West Cirque Acquires Kalum Copper-Gold-Silver Project
14 3월 2014 - 3:37AM
Access Wire
Vancouver, B.C. / ACCESSWIRE / March 13, 2014 / West Cirque Resources Ltd.
(WCQ: TSX.V) has acquired 100% of the Kalum
copper-gold-silver (Cu-Au-Ag) project located 32 kilometers north
of Terrace, northwestern B.C. Copper-gold-silver mineralization at
Kalum includes a number of showings over a north-south trend of 755
meters. Two of the showings (North and South Adit) have been
explored by shafts, trenches and adits dating to the early 1900's,
while several others were exposed by road building during the
1980's. Mineralization consists of bornite and chalcopyrite
disseminations, clots and veinlets with free gold as well as
multi-generational quartz and quartz-sulfide stringers and
veinlets, and magnetite and specular hematite veinlets, lenses and
layers. Historical grab sample assays include values up to 9.47%
Cu, 32.8 grams per tonne (g/t) Au and 54.4 g/t Ag. Kalum has
excellent road access from Highway 16 at Terrace.
Mineralization is
hosted by Early Jurassic Hazelton Group mafic to intermediate
volcanic rocks and calcareous tuff. These rocks have been affected
by at least two phases of deformation and exhibit penetrative
ductile fabrics and recumbant folds. The most deformed rocks are
described as biotite-chlorite schist, muscovite (sericite) schist,
and biotite gneiss. Alteration associated with mineralized zones
includes variable amounts of silica, epidote, chlorite and
sericite.
Historical rock
sample assays are mainly from four showings: the North Adit and
South Adit, the Road showing and the South Ditch showing. Numerous
other mineral occurrences (malachite, bornite, chalcopyrite) are
plotted on historical geology maps but metal grades have not been
documented. All historical rock samples with documented Cu, Au and
Ag assays are listed in the table attached. Note that all of these
samples are grab samples or narrow chip samples of rock containing
some mineralization or alteration, and no inference can be made of
the average grade of a larger volume of rock.
--------------------------------------------------------------------
|Sample |Source |Cu % |Au |Ag |Area |
| | | |g/t |g/t | |
|------------------------------------------------------------------|
|7780 |Lambert, 1986|0.200 |0.249 |4.0 |N end of property |
|------------------------------------------------------------------|
|7783 |Lambert, 1986|1.540 |0.809 |26.4 |N end of property |
|------------------------------------------------------------------|
|4 |Weymark, 1981|0.130 |0.933 |0.6 |North adit |
|------------------------------------------------------------------|
|5 |Weymark, 1981|0.010 |0.093 |5.6 |North adit |
|------------------------------------------------------------------|
|A |Weymark, 1981|0.010 |10.574|86.5 |North adit |
|------------------------------------------------------------------|
|B |Weymark, 1981|0.460 |3.359 |19.3 |North adit |
|------------------------------------------------------------------|
|C |Weymark, 1981|0.010 |1.306 |10.0 |North adit |
|------------------------------------------------------------------|
|K-2 |Schroeter, |0.071 |<0.300|ND |North adit |
| |1984 | | | | |
|------------------------------------------------------------------|
|K-4 |Schroeter, |0.005 |<0.300|ND |North adit |
| |1984 | | | | |
|------------------------------------------------------------------|
|K-6 |Schroeter, |0.083 |0.700 |ND |North adit |
| |1984 | | | | |
|------------------------------------------------------------------|
|K-9 |Schroeter, |0.025 |0.300 |<10 |North adit |
| |1984 | | | | |
|------------------------------------------------------------------|
|7784 |Lambert, 1986|0.750 |7.246 |11.2 |North adit |
|------------------------------------------------------------------|
|7785 |Lambert, 1986|0.380 |2.084 |5.9 |North adit |
|------------------------------------------------------------------|
|7786 |Lambert, 1986|9.470 |32.779|54.4 |North adit |
|------------------------------------------------------------------|
|7787 |Lambert, 1986|1.640 |7.962 |23.0 |North adit |
|------------------------------------------------------------------|
|33731 |Lambert, 1989|0.005 |0.010 |0.5 |North adit |
|------------------------------------------------------------------|
|33733 |Lambert, 1989|0.831 |8.200 |17.8 |North adit |
|------------------------------------------------------------------|
|33735 |Lambert, 1989|0.013 |0.320 |0.6 |North adit |
|------------------------------------------------------------------|
|33737 |Lambert, 1989|0.016 |0.760 |0.5 |North adit |
|------------------------------------------------------------------|
|H |Weymark, 1981|0.010 |0.062 |0.6 |Between N and S adits|
|------------------------------------------------------------------|
|2 |Weymark, 1981|0.340 |17.167|15.2 |South adit |
|------------------------------------------------------------------|
|3 |Weymark, 1981|0.480 |12.502|14.9 |South adit |
|------------------------------------------------------------------|
|6 |Weymark, 1981|1.610 |13.373|42.6 |South adit |
|------------------------------------------------------------------|
|7 |Weymark, 1981|0.210 |0.156 |1.2 |South adit |
|------------------------------------------------------------------|
|D |Weymark, 1981|0.190 |3.234 |9.3 |South adit |
|------------------------------------------------------------------|
|E |Weymark, 1981|0.010 |0.684 |5.6 |South adit |
|------------------------------------------------------------------|
|F |Weymark, 1981|0.500 |14.928|17.7 |South adit |
|------------------------------------------------------------------|
