The main showing occurs 240 metres west of a small lake south of Owl Lake. The molybdenite is found in or near narrow quartz veins, which mostly trend eastward and dip northward.
The geology of the region consists of: 1) a Mississippian to Triassic Cache Creek Group oceanic volcanic and sedimentary assemblage; 2) the Upper Triassic dominantly mafic volcanic Takla Group; 3) the Lower to Middle Jurassic Hazelton Group mafic to felsic volcanic and sedimentary rocks; 4) the Upper Cretaceous to Lower Tertiary Ootsa Lake Group sedimentary and volcanic rocks; and 5) the Oligocene and Miocene Endako Group. The region has been intruded by the Lower Jurassic quartz monzonite to granodiorite Topley Intrusive Suite, Upper Jurassic plutons of the Francois Lake Suite and plugs and stocks related to Upper Cretaceous and Tertiary volcanism.
The K 14 showing occurs in an area underlain by variably altered quartz monzonite of the Francois Lake Intrusive Suite. The quartz monzonite is cut by aplite dikes and quartz veins that are less than one centimetre wide. Some of these quartz veins contain finely disseminated molybdenite. Fractures, which are mainly chloritic, are in some cases smeared with molybdenite and associated pyrite. Pyrite is also sparsely disseminated in the quartz monzonite. Approximately one-fifth of the KS claim is covered by glacial drift.
Trenches, located up to 120 metres to the southeast of the K-14 zone, are reported to have also exposed molybdenite mineralization in and near narrow quartz veins.
In 1965, rock samples from the KS group are reported to have yielded up to 0.47 per cent molybdenite (Property File - 810126).
In 1965 and 1966, drilling on the area southwest of Owl Lake is reported to have yielded intercepts of 0.050 and 0.046 per cent molybdenite over 45 and 99 metres, respectively, in hole A2 and 0.22 per cent molybdenite over 6 metres in hole A8 (Property File - 810126).
In 2002, four grab samples (3001, 3002, 3007 and 3008) yielded from 0.195 to 0.610 per cent molybdenum, whereas chip samples yielded up to 0.068 per cent molybdenum over 1.0 metre (Sample 3005; Assessment Report 26941).
Work History
Mineralization was first located south of Owl Lake in June 1965. The area was subsequently trenched, soil-sampled and drilled by United Buffadison Mines Limited. Also in 1965, Francois Lake Mines completed a program of geological mapping and soil sampling on the area immediately south of the occurrence as the DA, T, GR and Grade claims.
The KS claim was staked by Mr. R. Dickinson in October of 1975 and reconnaissance geology was performed on the KS claim area by J.M. Carr a year later.
In 2002, Minestar Resources Corp. completed a program of geological mapping and rock sampling on the area as the Owl 1-4 claims.
In 2008, Optima Minerals Inc. completed a soil sampling program on the area as the Owl Lake property.