BC Geological Survey Assessment Report 37845
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Ministry of Energy, Mines & Petroleum Resources Mining & Minerals Division Assessment Report BC Geological Survey Title Page and Summary TYPE OF REPORT [type of survey(s)]: Geophysical Gravity SurveyTOTAL COST: $15,290.08 AUTHOR(S): R.G. Gifford, P.Eng., B.A.Sc.SIGNATURE(S): "R.G. Gifford" NOTICE OF WORK PERMIT NUMBER(S)/DATE(S): N/AYEAR OF WORK: 2018 STATEMENT OF WORK - CASH PAYMENTS EVENT NUMBER(S)/DATE(S): 5712693 / Sept.22, 2018 PROPERTY NAME: Fen Property CLAIM NAME(S) (on which the work was done): 1038827; 1047842; 1047958; 1047968 COMMODITIES SOUGHT: Pb/Zn/Cu/Ag MINERAL INVENTORY MINFILE NUMBER(S), IF KNOWN: MINING DIVISION: Golden NTS/BCGS: 82J/05E o '" o '" LATITUDE: 51 29LONGITUDE: 115 33 (at centre of work) OWNER(S): 1) Robert Gordon Gifford 2) MAILING ADDRESS: 4 - 2381 Argue St., Port Coquitlam, B.C. OPERATOR(S) [who paid for the work]: 1) Fen Resources Ltd. 2) MAILING ADDRESS: 3897 St. Pauls Ave., North Vancouver, B.C. PROPERTY GEOLOGY KEYWORDS (lithology, age, stratigraphy, structure, alteration, mineralization, size and attitude): REFERENCES TO PREVIOUS ASSESSMENT WORK AND ASSESSMENT REPORT NUMBERS: Assessment Reports 30360; 31888; 32801; 33893 Next Page TYPE OF WORK IN EXTENT OF WORK ON WHICH CLAIMS PROJECT COSTS THIS REPORT (IN METRIC UNITS) APPORTIONED (incl. support) GEOLOGICAL (scale, area) Ground, mapping Photo interpretation GEOPHYSICAL (line-kilometres) Ground Magnetic Electromagnetic Induced Polarization Radiometric Seismic Other Gravity 1038827; 1047842; 1047958; 1047968 $15,290.08 Airborne GEOCHEMICAL (number of samples analysed for...) Soil Silt Rock Other DRILLING (total metres; number of holes, size) Core Non-core RELATED TECHNICAL Sampling/assaying Petrographic Mineralographic Metallurgic PROSPECTING (scale, area) PREPARATORY / PHYSICAL Line/grid (kilometres) Topographic/Photogrammetric (scale, area) Legal surveys (scale, area) Road, local access (kilometres)/trail Trench (metres) Underground dev. (metres) Other TOTAL COST: 15,290.08 ASSESSMENT REPORT regarding a GRAVITY SURVEY FEN PROPERTY FENWICK CREEK AREA, B.C. Centered Near Latitude 500 29’ N, Longitude 1150 33’ W NTS 82J05E Period Covering: June 15, 2018 to June 22, 2018 Submitted by: FEN RESOURCES LTD. 3897 St. Pauls Ave., North Vancouver, B.C. Prepared by: R.G. Gifford, P. Eng., B.A.Sc. 4-2381 Argue Street, Port Coquitlam, B.C. October, 2018 TABLE OF CONTENTS 1.00 INTRODUCTION ................................................................................................................................ 1 2.00 SUMMARY ........................................................................................................................................... 2 3.00 GEOLOGICAL SETTING & MINERALIZATION……………………………………….….………………..3 STATEMENT OF QUALIFICATIONS .................................................................................................... 5 STATEMENT OF EXPENDITURES ........................................................................................................ 6 PROPERTY LOCATION MAP ................................................................................................................. 7 TENURE MAP ............................................................................................................................................. 8 MINERAL CLAIM EXPLORATION & DEVELOPMENT WORK – CONFIRMATION......................9 APPENDIX A – GRAVITY REPORT ................................................................................... ATTACHED Including CONCLUSIONS and RECOMMENDATIONS APPENDIX B – IMAGES (Full Size Maps in .pdf Format)…………...……………...…………….ATTACHED FEN PROPERTY – Pb/Zn Prospect ASSESSMENT REPORT GRAVITY SURVEY 1.00 INTRODUCTION Location and Access The Fen lead-zinc prospect is located in the Kootenay Ranges, Rocky Mountains in southeast British Columbia. Fen Resources Ltd. retains 100% ownership of the property encompassing seven contiguous claims (see List of Claims below), for a total of 1,522 Ha. The prospect is 35 km by air east of the heliport at Invermere. The community of Canal Flats is linked by 60 km of Forestry road to the Fen property. Lead and zinc mineralization, with associated copper and silver values, form the primary target. The prospect is situated in the Fenwick Creek basin reference BCGS map sheets 082J.043/053, and centered N 50º29', W 115º33’. List of Claims Good To Area Title Number Claim Name Date (ha) 1038827 FNSE 2022/JAN/15 493.5321 1047842 FENNW 2022/JAN/15 226.1451 1047958 2022/JAN/15 143.983 1047959 POINT2 2022/JAN/15 164.4379 1047968 POINT4 2022/JAN/15 41.13 1055426 RG1710 2022/JAN/15 246.7867 1055633 FEN1710 2022/JAN/15 205.6131 History Historic work of limited scope is recorded within the Fen