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File Created: 24-Jul-1985 by BC Geological Survey (BCGS)
Last Edit:  09-Apr-2012 by Nicole Barlow (NB)

Summary Help Help

NMI
Name PROSPECTOR'S DREAM (L.3772A) Mining Division Fort Steele
BCGS Map 082F050
Status Showing NTS Map 082F08E
Latitude 049º 25' 30'' UTM 11 (NAD 83)
Longitude 116º 01' 58'' Northing 5475152
Easting 570141
Commodities Gold Deposit Types I01 : Au-quartz veins
Tectonic Belt Omineca Terrane Ancestral North America
Capsule Geology

The Prospector's Dream occurrence is located on a south eastern ridge of Old Baldy Mountain, between Weaver and Noke creeks.

Hostrocks are Middle Proterozoic Aldridge Formation argillite and quartzite of the Purcell Supergroup, intruded by gabbro sills and dikes of Middle Proterozoic Moyie intrusions.

Showings consist of one or more veins of vuggy white quartz containing a little pyrite (partly oxidized to limonite) and free gold. The quartz is rusty and broken (sheared) in places.

In the shaft area, a quartz vein assayed 9.5 grams per tonne gold over a width of 0.33 metre (grab samples assayed up to 46 grams per tonne gold) (Assessment Report 22052).

In the decline area, a shear zone in Moyie gabbro contains quartz veins of variable thickness up to 1 metre; grab samples assayed up to 73 grams per tonne gold, and chip samples assayed up to 13.5 grams per tonne gold over a width of 1 metre (Assessment Report 22052). Float from other veins discovered on the property assayed from 0.1 to 35.3 grams per tonne gold (Assessment Report 22052).

The Prospector's Dream is an old showing discovered in 1898 and recently re-examined for its gold potential. It is located in an area of known placer gold production and lode gold showings (e.g. the David, 082FSE108; Weaver, 082FSE116; and the Perry Creek area 10 kilometres to the northwest). In 1983-1986, trenching and minor geochemical sampling was completed by Fenway. In 1989, E. Frost completed more trenching. In 1998, geochemical sampling was completed.

Also in 1998, approximately 1.5 tonnes of material from a stockpile near the main workings area was milled, and returned over 30 grams of gold (Assessment Report 25827).

Bibliography
EMPR AR 1898-1013; 1903-245
EMPR ASS RPT 12574, 19614, *22052, 25827
EMPR GEOS MAP 1998-3
EMPR PF (unknown (unknown): Notes - Kennelly-Frost Option; unknown (unknown): Claim Map - Kennelly-Frost Option; Fenway Resources Ltd. (unknown): Rock samples - Gold results - Fenway Resources Ltd.; Fenway Resources Ltd. (unknown): Rock sample results - Fenway Resources Ltd.; Fenway Resources Ltd. (unknown): Location Map - Fenway Resources Ltd.; unknown (unknown): Claim Map - Weaver; Fenway Resources Ltd. (unknown): Length, width and depth, shears and veins - Fenway Resources Ltd.; unknown (unknown): Cost estimates for Phase I - Weaver; Fenway Resources Ltd. (unknown): Claim Map - Kennelly-Frost Option; Loring Laboratores Ltd. (1983-07-02): Assay Results - Kennely-Frost Option; Fenway Resources Ltd. (1983-11-29): Claim Map - Kennelly-Frost Option; Fenway Resources Ltd. (1983-12-15): Report on Phase I - Geological and Exploration Program - Kennelly-Frost Option; Fenway Resources Ltd. (1984-01-01): Geological Sections - Kennelley-Frost Options; unknown (1984-01-02): Summary of quartz vein - Prospector's Dream; unknown (1984-03-31): Report one Phase I, Phase II and Phase III - Geological and Exploration Program - Fenway Resources; Fenway Resources Ltd. (1984-11-04): New Issue Prospectus - Fenway Resouces Ltd.; Hainsworth, W.G. (1984-11-04): Report on the East Kootenay Claims - Fenway Resources Ltd.; Fenway Resources Ltd. (1985-02-26): Re: Admendment to No. 2 Prospectus - July 15, 1984 ; Hainsworth, W.G. (1985-02-27): Letter regarding the building of a mechanical contrivance; Hainsworth, W.G. (1985-05-03): Re: East Kootenay claims; Hainsworth, W.G. (1985-11-19): Re: Fenway Resources Ltd. - Draft Prospectus; Redder, M. (1985-12-23): Re: Fenway Resources Ltd.; Gilley, M.J.R. (1986-05-12): Re: Fenway Resources Ltd.; unknown (1986-10-29): Re: Fenway Resources Ltd. - Draft Prospectus July 12, 1985 ; Frost, E. (1989-06-09): Report on Gold Mineralization at Prospector's Dream; Baxter, P. (1989-10-18): Prospector's Dream property exam (conclusion: no interest); O'Grady, F. (1992-03-27): Report on Prospector's Dream property; Ruby Red Resouces Inc. (2006-01-13): Press Release - Eddy)
GSC MAP 603A
GSC MEM 228
GSC OF 820; 929; 2721
GSC P 37-21, p. 21

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