The area of Giver showing is underlain by Pennsylvanian tuffs, phyllites, siltstone, greenstone and limestones and Lower Permian limestones, all of the Stikine Assemblage. These rocks are intruded by plutonic rocks associated with three separate igneous events. These consist of foliated diorite of Triassic age, unfoliated diorite of Jurassic age and quartz feldspar porphyry, which is probably genetically related to the Sloko Group of Cretaceous to Tertiary age. The volcanics and sediments are separated by a northeast trending fault from sandstone, conglomerate, and minor shale of the Jurassic Takwahoni Formation (Laberge Group). These rocks are overlain by flat lying basalt flows of the Miocene Level Mountain Group.
The tuffs, greenstones and phyllites are quartz-iron carbonate altered, and contain quartz veins and disseminated pyrite. A sample of tuff assayed 7.3 grams per tonne gold (Assessment Report 12975).
The pervasive iron carbonate alteration zone weathers to a bright orange colour and appears to be controlled by a north striking and west dipping structure. The alteration extends from the southwest end of “Vermillion Ridge along the ridge to the north across Tag Creek and up Vermillion Tributary” (Assessment Report 17891, page 8). Weak gold mineralization occurs in 1987 talus sampling throughout much of the pervasive iron carbonate alteration zone.
In the Tag Creek area gold plus/minus silver bearing pyrite is found in: quartz veins with limonite staining; in iron carbonate altered tuffs with quartz lenses; and in graphitic shear zones. On the northern end of Vermillion Ridge, within the iron carbonate alteration zone, gold bearing pyrite-arsenopyrite plus/minus galena occurs with weak silver mineralization in: a fuchsitic quartz-carbonate stockwork zone in schists and phyllites; in silicified limestone with sphalerite; and in malachite stained rubble.
The Tatsamenie Lake area was initially explored in the fifties for its porphyry copper potential. In 1963, Kennco Explorations Limited delineated low-grade disseminations of chalcopyrite and molybdenite in silicified fracture zones. These zones occur on the southern margin of a quartz monzonite porphyry intruding pre-Upper Triassic sediments and volcanics. A copper bearing magnetite rich skarn was also found on the north side of the same intrusive body. Four Fae claims covering these showings were held until 1986. In 1970, Skyline Explorations Ltd staked to surround the Fae group and covered any further copper and molybdenum mineralization. Chevron Canada Resources Limited explored the area for precious metals in 1982. The area of the Tag claims was one of the Chevron properties, the Giver-Taker, staked to cover an extensive alteration zone. Chevron conducted mapping and a program of soil, rock, and silt sampling in 1983 and 1984. The ground was restaked in 1987 as the Fae property by Tahltan Holdings Ltd. Stetson Resource Management Corp. carried out an exploration program in 1987 for Tahltan consisting geological mapping, prospecting, rock chip and soil sampling. A total of 121 talus samples, 198 rock chip samples, and 5 stream sediment samples were collected. In 1996, Premier Minerals Ltd collected 100 rock samples, 66 silt samples and 1200 soil samples over a large area and included some minor work on its Samo property in the Fae and Giver area.
In 2007, Paget Minerals Corp conducted a 5-day geochemical and geologic mapping program in order to determine any possible drilling targets on the Fae project. A total of 32 rock samples, 45 soil samples, and 5 silt samples were collected from both the Fae porphyry and creek drainages east and north of Vermillion Ridge. Samples were taken near the Norm showing (104F 034), the Fae (104F 014) and the Giver showing area.
In 2007, prospecting near the Giver showing along the main drainage on the east side of Vermillion Ridge revealed patchy silicification concentrated in carbonate beds, as well as along the margins of minor normal faults. Sulphides are generally in very low concentrations in these zones. Limited sampling of iron carbonate and silica altered rock exposed at lower elevations in the creek east of Vermillion Ridge failed to return anomalous values in base and precious metals and indicator elements (samples 147263-147265) (Figure 5, Assessment Report 29395). A variety of quartz veins were also sampled in this area; only two returned anomalous gold, with a single banded quartz-sulphide vein returning significant gold and silver assays. See new MINFILE – Vermillion (Sample 147267)
In 2011, Paget drilled a single, 477.62 metre hole in the Fae area. The purpose of the drill program was to attempt to intersect mineralized outcrops at depth that had been sampled during a 2007 rock sampling program.
In 2015 Rio Minerals Ltd sent a 4-man crew to the Fae property in order to conduct a short prospecting program. Two samples were collected on top of the ridge a few hundred metres northeast of the plotted location of the Fae occurrence; 5 more samples were collected about a kilometre south of the Fae. Sample 440501 to the northeast of the Fae assayed 0.025 per cent molybdenum (Assessment Report 35998). One sample (440506) was collected about 450 metres northwest of Giver at 673155 East, 6463807 North. This outcrop grab sample was described as gossan with vugs with(?) quartz/silica flooding. The assay was not significant.
See Fae (104K 014) for related property work history.
