Property

Emerald Property | Recent Results | Exploration History

Kisgegas Property

 

Emerald Property

 

Cavan Ventures Inc. project is the Emerald Property which is located in the Slocan Mining Division, 14 km north-west of Kaslo, B.C. It consists of five contiguous tenures. See map below. Cavan Ventures Inc. is operating under an option agreement with Cadre Capital Inc. of Vancouver, B.C., on this property.

The Slocan district is located in southeastern British Columbia, Canada, and was a major producer of silver, lead, zinc, copper, and gold at the turn of the last century when over 300 mines were in operation. Many of the miners lived in Sandon, located approximately 30 kilometers from the property, with an additional 2,300 residents living in camps at various mine sites located throughout the area. Two cabins built for housing workers remain on the property and are in good repair to this day.

The Emerald Property is an historic producer which has seen limited exploration over the past 100 years by various operators. Past operations and exploration on the property have included hand mining, blasting, limited geophysics, and limited shallow diamond drilling.

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Recent Results

 

The most pronounced geochemical response on the property occurs in the northwest portion of the grid area, in the vicinity of and northeast of the Emerald prospect, which is located on the extreme western edge of the grid area. 

The immediate Emerald mineral zone, located at 41100N, 973100E, is well illustrated by very strong multi-element geochemical values of gold (152 ppb Au), copper (865.4 ppm Cu), silver (100 ppm Ag), antimony (404.1 ppm Sb), lead (404.1 ppm Pb) and zinc (7099.5 ppm Zn). 

The western edge of the grid, bounded generally within area 40900N to 41200N and 97000E to 97400E, is considered a high priority area recommended for future exploration programs. A halo of strong soil values surrounding the Emerald prospect occurs within this area. Consistently high values in silver, lead, zinc, and antimony are found throughout this area and may suggest the presence of additional mineral zones presently unrecognized beyond the immediate known Emerald mineral workings. 

A general northeast trending anomalous zone of approximately 100-200 meters in width and approximately 600 meters in length is seen to extend northeasterly from the Emerald workings area (Line 40900N), to an area east of a small lake on Line 41500N.  This northeast trend is outlined by anomalous soil values, particularly high in antimony, copper, arsenic, and silver. The area east of the small lake on line 41500N is particularly interesting as a clear multi-element association is represented for lead, zinc, copper, arsenic, antimony, and gold.  The multi-element anomaly along line 41500N appears to be mainly constrained between 97350E to 97600E.

There is a general low geochemical soil response for the Voyageur prospect area on the eastern portion of the grid area. The Voyageur prospect is mainly defined as a spot anomaly at 41200N, 9900E, with anomalous values in zinc (241 ppm), lead (780.2 ppm), and copper (120.5 ppm). There is a general, broad geochemical response trending northwesterly from the Voyageur area as indicated by moderate lead soil values and weak zinc values. 

The main copper response on the grid area is clearly defined in the area northeast of the Emerald workings, mainly found as spot high values that are worthy of further investigation.  

The area bounded by 41100N, 97400E, 41200N, 97250-97400E and 41300N, 97200-97300E contains consistently high soil values of greater than 100 ppm Cu and as high as 1182.2 ppm Cu. An interesting copper anomaly is also represented at the extreme northeast corner of the soil grid on line 41600N, between 99400-99500E, containing soil values between 127.9 ppm to 312.5 ppm copper.

There seems to little or weak correlation of gold with either the Emerald or Voyageur mineral zones; however, numerous high gold values have been obtained from rock sampling at the Voyageur prospect.

The main gold response on the grid area appears to be closely associated with the forked creek drainage area located within the central portion of the grid, which may represent a fault zone. 

The main gold response on the property appears to be associated with the westerly branch of Emerald Creek. A number of the higher anomalous gold values are found within the immediate creek bed area and are considered suspect, with higher than average values due to concentration in topographical lows. There are a series of anomalous gold values (39-118 ppb Au) occurring along 9800E, from 41100N to 41400N, which should receive further investigation, as these are more likely related to an immediate bedrock source.    

Although there are other spot high anomalous values and areas of broad lower soil values found throughout the grid area, the areas mentioned above are considered high priority areas for future detailed investigations.

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Exploration History

 

Historically, the Emerald Property has achieved production from five separate prospects (Voyageur, Emerald, Empire, Standard, and Cub) within the property boundaries. Prospects that lie within the projects claim boundaries were first staked in 1897, with sporadic production occurring up to 1979. Mineralization occurs in the Triassic Slocan Group, locally consisting primarily of black fissile phyllites with interbedded limestone, calcareous phyllites, and brown gritty quartzites.

The general structural trend is 310 degrees, dipping generally southwesterly. Greenstones and ultramafic rocks of the Permian Kaslo Group unconformably underlie the Slocan Group to the east, also hosting Ag-Pb-Zn mineralization. Satellite stocks, dikes, and sills are generally correlative with the Nelson batholith to the immediate south. Late stage lamprophyre dikes are also common.

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Kisgegas Property

 

The Kisgegas-KM Property is located 60 kilometres north of Hazelton, 1.6 kilometres northeast of Kisgegas Peak, B.C. Canada, and situated in the Omineca Mining Division. The five claims that comprises the KM Property cover the area of approximately 946 hectacres.

The area is underlain by siltstones and sandstones of the Middle Jurassic to Lower Cretaceous Bowser Lake Group intruded by granodiorite dikes and sills of the Late Cretaceous Bulkley Intrusions. Several granodiorite plugs, also of the Bulkley Intrusions, outcrop within a few hundred metres of the showings. A completed work program performed in 1987 on the Property has been described in Assessment Report 17542.

The showings consist of quartz vein stockworks and veins ranging up to 1.3 metres in width hosted within, or close to, the granodiorite dikes. They carry variable amounts of calcite and siderite, as well as pyrite, galena, sphalerite, chalcopyrite and rarely molybdenite. The work program included taking 29 samples over a strike of length of 2.5 km, as well as a bulk sample from one showings. The samples appear to indicate that the mineralization lies along 2 sub parallel E-W vein system.

The average grades of the samples assay up to 0.7% copper, 20% lead and 20% zinc as well as minor amounts of gold and silver.

A grab sample from one quartz vein assayed 0.3400 per cent copper, 1.9000 per cent lead, 0.0680 per cent zinc, 1840.0 grams per tonne silver and 0.40 gram per tonne gold (Assessment Report 17542).

The reported historical figures are non-compliant with the current NI-43-101 guidelines.

 

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