Little PIC River 64 claims Diamond/Uranium/REE & PGE Potential Property
"3 KM" south of Dianor Resources Properties in an area of Carbonatite - Kimberlite affinitie.
Available for Option
There are some significant anomaly results in regards to rare earth mineralization and Ni mineralization on the property.
Diamond Discovery North of The Little PIC River Property
Diamond Discovery & Claim Location Map
Location and Access:
The Pic River property consist of 64 contiguous unpatented mining claims, located approximately 30 kilometers west of Marathon and 2 km north of Hwy. 17. The property is readily accessible from Trans- Canada Highway 17. A trail/road cut the main part of the Property in the southern and northern section of the property.
Claims:
The PIC River property consists of 4 unpatented contiguous mining claims ( 64 units, 1024 hectare ) recorded in good standing in Thunder Bay Mining Division within the Grain Twp. Twp. G-0628 .
Claims numbers:4207527 (16), 4207528 (16), 4207529 (16), 4207572 (16)
General Property Geology
The bedrock is all of Precambrian age, but thick unconsolidated varved clays and silty sands of Pleistoncene and Recent age are found along the major drainage valleys. The Precambrian rock consist of acid and basic metavolcanics and minor metasedimentary units, intruded by serpentinite, granite, diabase, gabbro and alkalic gabbro, and syenite. The age sequence of the intrusive rocks has not been absolutely established. There is some doubt as to whether the diabase is older of younger than the alkalic intrusions and also doubt as to the position of the serpentinite in the sequence.
Rubidium-stronium age determinations on granite in the general area and on the alkalic syenite gave ages of 2,300 million years and 1,255 million years respectively. Copper-nickel and asbestos mineralization are associated with the serpentinite and copper and iron mineralization with the alkalic gabbro.
Nepheline natrolite syenites of the Coldwell alkaline complex exhibit rare wispy mafic-rich modal layering, extensive xenolith-rich zones and a wide variety of textural types, the latter resulting from the imposition of high temperature shearing and recrystallization on consolidated syenite. The textures developed range from allotriomorphic granular to porphyroclastic to mosaic granulob-lastic. The nepheline syenites are pyroxene-poor. Pyroxenes occur most commonly as corroded diopside to diopsidic hedenbergite cores surrounded by amphibole and less commonly as acmitic hedenbergite overgrowths upon cores of iron-rich amphiboles. Amphiboles are the dominant mafic phase and range from magnesian hastingsitic hornblende to hastingsite to hastingsitic hornblende to ferroedentic hornblende. Nephelines contain excess silica and have not equilibrated to compositions characteristic of low temperatures. Feldspars lack microcline twinning and perthites and have undergone extensive ion exchange at high sub-solidus temperatutes with sodium-rich fluids. Formation of late stage primary and replacement natrolite, muscovite and thomsonite is characteristic. The nepheline syenites are considered to be a part of a cycle of continental rift magmatism and to have been emplaced by cauldron subsidence as a hot hydrous magma. The rocks did not undergo long term subsolidus re-equilibration as the high temperature mineral assemblage has been preserved by uplift during post-intrusive regional block faulting. The nepheline syenites were probably dervied by extensive fractional crystallization of alkali basaltic magmas.
Marathon and Little PIC River Area Mineral Potential
The mineral potential of the Marathon area is considered high, based on the increased global demand for mineral resources together with extensive exploration activity within the Proterozic Coldwell Alkaline Complex (Coldwell Complex) and surrounding Archean Hemlo/Schreiber greenstone belts.
Most of the recent mineral exploration in the Coldwell Complex has focused on Cu-PGM+/-Au deposits hosted in the peripheral gabbro ring of the Coldwell Complex. Gabbroic rocks occur continuously for over 20 km along the eastern and northern margins of the Coldwell Complex. Additionally, smaller portions of gabbro occur within the central Coldwell Complex and discontinuously along the southwestern margin (Good and Crocket 1994). Occurrences of rare metal (Nb, U, Zr, Th, and rare earth elements), building stone, industrial minerals and semigemstones occur within the syenitic rocks throughout the Coldwell Complex (Walker et al. 1993). Marathon PGM Corporation (Marathon PGM) and Benton Resources Corporation (Benton) have significant mineral exploration projects along the eastern and northeastern margin of the Coldwell Complex. Exploration companies actively exploring the Archean metavolcanic rocks immediately surrounding the Coldwell Complex include: (i) Pelangio Mines Incorporated; (ii) Benton Resources Incorporated; (iii) Phoenix Matachewan Mines Limited; and (iv) MetalCORP Limited. Additionally, local prospectors have key properties for option within the Coldwell Complex and in the surrounding greenstone belts.
