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File Created: 17-May-1988 by Larry Jones (LDJ)
Last Edit:  30-May-2008 by Garry J. Payie (GJP)

Summary Help Help

Name VAL 3 Mining Division Atlin
BCGS Map 104K049
Status Showing NTS Map 104K08W
Latitude 058º 26' 35'' UTM 08 (NAD 83)
Longitude 132º 18' 55'' Northing 6481168
Easting 656701
Commodities Molybdenum, Copper Deposit Types L04 : Porphyry Cu +/- Mo +/- Au
Tectonic Belt Intermontane Terrane Plutonic Rocks, Stikine
Capsule Geology

The area is underlain by quartz monzonite and quartz feldspar porphyry, which are probably genetically related to the Tertiary Sloko-Hyder Plutonic Suite. These rocks are cut by quartz-eye porphyry and monzonite porphyry dykes. Northwest trending structures control alteration, quartz veining and mineralization.

The quartz monzonite, consisting mainly of hornblende, biotite and feldspar, sometimes has zones of sericite-clay-chlorite-iron oxide alteration.

Mineralization at the Val 3 (Mo showing) consists mainly of quartz and pyrite with minor molybdenite and copper carbonate and rare chalcopyrite. One strong molybdenum bearing quartz vein had up to 7.6 centimetres of strong molybdenite in a 15 centimetre quartz vein but quartz veins as stockwork and parallel sets generally contain only minor molybdenite.

A 6.1 metre chip sample assayed 0.02 per cent molybdenum and 0.025 per cent copper. (Assessment Report 8962).

In 1980, an exploration program was carried out by Utah Mines Ltd. on the Val 1 and 2 claims to delineate the shear zone containing chalcocite, bornite, molybdenite and precious metal mineralization.

Much of the Val ground was restaked in 1987, as the Sal property by Tahltan Holdings Ltd. While Tahltan investigated the showings at the Val 1 (104K 040), they made no mention of the Val 3 showings and the Sal property may not have actually covered that showing.

EMPR ASS RPT *8962, 17910
EMPR EXPL 1980-490-491
GSC MAP 6-1960; 1262A