The Rozan property consists of thirty-two mineral claims and is located approximately 12 kilometres due northwest of the historic mining town of Ymir BC. The property is well positioned with respect to infrastructure, access and services and is strategically located south of Valterra’s Star and Toughnut properties. The company now controls over 3,890 hectares locally within a metallogenic region that elsewhere hosts several past producers and significant gold deposits nearby at Kena (1.0 million ounce 43-101 compliant resource – Sultan Minerals Inc.) and Kenville (386,000 ounce 43-101 compliant resource – Anglo Swiss Resources Inc.). Other active exploration projects in the region include the Ymir camp currently being explored by Duncastle Gold Corp. (DUN-V).
The main mineralized occurrences on the property - Golden Eagle, T.S., and Flying Dutchman - date to the late 1800s, and from 1928 to the 1970s William Rozan operated a small-scale hand-mining gold operation. Geochemical soil sampling undertaken in the late 1980s / early 1990s successfully identified a broad 1.0 km x 2.0 km area of anomalous gold. Beginning in 2000, Emgold Mining Corp. explored the property with soil sampling, prospecting-mapping-rock sampling studies, ground geophysics, DIGHEM airborne geophysics, and minor widely-spaced diamond drilling. Historical drill results include 1.45 g/t Au over 4.08 metres in hole RM00-001 and 60.73 g/t Au and 6.4 g/t Ag over 0.25 metres in hole RM00-002. Mineralization reportedly occurred as near surface sheeted/stockworked quartz zones hosted in a granodiorite unit.
The Rozan property geology is amenable to several polymetallic deposit styles including intrusion-related Au systems (vein-stockwork-brecciated-disseminated-skarn), shear-hosted hydro- to mesothermal Au-Ag-Pb-Zn or porphyry/ skarn Au-Cu-Mo-W. The claim area is underlain by Early Jurassic Elise and Archibald formation units assigned to the Rossland Group that consist largely of prospective submarine volcanic, volcaniclastic and sedimentary rocks. These rocks are intruded by Middle Jurassic feldspar porphyries of the Silver King Intrusive Suite and in turn by Middle to Late Jurassic granite-granodiorite-monzonite bodies mapped as Nelson Intrusions. These structurally controlled units are often deformed by the regionally prominent Silver King Shear Zone that is up to two kilometres wide and forms the core of the Hall Creek syncline.
Rozan Property Southeast BC, Canada – Location, Claims and Terrain Map
