The Cloud Drifter occurrence is one of a group of gold-silver prospects located in a small area 10 kilometres west of the south end of Tatlayako Lake and about 54 kilometers south-southeast of Kleena-Kleene.

Mineralization along the Cloud Drifter trend and throughout the roughly 500 square kilometre Goldrange project/property is closely associated with, and largely hosted by, a complex of Late Cretaceous quartz diorite and diorite intrusions of the Bendor Suite emplaced into Lower Cretaceous sedimentary and volcanic rocks of the Cloud Drifter Formation. The area consists of overlap assemblage occurring between the northeastern margin of the Coast Plutonic Complex and the Tchaikazan fault to the northeast and is characterized by a complex belt of folds and imbricated, gently southwest-dipping thrust sheets. Mineralization occurs within quartz-diorite, andesite, and sandstones.

Diamond drilling (in 2021) tested the Cloud Drifter trend with 14 drill holes totaling 4925.2 metres. The trend is defined by a 3-kilometre long gold-in-soil anomaly including 50 samples over 1 gram per tonne gold and rock samples with grades up to 128.9 grams per tonne gold (Press Release, Kingfisher Metals, October 6, 2021).The Cloud Drifter trend is a zone/area of about 3 by 2 kilometres consisting of highly anomalous gold-silver-antimony-copper-arsenic-bismuth-telluriam geochemistry that is coincident with quartz-sulfide and sulfosalt veins, sulfide-cement breccias, and quartz-sulfide replacement zones. The Cloud Drifter trend soil anomalies highlight two distinct anomalies at the Cloud Drifter Zone and the Langara Zone. Between the two regions lies an area of extensive fluvial cover that may be obscuring a potential underlying anomaly.

Mineralization encountered in drilling to date includes broad intercepts of quartz-carbonate veins and halo alteration of quartz-carbonate-sericite-clay. Vein textures include laminated shear-banded, cataclastic and open space fill. Sulphide minerals range from multi-centimetre size crystals to very fine sooty laminations. The largest quartz vein intercepted in the program was 11.2 metres in drill core from hole GR21-014. Quartz-sulphide stockwork is associated with broad, coalesced halo alteration and disseminated sulphide in the halo. Coarse sulphide, massive pyrite or arsenopyrite veins, and stockwork-style diffuse veins are associated with strong halo alteration. Breccia textures range from diffuse to brittle clast boundaries to diorite and sulfide clasts with cement of quartz-carbonate-sulphide. Disseminated mineralization is widespread with variable intensity throughout quartz-carbonate-sericite-clay alteration zones. Disseminated sulphides range from fine grained to coarse grained massive and semi massive sulfides. Sulphide mineralogy includes arsenopyrite, pyrite, marcasite, chalcopyrite, pyrrhotite, sphalerite, boulangerite, stibnite, tennantite-tetrahedrite, and molybdenite.

In 2020, Kingfishers’ work along the Trend included prospecting that yielded 312 rock geochemical samples yielding an average grade of 6.26 grams per tonne gold and soil sampling which produced an extensive soil geochemical anomaly with 50 samples over 1 gram per tonne gold.

Initial drilling in 2021 at the Cloud Drifter trend outlined a large open-ended mineralizing system highlighted by multiple high-grade structures within a broad halo of anomalous gold mineralization. Drilling revealed broad zones of near-surface mineralization over significant widths.

Shallow drilling intercepted a high-grade vein and breccia returning 2 metres of 18.69 grams per tonne gold, 35.0 grams per tonne silver, and 0.47 per cent copper including 1 metre of 30.2 grams per tonne gold, 45.7 grams per tonne silver, and 0.29 per cent copper (Press Release, Kingfisher Metals, March 2, 2022).

Other drilling revealed a high-grade sulfide-cement hydrothermal breccia grading 6.88 grams per tonne gold, 13.6 grams per tonne silver, and 0.28 per cent copper over 9 metres, in diamond-drill hole GR21-007; vein-style mineralization yielding 14.80 grams per tonne gold over 1 metre within an intercept of 2.16 grams per tonne gold over 8 metre, also in GR21-007; and 5.30 grams per tonne gold over 1 metre in diamond-drill hole GR21-002 (Press Release, Kingfisher Metals, November 16, 2021 and Assessment Report 39734).

WORK HISTORY

In 2020, 997 soil samples were taken at the Cloud Drifter trend within the Goldrange Project. Detailed (25 by 25 metre) infill soil sampling confirmed and strengthened a historical anomaly defined in 1987-88. Soil sampling returned highly anomalous gold grades up to 22.08 grams per tonne gold with 30 samples over 1 gram per tonne gold. (Press Release, Kingfisher Metals Corp, March 31, 2021). The combined 2020 and 1987-88 soil anomaly includes 2473 samples with 50 samples over 1 gram per tonne gold, 134 samples over 0.5 gram per tonne gold, and 306 samples over 0.25 gram per tonne gold. 

Kingfishers’ work along the trend in 2020 included prospecting that yielded 312 rock geochemical samples yielding an average grade of 6.26 grams per tonne gold and soil sampling which produced an extensive soil geochemical anomaly with 50 samples over 1 gram per tonne gold. Additionally, a property-wide LiDAR survey was completed to aid in mapping the structural geology on the district-scale project. High-resolution (50 metre line spacing) airborne magnetics and radiometrics were completed over the Cloud Drifter trend. Backpack drilling (49.97 metres over 15 shallow holes) was completed at the Argo and Upper Cloud Drifter zones as well as the Langara zone. A rock sample from the Argo graded 23.4 grams per tonne gold (Press Release, Kingfisher Metals, April 14, 2021 (Figure 2)).

In 2021, a total of 214 rock samples and 2604 soil and talus fine samples were collected. Backpack drilling of shallow holes was completed at the Lori, Langara, Lost Fiddle, and Lotus zones. Other showings are such as Razorback (092N 097), Day Trip (092N 096), and CD North (092N 098) are also noted and Geological mapping was completed along ridge and spur traverses in addition to select targets.

Regional exploration in 2021 at the Goldrange property was ongoing and was completed across the length of the project (Press Release, Kingfisher Metals Corp, August 9, 2021, (Figure 2)). As of the time of this news release, 2356 soil and talus fine samples have been completed, primarily on grassroots targets. Additionally, 217 rock samples and 7 stream sediment samples were collected. Backpack drilling has been completed over 13 holes for a total of 37.61 metres.