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File Created: 11-Jul-1986 by Larry Jones (LDJ)
Last Edit:  09-Mar-1989 by Laura L. Coughlan (LLC)

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NMI 103B12 Fe1
Name LOBSTALK, MARVEN, VALLEY, BUD Mining Division Skeena
BCGS Map 103B062
Status Showing NTS Map 103B12E
Latitude 052º 40' 09'' UTM 09 (NAD 83)
Longitude 131º 40' 16'' Northing 5838818
Easting 319391
Commodities Iron Deposit Types K03 : Fe skarn
Tectonic Belt Insular Terrane Wrangell
Capsule Geology

The property is located on the west side of Lyell Island, Queen Charlotte Islands, northwest of Lyell Bay. The showings are less than 30 metres from shore.

The property was held in 1965 as the Marven group of 10 located claims. During the year Falconbridge Nickel Mines, Limited, put down 2 short packsack diamond drill holes; one bottomed in skarny magnetite at 27 metres; the other ended in greenstone at 23 metres. In 1964 a detailed magnetometer survey of the property was carried out by Placid Oil Company.

Pyritic magnetite replaces regionally metamorphosed greenstone and minor limestone of the Vancouver Group, Upper Triassic Karmutsen Formation. The rocks strike 150 degrees and dip about 50 degrees east.

Magnetite exposures and a magnetic anomalous area cover 14 square metres. A drill hole encountered magnetite skarn at 27 metres depth.

Bibliography
EMPR AR 1963-128; 1965-245
EMPR ASS RPT *482, *645
EMPR BULL *54, p. 192
EMPR PF (McDougall, J.J., (1956): Report on Properties at Ikeda Bay, Queen Charlotte Islands, pp. 30-32 - refer to the Lily Mine, 103B 028)
GSC MAP 1385A
GSC P 86-20; 88-1E, pp. 221-227; 89-1H; 90-10; 92-1A, pp. 351-360
MIN REV March/April 1988, pp. 19-24
EMPR PFD 17124, 803474, 842728

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