Resource World Magazine

Resource World - October-November 2018 - Vol 16 Issue 6

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O C T O B E R / N O V E M B E R 2 0 1 8 www.resourceworld.com 7 S GOLDEN TRIANGLE Sitting in your comfy chair at home or at the office, it's hard to grasp the immen- sity of the region in northwestern British Columbia known as the Golden Triangle. Sandwiched between the Alaskan Panhandle and the Coast Mountains of BC, the Golden Triangle is about 370 km north-south and 200 km east-west, a vast mountainous terrain that happens to host one of the world's most prolific concentra - tions of mineral wealth. Although mineral deposits in the region have been known since the 1860s, due to the rugged terrain, rising and falling com- modity prices and lack of infrastructure, it has not been until recently that explora- tion on a grand scale has taken place. However, there are also a number of notable past-producing mines, including the Premier, Big Missouri, Granduc, Snip and the fabulously rich Eskay Creek silver- gold mine. In a landscape that can only be described as awesome, some of the old tim - ers utilized horses and tram lines that ran down the steep mountain slopes. It was gruelling work just to get to the mineral prospect. Nowadays, of course, one can arrive quickly and easily by helicopter. In addition, road access is slowly opening up the region and power has arrived in some places. Today, there are two producing mines in the Golden Triangle: the Brucejack Mine of Pretium Resources Inc. [PVG-TSX, NYSE] and the Red Chris Mine of Imperial Metals Corp. [III-TSX; IPMLF-OTC]. Aben Resources Ltd. [ABN-TSXV; ABNAF-OTC; E2L-FSE] reported drill results from the Forrest Kerr Project. Results continue to reveal near-surface high-grade gold mineralization at the Boundary Zone and demonstrate potential for new discoveries. For step-out drilling at the North Boundary Zone, most of the holes intersected shallow, high-grade gold min - eralization. Highlights include: 5.08 g/t gold over 12.0 metres in hole FK18-12; 23.3 g/t gold over 2.0 metres in hole FK18-13; and 10.62 g/t gold over 3.0 metres in hole FK18-17. To date, final analytical results have been received for 3,000m of a total projected 10,000 metres. The step-out drilling expanded the North Boundary Zone along an inter - preted NE-SW trend from the high-grade gold reported last year in holes FK17-04, 05, and 06 as well as in FK18-10 which intersected 38.7 g/t gold over 10.0 metres, including 62.4 g/t gold over 6.0 metres starting at 114 metres downhole. Alianza Minerals Ltd. [ANZ-TSXV] has optioned the KRL property near the junction of McLymont Creek and the Iskut River, adjacent to Aben Resources' Forrest Kerr gold project and about 5 km from the McLymont Creek and Forrest Kerr power generation plants. Road access is less than 2 km from the property boundary. Earlier channel samples, collected on one-metre spacings, yielded 56.01, 35.93, 122.86, 194.23 and 64.04 g/t gold over 50 to 70 cm. Apex Resources Inc. [APX-TSXV; SLMLF-OTC; RZN-FSE] holds the eastern Eldorado, central Cloud property and the western Wild property north of Stewart. Ascot Resources Ltd. [AOT-TSXV] has a business strategy somewhat different than other Golden Triangle explorers. Its plans call for rehabilitating its Premier Mine mill and feeding it ore from three past-pro - ducing mines, namely the Premier, once North America's largest gold mine, the Big Missouri and the Silver Coin. LEFT: Diamond drill core is awaiting Yellowhead helicopter transport from Strikepoint Gold's Port- Idaho Project near Stewart, British Columbia. The Kate Ryan glacier is in the distance. Photos by Ellsworth Dickson. RIGHT: Rob McLeod, President and CEO of IDM Mining, shows off the 10 g/t gold mineralization underground at the Red Mountain Mine.

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