sample.
  • 1960-1961 when the claims were explored with bulldozer trenching and sampling as well as 180 m of diamond drilling and 84 m of churn drilling.
  • 1967: Airborne magnetics survey of area published by Geological Survey of Canada.
  • 1979-1985: Dawson Eldorado Gold Exploration / Klondike Ken Ventures explored the property with geochemical sampling, a resistivity survey and trenching in 1980-81, geological mapping in 1983 and 1984 and geochemical sampling and rock sampling of old workings in 1984. In 1985, Dawson Eldorado drilled 6 percussion holes (183 m).
  • 1986-1994: Arbor Recourses then Kennecott Canada Inc. as part of an option agreement with Arbor conducted exploration on the property. This included multiple geophysics grids and 196 drill holes consisting of 13,075 m of RC and percussion drilling and 8094 m of diamond drilling. In addition approximately 220 trenches were dug and over 4000 trench samples assayed as well as over 5000 soil samples across the property. The majority of the work was concentrated around the Boulder Lode and the Nugget to Buckland Zone between Gay Gulch and 27 Pup which accounted for 68 and 63 drill holes respectively.
  • 1995: Kennecott terminated its option agreement with Arbor Resources who changed their name to Klondike Gold Corp. in 1996.
  • 1996: Newmont performed bulk sampling and amenability to milling tests as an evaluation of the property.
  • 2004: Klondike Gold Corp. enters into a joint venture with Klondike Star Mineral Corp.
  • 2004- 2008: Klondike Star drilled 66 diamond holes and 6 percussion holes totalling 9291 m. Approximately 35 trenches were dug and numerous historic trenches were cleaned out and re-assayed with over 1600 samples collected as well as over 2500 soil samples. A bulk sampling program was also conducted on selected targets between 2005 and 2007 in areas identified by geologists as having anomalous mineralization.
  • 2011: Klondike Gold conducted a limited field exploration program.
  • 2012: Detailed sampling of the WSW side of the Boulder Lode open cut was completed.  Four holes totalling 1,381.1 meters of diamond drilling was completed.

Photo Gallery - Lone Star Zone

View SE across Lone Star Zone

View SE across Lone Star Zone


View north downslope from Lone Star Mine

View north downslope from Lone Star Mine



Original Lone Star mine open cut-1912

Original Lone Star mine open cut – 1912


Lone Star Ridge

Lone Star Ridge