Welcome To The Golden chalice Resources HUB On AGORACOM
Strong Focus on Gold and Nickel in the Northern Ontario Exploration Belt
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

Widget

Add Golden Chalice Resources widget to your own site or blog

Email Updates

Search

AGORACOM News Flash

ATTENTION AGORACOM MEMBERS - WE'RE GROWING AGAIN & YOU'RE INVITED:

Hey, gang.  We're really proud to announce another great tool for our members and all online investors.  Here's the news:

1.  AGORACOM Launches Online Conferences  (Full Story)

2.  AGORACOM Announces 1st Conference.  The AGORACOM Online Gold & Commodities Conference  (Full Story).  December 3-4.  Save The Date!

Looking forward to your feedback.  Thanks and have a great day!

Regards,
George, Paul et al.

 

Message: Timmins West Property

Canadian_arrow
Rank: [?]
Treasurer
Points: [?]
515
Rating: [?]
Votes: 18 Score: 2.9
  • Currently 2.9/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.)

Re: Timmins West Property

posted on Jun 29, 09 02:41PM

did a quick search on the GCR website, nothing stood out.

I have included what I found, as i a msure you found the same, might be good for some of the newer folks around the board

Timmins West Property

Location: 75 kilometres south west of Timmins, Ontario
Minerals: Gold, Copper, Nickel, and Zinc
Ownership: 100% Golden Chalice



Background

This 100% owned property is located approximately 80 km by road southwest of Timmins, Ontario.

New geological and geophysical compilations for NE Ontario by the Ontario Government led to the identification of the Timmins West area as highly prospective for precious metal, base metal and diamond potential.

Very limited exploration work has been done on the property. Most historical work in the area focused on iron in an iron formation, and asbestos or talc mineralization. The property is largely overburden covered.

Geotech has completed an extensive VTEM airborne survey for GCR over more than 24,000 acres of land that make up the property.

Geology and Mineralization

Timmins West is very similar in geology, structure and surficial area to the Timmins Gold Camp that has produced over 60 million ounces of gold.

Major gold producing areas (Timmins, Kirkland Lake, Kerr Addison, Harker-Holloway) in the Abitibi Greenstone belt of NE Ontario occur where E-W striking regional deformation zones bend and trend in a SW direction. The Timmins West Property covers such a bend in the regional geology.

The sizable land package also covers the entire nose of a major regional fold structure with ultramafic, mafic, and felsic volcanics and sedimentary rocks analogous in geology and structure to that of the Timmins gold camp.

Of greatest importance are the multiple felsic porphyries that occur on the Timmins West Property. Most of the gold mineralization in the Timmins Gold Camp came from mines within or proximal to similar felsic porphyries.

The detailed Geotech VTEM airborne survey has outlined high priority electromagnetic and magnetic targets in areas with favourable geology and structures for hosting Timmins and Kirkland Lake vein and porphyry hosted gold deposits, as well as Kidd Creek style massive sulphides, and nickel deposits in ultramafic sills and flows.

Special processing of geophysical data has discovered numerous circular magnetic features that occur at surface and continue to depth. This type of anomaly is similar to the geophysical signature of kimberlite pipes that could host diamonds.

Next Steps

Initial assessment of the VTEM airborne data has identified more than 25 highly favourable areas for hosting gold, base metal or diamond mineralization.

Ground truthing is underway for the initial target areas.

Areas with overburden cover and little rock exposure will be assessed by geochemical (soil or MMI sampling) surveys.

The plan is to trench favourable targets with limed overburden and drill deeper targets.

New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM 100 - The Top 100 Small Caps ... Find Your Next Investment

Executive Address

Richard hughes gcr
Richard Hughes
Chairman of the Board, Hughes Group of Companies
April 21, 2009

Richard Hughes highlights the Hughes Groups past successes and current projects, including Langmuir.

View Broadcast