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 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