Sulphur Gold

Location & Access 45 kilometres south of Dawson City, Yukon; year-round road access
Size 543 claims, 11,344 hectares
Ownership Held 100% subject to underlying 2% NSR royalty
Work to date Soil geochemistry, ground geophysics, trenching & drilling
Target Structurally hosted orogenic gold
Adjacent Projects 65 kilometres north of White Gold’s Golden Saddle deposit

The Sulphur property consists of 543 claims covering 11,344 hectares of the Dawson Mining Division located approximately 45 kilometres due south of Dawson City, Yukon.  The Sulphur Creek Road provides year-round access to the property although the road would have to be ploughed by Taku in the winter months.  The road is occasionally maintained by the Yukon Department of Highways in the summer.  Sulphur is located roughly 65 kilometres north of the Golden Saddle deposit owned by White Gold Corp., where historic estimates (Underworld and Kinross) of measured and indicated resources range from 0.8 to 1.0 million ounces of gold grading from 2.7 to 3.2gpt Au, and inferred resources range from 125,000 to 407,000 ounces of gold grading from 1.8 and 2.5gpt Au1.

 

Since 2010 Taku has completed airborne geophysical and soil geochemical surveys over the entire property.  The soil geochemistry identified five targets where detailed soil grids were subsequently done.  The most interesting of these targets is the “Lions” zone located in the north-central part of the property.  The Lions zone is marked by a north-trending arsenic-silver soil anomaly that extends over a distance of 2,200 metres.  Within this broad arsenic-silver trend there are discreet gold-in-soil zones defined by values from 20 to 239 parts per billion gold (“ppb Au”).  These zones were tested in 2012 with limited trenching and drilling.  Several narrow zones of weak gold mineralization were found in four of the six holes but these intervals did not adequately explain the strong tenor and extent of the arsenic-silver-gold soil trend.

 

In 2015 an electromagnetic survey done over the Lions trend identified a number of prospective geophysical structures, and suggested that there was more downslope displacement of the soils than had been previously assumed.  Moreover the trenching and drilling, both targeted as they were directly over high gold zones, did not test these prospective geophysical structures adjacent to the soil anomalies on the up slope side.  Indeed it seems that all but one of the six drill holes were in fact drilled away from these prospective structures.

 

Recent Developments

In October 2017 Taku completed four trenches and 708 metres of drilling in seven holes to test several prospective bedrock structures defined by the 2015 electromagnetic survey.  Results of this work are pending.  If this methodology proves successful at localizing significant gold mineralization, it will be applied to the remaining four god-in-soil zones situated elsewhere on the Sulphur property.

 

  1. White Gold Corp. website – www.whitegoldcorp.ca consulted October 16, 2017

 

 


     


Taku Gold Corp.