|G |Weymark, 1981|0.010 |0.124 |0.6 |South adit |
|------------------------------------------------------------------|
|I |Weymark, 1981|0.980 |6.842 |20.5 |South adit |
|------------------------------------------------------------------|
|J |Weymark, 1981|0.440 |4.354 |10.3 |South adit |
|------------------------------------------------------------------|
|K-11 |Schroeter, |0.780 |0.300 |14.0 |South adit |
| |1984 | | | | |
|------------------------------------------------------------------|
|7788 |Lambert, 1986|1.050 |9.206 |26.4 |South adit |
|------------------------------------------------------------------|
|7789 |Lambert, 1986|0.390 |5.474 |20.8 |South adit |
|------------------------------------------------------------------|
|33725 |Lambert, 1989|0.017 |0.040 |0.2 |South adit |
|------------------------------------------------------------------|
|33726 |Lambert, 1989|0.515 |2.460 |18.4 |South adit |
|------------------------------------------------------------------|
|33727 |Lambert, 1989|0.890 |2.080 |11.3 |South adit |
|------------------------------------------------------------------|
|33728 |Lambert, 1989|0.034 |0.010 |0.2 |South adit |
|------------------------------------------------------------------|
|33730 |Lambert, 1989|0.008 |0.020 |0.2 |South adit |
|------------------------------------------------------------------|
|33732 |Lambert, 1989|0.005 |0.030 |0.2 |South adit |
|------------------------------------------------------------------|
|33734 |Lambert, 1989|0.024 |0.120 |0.7 |South adit |
|------------------------------------------------------------------|
|33736 |Lambert, 1989|0.429 |5.400 |15.5 |South adit |
|------------------------------------------------------------------|
|MMI04-50-5|Mihalnyuk, |0.315 |6.152 |8.0 |South adit |
| |2005 | | | | |
|------------------------------------------------------------------|
|K-12 |Schroeter, |1.080 |<0.300|10.0 |Road showing |
| |1984 | | | | |
|------------------------------------------------------------------|
|K-13 |Schroeter, |4.800 |4.100 |100.0|Road showing |
| |1984 | | | | |
|------------------------------------------------------------------|
|Sample |Source |Cu % |Au |Ag |Area |
| | | |g/t |g/t | |
|------------------------------------------------------------------|
|7781 |Lambert, 1986|0.840 |6.158 |11.5 |Road showing |
|------------------------------------------------------------------|
|7790 |Lambert, 1986|1.220 |6.966 |29.9 |Road showing |
|------------------------------------------------------------------|
|7791 |Lambert, 1986|0.340 |0.871 |7.2 |Between S |
| | | | | |Adit and S |
| | | | | |Ditch |
|------------------------------------------------------------------|
|7792 |Lambert, 1986|0.500 |3.110 |9.6 |South ditch |
|------------------------------------------------------------------|
|7793 |Lambert, 1986|0.390 |1.120 |6.2 |South ditch |
|------------------------------------------------------------------|
|7794 |Lambert, 1986|0.240 |1.866 |5.6 |South ditch |
|------------------------------------------------------------------|
|7782 |Lambert, 1986|0.230 |<0.062|2.5 |Unknown location |
|------------------------------------------------------------------|
|K6925-1 |Lambert, 1986|0.252 |0.325 |2.3 |Unknown location |
|------------------------------------------------------------------|
|K6925-2 |Lambert, 1986|>1.000|1.700 |33.0 |Unknown location |
|------------------------------------------------------------------|
|K6925-3 |Lambert, 1986|>1.000|53.057|54.0 |Unknown location |
|------------------------------------------------------------------|
|K6925-4 |Lambert, 1986|>1.000|31.224|62.0 |Unknown location |
|------------------------------------------------------------------|
|33729 |Lambert, 1989|0.012 |0.130 |4.9 |Unknown location |
--------------------------------------------------------------------
The Kalum
mineralized trend has only been tested by seven shallow drill holes
(1985 and 1987) totalling 348 meters. Drill hole depth ranges from
13 to 101 meters. Historical core sampling and assaying was very
limited, with numerous intervals of veining, alteration and
mineralization left unsampled. The best drill intersection was from
K87-3, a hole drilled in the North Adit area which was abandoned at
26 meters depth. This hole intersected an interval of
quartz-bornite-chalcopyrite, specular hematite and magnetite veins
averaging 12.17 g/t Au, 8.1 g/t Ag and 0.41% Cu over 1.87
meters.
Historical assays
have not been verified by West Cirque but have been cited from
sources believed to be reliable. West Cirque intends to conduct an
initial site visit to Kalum in June or July 2014 in order to verify
historical assays and document the style and extent of
mineralization and potential deposit model. West Cirque's
disclosure of a technical or scientific nature in this news release
has been reviewed and approved by John Bradford, M.Sc., P.Geo. and
V.P. Exploration and Director for West Cirque Resources, who serves
as a Qualified Person under the definition of National Instrument
43-101.
About
West Cirque Resources Ltd.
West Cirque is a mineral
exploration company focused on creating shareholder wealth by
identifying, acquiring and defining resources in world class
precious and base metal projects in the North American
Cordillera.
West
Cirque Resources Ltd.
Steve Vanry, CFA
President
(604) 558-4604
svanry@westcirqueresources.com
www.westcirqueresources.com
Neither TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this
release.
West Cirque Resources Ltd (TSXV:WCQ)
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West Cirque Resources Ltd (TSXV:WCQ)
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