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File Created: 11-Dec-2020 by Garry J. Payie (GJP)
Last Edit:  22-Jun-2023 by Garry J. Payie (GJP)

Summary Help Help

NMI
Name LEGAL TENDER, BULLION Mining Division Atlin
BCGS Map 104K009
Status Prospect NTS Map 104K01W
Latitude 058º 02' 37'' UTM 08 (NAD 83)
Longitude 132º 18' 12'' Northing 6436750
Easting 659175
Commodities Gold Deposit Types E03 : Carbonate-hosted disseminated Au-Ag
Tectonic Belt Intermontane Terrane Stikine
Capsule Geology

The Legal Tender property is located 32 kilometres east of Whiting Lake.

The Legal Tender Zone is a highly silicified and extensively altered Pennsylvanian limestone unit within undivided Pennsylvanian volcanics of the Stikine Assemblage.

In 2018, J2 Syndicate Holdings Ltd was conducting an an extensive review of fieldwork data from 2016 and 2017 when the mineralized unit was revealed. A 16 metre chip sample returned 0.33 grams per tonne gold, including 0.63 grams per tonne gold over 4 metres, for an overall assay value of 0.5 grams per tonne (Assessment Report 38351). The structurally altered limestone horizon has been recognized for 3.5 kilometres along strike and the gold mineralized zone remains open.

See Ram Reef (104K 086) for details of the Bullion Property geology and work history.

Bibliography
EMPR ASS RPT *38351
EMPR EXPL 1982-391,392; 1983-537,538
GSC MAP 6-1960; 1262A
GSC MEM 362
GCNL #168,#195,#196, 1988
Chevron File

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