Resource World Magazine

18 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 2 0 Smithers during the boom years. You could fly up for a property tour and be back in Vancouver the same day. So, it's not that remote or isolated as people think." "We simply need to get the flow of positive drill results coming for the 2020 exploration program and find the limits to the Goldstorm system. Once we have that we can begin our resource estimates," said Konkin. Konkin believes the Golden Triangle has potential to host a variety of different types of major mineral deposits. "The Golden Triangle is best characterized by a series of Jurassic-age intrusive-related hydro- thermal precious and base metal deposits. These are sandwiched between two VMS (volcanogenic massive sulphide) events," said Konkin. "The older event is the upper Triassic Granduc copper-rich VMS deposit. The other event, clearly, is the upper Jurassic Eskay Creek gold-silver VMS. Broadly, the intrusive-related deposits include Snowfield, KSM, Galore Creek, Red Chris, Silback-Premier, Valley the of Kings, Scottie Gold, Snip and various other vein deposits throughout the Golden Triangle." Konkin adds "We too have signs of a VMS target on the Triassic-Jurassic contact at Treaty Creek, but this target has taken a back-seat in priority due to the success of our 2019 drill results at Goldstorm." When I mentioned intrusive-related deposits and occurrences, these include porphyry-type models with their periph- eral vein and stockwork systems. The Goldstorm system fits that model as well as the KSM and Snowfield deposits. Clearly, the Triangle holds potential for discovery of very large bulk-tonnage open-pit targets as well as high-grade underground targets. Konkin said that one of the most signifi- cant aspects with the Goldstorm system is that the hanging wall contact is a thrust fault that appears to either be an extension of the Sulphurets Thrust Fault or a splay from that thrust fault – which is probably the same thrust fault that forms the hang- ing wall contact for the Iron Cap deposit at Seabridge located just six kilometres southwest of Goldstorm. The Snowfield deposit also has thrust fault aspects that act as controlling parameters to its mineralization. "There are several components that are com- mon between the deposits within the Sulphurets Camp," said Konkin. "The important aspect that may lead to the potential discovery of other "blind" or hidden deposits within Treaty Creek and throughout the Golden Triangle is for the technical teams to really under- stand the structural and geological controls to the precious and base-metal systems. Companies then need to position themselves on the pathways of these min- eralized trends such as Pretium Resources, Seabridge Gold and Tudor Gold Corp have done. Sounds easy, doesn't it?" n KEN KONKIN

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