property. Assessment Report 07798, 1979, by Kaiser Resources Ltd describes work on 12 claim units (300 Ha) in total. A later work period in the same area is recorded in Assessment Report 12440, 1983, by F.G. Gietz. It covered one claim unit, 25 Ha, in total. Exploration Target Lead-Zinc (Copper, Silver) Occurrence In 2005, Fen Resources personnel observed galena in stream-sediment pan concentrates taken from a tributary of Fenwick Creek. The Fen property was subsequently staked and follow-up contour line and orthogonal grid soil surveys outlined an extensive anomalous area with high values in lead, zinc, copper and silver together with barium and strontium in two localities in close proximity termed the Westside and Eastside areas. Collectively they form the Fenwick Creek base metal anomaly. A trail was constructed by Fen Resources to give vehicle access into the area of interest. Combined Westside and Eastside contour-line and orthogonal soil surveys outline an anomalous area that measures 220 x 1,000 metres horizontal extent, 160 metres vertical relief, and 270 metres slope distance. The anomaly is between elevation 1,960 metres and 2,120 metres. 1 Fen Resources Ltd. North Vancouver, B.C. October, 2018 FEN PROPERTY – Pb/Zn Prospect ASSESSMENT REPORT GRAVITY SURVEY Anomalous values for lead in the Westside zone range 121 to 491 ppm (outliers of 580 to 2,611 ppm excluded from the classification). Anomalous values for zinc range 218 to 999 ppm, (outliers of 1,556 to 3,488 ppm excluded). The samples are derived from B- to C-horizon subsoil in mountain terrain. For the Eastside Zone, combined grid surveys outline anomalous values for lead that range 265 to 527 ppm (outliers of 532 to 6,559 ppm excluded). Anomalous values for zinc range 746 to 1,982 ppm, outliers of 2,316 to >10,000 ppm excluded. The samples are derived from C-horizon subsoil in mountain terrain. Galena (lead), sphalerite (zinc) and chalcopyrite (copper) mineralization is observed in the basal section of a carbonate rock formation. The prospect exhibits half-metre scale, lens-like masses of coarse-grained galena and fist-sized, fine- grained lumps of chalcopyrite in talus. The sulphide lenses are walled by sparry dolomite and crystalline quartz. Silver is present in assayed material. 2.00 SUMMARY This report centres on geophysical technical work undertaken by Excel Geophysics Inc. on the Fenwick Creek property, first in 2016, then again in 2017 and also during the 2018 field season. The work to date is decidedly encouraging; the gravity “high” associates with strongly anomalous lead-zinc soil surveys, with intersecting regional and local structural controls, and with a geological unit that was host to the both Monarch-Kicking Horse Mine ± 75 miles to the north, and the Hawk Creek Mine ± 47 miles to the north. October, 2018 2 Fen Resources Ltd. North Vancouver, B.C. October, 2018 3.00 GEOLOGICAL SETTING & MINERALIZATION Regional Geology Regionally a paleotopographic “high” – the Kicking Horse Rim – is considered to have localized the change from western basinal shale facies (Chancellor FM.) to eastern platform carbonate facies (Catherdral FM.) within a narrow belt that is less than 16 km wide and up to 130 km long. It has been suggested that this environment has controlled, to a large extent, the development of the sedimentary facies fronts from Middle Cambrian through to the Ordovician period. Chancellor Formation The Chancellor Formation (Middle-Upper Cambrian; is the basinal equivalent of the entire Mount Whyte to Sullivan interval of the platform. The Formation has been divided into three informal units by Cook (1975) but Stewart (1989) proposed that the Chancellor Formation be upgraded to a group, comprising at least seven stratigraphic units. The unit has been tectonically deformed and thickness estimates are unreliable. The lower Chancellor consists of argillaceous limestone, shale and thin bedded dolomite with chaotic slump folds, slope breccias and carbonate slide blocks. The lower Chancellor is equivalent to the Mount Whyte, Cathedral, Stephen, Eldon and Pika Formations of the platform (Cook, 1975; McIlreath, 1977; Stewart, 1989). The “Takakkaw Tongue” of the Cathedral Formation occurs in the lower part. The middle Chancellor is composed of slate and cleaved, argillaceous limestone. Thin-bedded limestones of the upper part of the interval are biostratigraphically correlated with the Waterfowl Formation and the shales beneath are correlated with the Arctomys on a lithological basis (Cook, 1975). The upper Chancellor comprises cleaved calcareous shale with thin to medium bedded limestone. It is transitional upward with the overlying Ottertail Formation. The unit is correlated with the Sullivan Formation of the platform. Cathedral Formation The Cathedral Formation of the southern Rocky Mountains is