This is the new name given to the Reed Discovery zone. Here is a copy of the abstract on the talk Gale is gving at the annual Manitoba Mines and Mineral Convention @10:35 am Fri Nov 20th.
The Magnet Pond VMS deposit at Reed Lake, Manitoba was discovered in volcanic rocks under approximately 20 meters of flat-lying dolomite and sandstone using the new VTEM helicopter-borne EM survey. The deposit occurs within a sequence of intermediate tuffaceous sedimentary rocks, felsic tuffaceous sedimentary rock and quartz-phyric rhyolite flows. The bulk of the mineralization is contained within a fine grained diabase that intrudes the tuffaceous sedimentary rocks and locally engulfs parts of the sulphide deposit. The mineralization can be separated into two basic types: 1) the ‘A lense’ consisting dominantly of near solid pyrite (NSS) layer, and 2) the ‘B lense’ consisting primarily of chalcopyrite-pyrrhotite masses and veins. The A lense sulphides consist of coarse fragments (up to 10 cm) of pyrite-chalcopyrite-sphalerite and fragments of magnetite in a sand sized matrix of pyrite and magnetite. This mineralization occurs within a unit of chemo-sedimentary rocks that from south to north consists of fine grained chlorite sedimentary rock± Mt, NSS, chlorite±biotite sedimentary rock, dolomite, magnetite and chert±Mt. Locally, there are intersections of breccia and grits above the chert that consist of silicate rock fragments. Late shears produce sections of pyrrhotite that are tens of cm thick both at the margins and within the A lense pyrite. The B lense sulphides consist of large masses and veins of pyrrhotite and chalcopyrite that appear to have been mobilized into a zone of brittle deformation. Locally, there are abundant late fractures filled with quartz, pyrrhotite and chalcopyrite ± Mt and Py. The Magnet Pond, Highway and Tower zones of mineralization define a newly discovered mineral trend that appears to extend some 17 km from Reed lake southwards to the Tower zone, westwards through the Reed Project claims and then southwards to the 9-7 zone VMS type mineralization. Previous to 2007 this Time-Space-Unit was virtually unknown and the area was considered to have a low mineral potential because no new deposits had been found in the area since 1974. The area is now viewed as forming a ‘superzone’ with evidence of VMS type mineralization present at several different stratigraphic levels