- Property Overview
- Yukon: White Gold
- British Columbia: Atlin District
Yukon: White Gold
Rosebute Property (14,387 hectares) The 695-claim Rosebute property is located approximately 55km due south of Dawson City, Yukon and was acquired in March 2010 from well-known Yukon prospector Shawn Ryan. In 2010, 5,158 soil samples were collected on two grids based on 50m sample intervals on lines spaced approximately 100m apart, and a 1,107km airborne radiometric and magnetic geophysical survey was flown. Excellent geochemical results were obtained from the first grid located in the northwestern part of the property and an anomalous gold area approximately 189ha in size was identified (the "Norwest" zone).
In 2011, detailed geochemical sampling was done over the Norwest zone to provide a sample density of 50m sample stations on lines spaced at 50m apart. Results from the 457 samples collected in 2011 are well above the 2010 results and three distinct gold anomalies are delineated. The first anomaly is located in the northern part of the gridded area. It is well defined over an east trending length of 900m and shows maximum values up to 212 parts per billion gold (ppb Au) or 0.2 grams per tonne gold (gpt Au). The second anomaly is located in the southern part of the gridded area. It is well defined over an east trending length of 500m and shows maximum values up to 1,334ppb Au or 1.3gpt Au. The third anomaly is located in the eastern part of the gridded area. It is well defined over an east trending length of 450m and shows maximum values up to 254ppb Au or 0.3gpt Au. The first and third anomalies line up in a west to east trend and may in fact identify one gold-bearing zone up to 1.8km long. More work will have to be done to establish if this is a valid interpretation.
In addition to the detailed sampling on the Norwest zone, 2,259 reconnaissance ridge and spur samples were taken over the entire Property in 2011. A gold value of 3.4gpt Au was returned from a sample collected approximately 3km north of the Norwest zone. A small cluster of anomalous gold results was also identified 2.4 km southeast of the Norwest zone with maximum values up to 491ppb Au or 0.5gpt Au.
In 2012, Taku began by concentrating on the Norwest zone's three gold-rich anomalies. Taku released results from a four hole, 963 metre core drilling program completed Norwest Zone. Three of the four holes returned notable gold intersections.
The first hole intersected 0.95 grams per tonne gold (gpt Au) over 23.4 metres (m) from 22.6m in an area where soil geochemical sampling returned up to 1.3gpt Au within an anomalous trend at least 500m long. The second hole intersected 1.58gpt Au over 1.0m from 19.0m in an area where a strong arsenic-in-soil anomaly was identified in 2011. The fourth hole intersected 0.88gpt Au over 3.0m from 66.0m where soil geochemical sampling returned up to 0.3gpt Au within an anomalous area at least 450m long. The third hole, drilled to test 900m long gold-in-soil trend with values up to 0.2gpt Au, did not intersect any notable gold-bearing intervals.
The following table summarizes all the gold-bearing intervals encountered by the drilling:
|Hole||UTM mE*||UTM mN*||Azimuth||Dip||Depth m||From m||Length m||Wt. Avg. gpt Au|
|* UTM Zone WGS Zone 7N|
Taku also announced that it had outlined a large gold-in-soil anomaly in the western part of the Rosebute property call the Hudbay Zone.
Reconnaissance ridge and spur soil samples taken by the Company in 2011 identified a small cluster of anomalous gold results with maximum values up to 0.5 grams per tonne (gpt Au) approximately 2.4 kilometres southwest of the Norwest zone. In June 2012, a total of 1,356 follow up grid samples were collected over this cluster at 50m sample stations on lines spaced 50m apart. A very strong gold-in-soil zone trending northwest over a length of at least 1000m was identified by the grid sampling. The "Hudbay" zone varies from 150 to 350m wide and shows a maximum value of 0.9 gpt Au. The southern end of the zone is especially strong with almost every sample showing strongly anomalous gold values greater than 60 parts per billion (ppb Au) within an area 500m long by 350m wide.
The detailed grid sampling also identified a second anomalous gold-in-soil zone approximately 750m southeast of the Hudbay zone. This second zone trends northwest over a length of 650m, varies from 50 to 250m wide and shows maximum gold values up to 96ppb Au. Although this second zone has much smaller dimensions and lower gold values than Hudbay, it is nonetheless interesting.
The Company subsequently mobilized a helicopter portable Can-Dig excavator to Rosebute to dig a series of trenches across the Hudbay zone. A total of 1,341 metres (m) of trenching was done in seven trenches to test the southern end of the Hudbay zone. Broken bedrock in the trenches was sampled systematically at five metre sampling intervals and a number of parallel, north-trending gold zones were identified. Highlights of the sampling include 6.17g/t Au over 5m from 35.0m in Trench 12-02 and 1.50g/t Au over 20.0m from 130.0m in Trench 12-04. The trenching results are summarized as follows:
|Trench||From (m)||Length (m)||Wt. Avg. g/t Au||Max. g/t Au|
"The trenching results validate the strong soil geochemical results and confirm the presence of a gold-bearing structure at Hudbay that merits further exploration. The Hudbay zone dwarfs the Norwest zone where Taku just reported a significant gold-bearing drill intersection. We are very excited about the size and grade of Hudbay relative to anything we have seen in the White Gold area so far." comments Zak Dingsdale, President and CEO of the Company.