June, 2020 Technical Presentation JA JACOBITE Undrilled Cu-Au-Mo Porphyry Prospect West-central B.C. TSXV:HVG www.harvestgoldcorp.com TSXV:HVG www.harvestgoldcorp.com
Forward looking information Some statements in this presentation contain forward looking information. These statements address future events and conditions and, as such, involve inherent risk and uncertainties. Actual results could be significantly different from those projected. Risks and uncertainties of the Company’s business are discussed in the Management Discussion and Analysis of the Company’s Annual and Quarterly Reports, available both on the Company’s website at www.harvestgoldcorp.com and at www.SEDAR.com. A number of mineral resources or significant occurrences disclosed herein relate to nearby properties owned by other companies, and the data presented have been extracted from these companies’ press releases and websites. A Qualified Person has been unable to verify this information from the adjacent properties, and such results are not necessarily indicative of potential quantities or grades of mineralization on the Company’s properties. Warren Bates, P.Geo., Director of Property Investigation for Harvest Gold, the Qualified Person for this document for the purposes of National Instrument 43-101, prepared or supervised the preparation of the technical information contained herein. Please do your own due diligence. TSXV:HVG www.harvestgoldcorp.com
• Undrilled porphyry prospect in Babine belt • Road access, previously logged • Three open pit mines within 200 km (Mt. Milligan, Huckleberry, Endako) • Two past-producing open pit mines in the Babine belt within 80 kilometres (Granisle, Bell Copper) • 100% property interest available TSXV:HVG www.harvestgoldcorp.com
• 120 road-km N of Smithers on good gravel roads • 60 road-km NE of Highway 16 a few km east of Hazelton (road condition unknown) • CNR and power along Highway 16 TSXV:HVG www.harvestgoldcorp.com
• 40 x 100 km belt of Babine porphyry deposits/prospects controlled by NW faults • Au-rich porphyry deposits (red stars on map) associated with Eocene Babine Intrusions • Babine Intrusions: biotite-feldspar porphyry plugs and dyke swarms TSXV:HVG www.harvestgoldcorp.com
Past producing mines Bell Copper (1972-92) Granisle (1966-82 Permitting-stage deposits Morrison TSXV:HVG www.harvestgoldcorp.com
• 1971-72: Canadian Superior did mapping, soils, IP, magnetics (limited assessment filing, but some data came out in Lorne Warren’s 1994 assessment report) • 1990-94: the Leask brothers and Lorne Warren did minor prospecting • 2019: Evrim Resources cut 5 lines in preparation for IP survey and collected 140 soils along them (no follow-up of anomalous soils or IP survey) TSXV:HVG www.harvestgoldcorp.com
• Feldspar(-hornblende-biotite) porphyry (Babine Suite) dykes cut Cretaceous clastics, volcanics and Bulkley Suite quartz-feldspar porphyry • Babine dykes poorly exposed in low terrain, covered by vegetation, overburden • Strong gossan (pyrite, mapped phyllic/propylitic alteration) in cirque exposed south of property TSXV:HVG www.harvestgoldcorp.com
Jacobite Geology TSXV:HVG www.harvestgoldcorp.com
Upper Cretaceous Lower Cretaceous clastics volcanics Eocene Babine FP dyke Late Cretaceous Bulkley QFP Outcrops rare below treeline TSXV:HVG www.harvestgoldcorp.com
Pyrite halo Complex chargeability TSXV:HVG www.harvestgoldcorp.com
Pyrite halo Moderate magnetic high: potassic alteration? TSXV:HVG www.harvestgoldcorp.com
Pyrite halo 639 ppm Cu 1170 ppm Cu 545 ppm Cu Anomalous Cu, Mo in 2019 soil samples TSXV:HVG www.harvestgoldcorp.com
Pyrite Halo Property Boundary Target Till Till 639 ppm Cu 1170 ppm Cu All these patterns lead 545 ppm Cu to 500 x 950 m target TSXV:HVG www.harvestgoldcorp.com
• Mineralization within and marginal to biotite- feldspar porphyry plugs and dykes; best Cu grades near contacts • Central potassic (secondary biotite and magnetite) alteration hosts highest Cu grades • Pyrite (2-10%) halos for several hundred metres around Cu orebodies TSXV:HVG www.harvestgoldcorp.com
Jacobite All maps at the same scale TSXV:HVG www.harvestgoldcorp.com
• Target based on: • Flank of chargeability high (10-20 ms) • Moderate magnetic high (600-1000 nT) • Mo and Cu soil anomalies • Target is 500 x 950 m (~350 million tonnes to 300 m depth) • IP/mag survey and soil geochemistry will likely indicate more targets TSXV:HVG www.harvestgoldcorp.com
• Indications of porphyry mineralization (pyrite halo, complex chargeability, moderate magnetic high, Cu- Mo soil anomalies) • Logistically good area to develop a mine (road access, nearby power and rail, resource-friendly communities) • Babine porphyry deposits are gold-enriched; two of them were successfully mined for 16 and 20 years • Limited modern exploration and no drilling TSXV:HVG www.harvestgoldcorp.com
• Preliminary groundwork: • Prospecting: investigate anomalous 2019 Cu and Mo soil samples • Geochronometry: confirm that feldspar porphyry is Eocene Babine Intrusion • IP/magnetic survey: 200-400 m line spacing (some lines cut in 2019); chargeability/resistivity inversions • Soils: sample IP survey lines • Excavator trenching; drilling TSXV:HVG www.harvestgoldcorp.com
Head Office: Suite 804 – 750 West Pender St. Vancouver, BC V6C 2T7 Contact: Rick Mark, Pres. & CEO Email: info@harvestgoldcorp.com Telephone: 604-682-2928 TSXV:HVG www.harvestgoldcorp.com
Recommend
More recommend