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File Created: 12-Jun-2013 by Nicole Barlow (NB)
Last Edit:  04-May-2020 by Karl A. Flower (KAF)

Summary Help Help

NMI
Name SADDLE VEIN, NEW VEIN, DEER HORN Mining Division Omineca, Skeena
BCGS Map 093E034
Status Showing NTS Map 093E06W
Latitude 053º 21' 41'' UTM 09 (NAD 83)
Longitude 127º 18' 23'' Northing 5913803
Easting 612712
Commodities Gold, Silver, Zinc, Lead, Tellurium Deposit Types H05 : Epithermal Au-Ag: low sulphidation
Tectonic Belt Coast Crystalline Terrane Stikine
Capsule Geology

The Saddle Vein and New Vein zones are located approximately 1.5 kilometres northwest of Lindquist Lake and 49.5 kilometres southeast of the community of Kemano and are part of the Deer Horn property.

Regionally, the area is located in the Intermontane Belt and is underlain by greenstone and greenschist metamorphic rocks of the Upper Paleozoic to Middle Jurrasic Gamsby Complex which have been thrust over sedimentary and volcanic strata of the Lower Cretaceous Skeena Group and calc-alkaline volcanic rocks of the Lower Jurassic Telkwa Formation (Hazelton Group). The volcanic and sedimentary units have been intruded by quartz dioritic rocks of the Middle Jurassic Trapper Plutonic Suite and undivided intrusive rocks of the Eocene Coast Plutonic Complex(?).

The Pry Bar (093E 127) and Saddle vein occur in the same structural setting (the immediate hangingwall of the same reverse fault) as that of the Deer Horn (093E 019). The discoveries extend the overall strike length( from Deer Horn west to the Pry Bar) of the gold-silver-tellurium vein system to more than 2400 metres. It remains open to the west of Pry Bar.

Quartz-polymetallic sulphide veins occur in a foliated diorite and in a quartz-sericite alteration zone at the boundary between the diorite and underlying clastic sedimentary rocks.

In 2012, Deer Horn Metals Inc. discovered the Saddle Vein and New Vein zones while doing helicopter-supported prospecting. Sampling at the Saddle Vein showing assayed 0.92 gram per tonne gold, 633 grams per tonne silver, 357 grams per tonne tellurium and 0.823 per cent zinc, while sampling at the New Vein showing assayed 1.16 grams per tonne gold, 159 grams per tonne silver, 57.6 grams per tonne tellurium and 0.916 per cent zinc (Press Release, Deer Horn Metals Inc., January 16, 2013).

Another zone of mineralization, referred to as Cam’s Trench, is located approximately 400 metres to the north east. The type of mineralization is not described but is assumed to be similar to that of the Saddle and New veins. In 2011, a composite of grab samples (1361321) from a trench (Cam’s) assayed 34.5 grams per tonne silver and greater than 1.0 per cent lead and zinc, respectively, with anomalous gold and tellurium values (Lane, B., Giroux, G. (2012-04-17): Updated Resource Estimate for the Deer Horn Gold-Silver-Tellurium Property).

For full property history and regional geology, see Lindquist/Deer Horn (MINFILE 093E 019) and Pry Bar (093E 127).

Bibliography
EMPR ASS RPT 31511, 33172, *33948
EMPR MAP 65
EMPR OF 1988-2; 1992-1; 1994-14, 1999-3; 1998-10
GSC MAP 1064A
GSC MEM 299
GSC OF 708
PR REL Deer Horn Metals Inc., *Jan. 16, 2013
Lane, B. (2009-08-20): Summary Report on the Deer Horn Property
Lane, B. (2010-06-04): Technical Report on the Deer Horn Gold-Silver-Tellurium Property
*Lane, B., Giroux, G. (2012-04-17): Updated Resource Estimate for the Deer Horn Gold-Silver-Tellurium Property
Lane, B., Giroux, G. (2013-03-12): NI-43-101 Preliminary Economic Assessment for the Deer Horn Gold-Silver-Tellurium Property
Meintjes, T., Lane, B. (2018-05-13): NI-43-101 Technical Report on the Preliminary Economic Assessment for the Deer Horn Gold-Silver-Tellurium Property
EMPR PFD 503099, 521892

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