The 100% owned Uchi Property Is located approximately 80km east of Red lake, Canada in the Birch-Uchi Greenstone Belt. The Red Lake Greenstone Belt, contiguous with the Birch-uchi Greenstone belt to the West, hosts major gold deposits with historical production greater than 25 million ounces. The Uchi Property is adjacent to and on strike with two past producers; the South Bay Cu-Zn-Ag mine and the previous Uchi Au mine.
On trend from significant gold and base-metal zones with no modern exploration
Potential for discovery of greenstone hosted gold and VMS base-metal deposits
Mimi Point sampled 13.03 g/t Au over a 0.49 m channel
New access enables low cost exploration
80 km east of Red Lake, Ontario
in the underexplored Birch-Uchi greenstone belt
Large continuous land package – 6,868 Ha
Road access from Ear Falls, Ontario
Prospective for both gold and base metal mineralization, historic surface sampling up to 13 g/t Au reported¹
Adjacent to 2 past producers
No modern exploration
¹ Source: Parker, J.R., and Atkinson, B.T., 1992, Gold Occurrences, Prospects and Past Producing Mines of the Birch- Confederation Lakes Area, Ontario Geological Survey, Open File Report 5835, 332p.
UCHI & DIXIE CONNECTION
The Uchi Property has a large continuous land package of 6,868 ha with road access from Ear Falls, ON. Is it prospective for both gold and base metal mineralization, with historic surface sampling up to 13 g/t Au reported. Uchi shares similar geology to Great Bear Resources’ Dixie property. Their structural settings are both major crustal deformation zones with gold bearing quartz veins.
There has been little to no modern day exploration in the area. That being said the VMS targets for Uchi show multiple look alike conductors to the South bay mine, which is mostly undrilled. In the short term we will focus on doing some ground work, soil and geological surveys. This will help us towards getting our drill targets for next year.
Potential for gold and VMS potential in an underexplored greenstone belt
South Bay Mine
South Bay Mine stopes just off property – 1.6MT at 2.3% Cu, 14.5% Zn, 3.5 oz/t Ag, 10 years of production¹
114,000 ounces of past gold production during the 1940’s, however only mined and explored to shallow depth
Multiple look alike conductors to the South Bay Mine, mostly undrilled, potential prospectivity where historically drilled
Northern extension of the Uchi Trend is completely unexplored, 13 g/t Au reported in grab samples
¹ Source: Source: Lichtblau, A.F., Paterson, W., Ravnaas, C., Tuomi, R.D., Pettigrew, T.K., Lewis, S. and Wiebe, K. 2018. Report of Activities 2017, Resident Geologist Program, Red Lake Regional Resident Geologist Report: Red Lake and Kenora Districts; Ontario Geological Survey, Open File Report 6336, 100p.