Canadian Gold and Base Metal Exploration
TSX-V: KG

2017 Drilling

Section Hole ID From (m) To (m) Au g/t Interval (m) Zone
11600E LS17-139* 3.8 19.8 0.6 16.0 Alpha
11650E LS17-107* No Significant Results Alpha
LS17-100* 3.5 8.5 0.8 5.0 Alpha
11675E LS17-101 34.0 51.5 0.5 17.5 Alpha
LS17-106 10.0 39.0 1.0 29.0 Alpha
LS17-81 5.5 46.6 2.1 41.1 Alpha
11725E LS17-102* No Significant Results Alpha
LS17-105* No Significant Results Alpha
LS17-82 10.4 51.3 2.4 40.9 Alpha
LS16-58 6.5 43.5 2.4 37.0 Alpha
LS16-60 No Significant Results Alpha
11775E LS17-103* 14.2 17.9 1.6 3.7 Alpha
and 35.0 37.6 1.5 2.6 Alpha
LS16-59 16.5 44.2 1.2 27.7 Alpha
11800E LS16-61 No Significant Results Alpha
11825E LS17-104* 41.4 55.1 0.5 13.7 Beta
LS17-83 16.3 49.0 0.8 32.8 Alpha
11875E LS17-84 34.0 44.4 1.2 10.4 Alpha
11925E LS16-62 5.5 10.5 1.7 5.0 Alpha
11975E LS16-69 4.9 16.9 0.9 12.0 Beta
incl. 4.9 13.1 1.0 8.2
and 88.7 98.6 2.5 9.9 Alpha
LS16-70 8.3 16.9 1.6 8.6 Beta
and 68.0 79.3 3.5 11.3 Beta
incl. 74.5 79.3 7.9 4.7
LS16-63 3.1 45.0 0.9 42.0 Alpha
12020E LS16-67 45.8 48.8 1.0 3.0 Beta
and 87.5 92.0 1.6 4.5 Alpha
LS16-68 33.0 37.0 4.7 4.0 Beta
and 57.0 60.0 0.7 3.0 Beta
and 67.0 81.0 1.2 14.0 Beta
LS16-64 29.5 54.0 1.5 24.5 Alpha
LS16-65 26.2 32.2 2.7 6.0 Alpha
12050E LS16-66 12.8 25.0 0.5 12.2 Beta
and 81.0 89.0 1.6 8.0 Alpha
12065E LS17-108 12.8 66.1 0.7 53.3 Alpha
incl. 12.8 38.4 0.9 23.1
12090E LS17-85 0.0 27.4 0.6 27.4 Beta
12090E LS17-86 3.2 25.3 0.8 22.1 Beta
12100E LS17-109 21.5 28.7 0.9 7.2 Alpha
12150E LS17-87 1.5 18.0 0.7 16.5 Beta
LS17-88 6.5 20.3 0.4 13.8 Beta
12175E LS17-89 22.6 37.6 1.1 15.0 Beta
LS17-90 2.8 9.6 2.2 6.8 Beta
and 26.6 38.8 1.7 12.3 Beta
LS17-115* No Significant Results Alpha
12250E LS17-91 4.3 35.0 1.6 30.7 Beta
12300E LS17-92* 12.2 47.9 0.3 35.7 Beta
LS17-114* 10.0 43.5 0.5 33.5 Alpha
12325E LS17-111* No Significant Results
LS16-74 59.0 63.0 1.5 4.0
LS17-113* 35.4 73.0 0.6 37.5 Beta
LS17-120* 67.3 90.0 0.5 22.7 Alpha
12375E LS17-110* 130.3 182.0 0.3 51.7 Gamma
12400E LS17-112* No Significant Results Beta
LS17-121* 22.0 61.0 0.5 39.0
LS17-125* 42.5 57.0 0.3 14.6 Alpha
12425E LS17-94* 26.2 42.5 0.6 16.3 Gamma
12575E LS17-93* 18.0 45.8 0.4 27.8 Gamma
and 98.2 119.6 0.2 21.4 Beta
LS16-71 38.3 51.0 0.5 12.7 Beta
LS16-72 No Significant Results Beta
12500E LS16-73 No Significant Results Gamma
12550E LS17-117* 112.1 128.0 0.5 15.9 Beta
LS17-124* 65.2 86.5 1.0 21.3 Alpha
12600E LS17-122* 78.5 97.6 0.6 19.2 Beta

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 From (m) To (m) Au g/t Interval (m)
LS16-58 6.5 43.5 2.4 37.0
LS16-59 16.5 44.2 1.2 27.7
LS16-60 No significant results
LS16-61 No significant results
LS16-62 5.5 10.5 1.7 5.0
LS16-63 3.1 45.0 0.9 42.0
LS16-64 29.5 54.0 1.5 24.5
LS16-65 26.2 32.2 2.7 6.0
LS16-66 12.8 25.0 0.5 12.2
and 81.0 89.0 1.6 8.0
LS16-67 45.8 48.8 1.0 3.0
and 87.5 92.0 1.6 4.5
LS16-68 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 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 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 38.3 51.0 0.5 12.7
LS16-72 No significant results
LS16-73 No significant results
LS16-74 59.0 63.0 1.5 4.0

 

Photo Gallery - Lone Star Zone

View SE across Lone Star Zone


View north downslope from Lone Star Mine



Original Lone Star mine open cut – 1912


Lone Star Ridge