Marathon PGM has the most advanced Cu-PGM+Au project within the Coldwell Complex. Mineralization occurs in the Two Duck Lake Gabbro, located on the eastern margin of the Coldwell Complex. In 2007, the company completed a drill program consisting of 180 holes for a total of 40,000 m (News Release, Marathon PGM Corporation, October 24, 2007). New results from a fence of drill holes (M-07-403, 405, 406, 410, & 417) collared outside the western margin of the existing resource intersected wide intervals of mineralization, up to 120 m, grading 0.97 g/t PGM+Au & 0.35% Cu (ibid). Marathon PGM is moving forward with a feasibility study and expects the results from the 2007 drilling will significantly increase the current mineral resource. An updated resource estimate is expected in November 2007. The current reported measured and indicated resource estimates, completed in early 2007, by P&E Mining Consultants Incorporated reported a Measured Resource of 39.2 million tonnes containing 1.6 million ounces of PGM+Au and 285 million pounds of copper and Indicated Resource of 28.9 million tonnes containing 1.1 million ounces of PGM+Au and 178 million pounds of copper (NI 43-101compliant). Benton’s Bermuda property is situated on the northwest strike extension of the Marathon PGM deposit. To date, Benton has completed 66 diamond drill holes, covering a strike length of 15 km. Benton’s 2007 exploration activity of 11 diamond drill holes totalling approximately 6000 m out of a 10 000 m diamond drill program have been completed. Highlights from recent drilling in the Bamoos Lake area, approximately 100 m north of the Marathon PGM project, returned assays from drill holes BO-07-48 and BO-07-54 grading up 1.91 g/t PGM, 0.31% Cu over 33 m and
2.19 g/t PGM, 0.31% Cu over 23.5m respectively (News Release, Benton Resources Corporation, September 10, 2007). Benton is anticipating an additional 10 000 m of diamond drilling for the Sally Lake and Area 41 targets, situated 14 km north west of the Bamoos Zone. In the central portion of the Coldwell Complex, the Geordie Lake palladium-copper property currently owned by L.E.H. Ventures Incorporated (LEH) reported a resource from four mineralized zones within the Geordie Lake gabbro. Independent consultants for LEH; Giroux and Stanley (2002) estimated an indicated resource of 24.4 million tonnes averaging 0.326% Cu, 0.537 g Pd/t, 0.007% Co, 0.011% Ni, 0.030 g Pt/t, 2.52 g Ag/t and 0.04 g Au/t and an additional 5.4 million tonnes of Inferred material at an average grade of 0.36% Cu, 0.626 g Pd/t, 0.007% Co, 0.012% Ni, 0.04 g Pt/t, 3.04 g Ag/t and 0.05 g Au/t (NI 43-101 compliant). E.C. Walker et al (1993) in an Open File Report 5868, Precambrian Geology of the Coldwell Alkalic Complex, reported several other Cu-PGE occurrences hosted by gabbro occur in the central and western portion of the Coldwell Complex. The Willie Lake occurrence located in the northern central portion of the Coldwell Complex returned grades up to 1.42% Cu over 6 m, reported from 1962-63 drilling by Head of the Lakes Iron Mine Ltd. (p.3). Along the western margin of the Coldwell Complex, grab samples collected by Walker’s field crew returned copper grades up to 0.70% (1993, p.4). Additionally, Walker reported four types of rare metal (Nb, U, Zr, Th, and rare earth elements) occurrences are found in pegmatite’s associated with amphibole syenite. Building stone (syenite) has been sporadically extracted for over 100 years. Nepheline, an industrial mineral, has been explored during the 1950s to 1970s in three locations within the Coldwell Complex: Red Sucker Cove, Port Coldwell and Pic Island. Other notable rare metal and rare earth element occurrences are the Dead Horse Creek and McKellar Diatremes, located within the western metamorphic-contact-aureole of the Coldwell Complex (Sage, 1982, 1991, 1995). Smyk et al. 1993 reported assays ranging up to 11.6% Zr, 0.6% Be, 2.5% Th, 250 ppm Sc, 1850 ppm Y, 300 ppm Nb, 903 to 1004 ppm HREE and 4600ppm U (ibid).
Recommendations
Because of the favorable stratigraphy on the property in regards to the rare earth and the Nickel anomalies on the property farther prospecting is recommended. Farther prospecting is also recommended do to the favorable stratigraphy on the property in regards to Kimberlite. I found an unusual diamondiferous type of lamprophyre dyke that is about 3 km north of the Little PIC River property and contained over 60 macro diamonds and 8 commercial seized diamonds. Circular magnetic anomalies and KIM indicator minerals exciting on the Little PIC River property. Prospecting is highly warranted within the area in regards to locating kimberlite pipes and dikes.
Part of the PIC River Property was part covered by a high resolution helicopter airborne magnetic and electromagnetic geophysical survey as part of the Ontario Geological Survey, Treasure Hunt program. This survey outlined a number of circular anomalies which look similar to the signature of kimberlite pipes. We investigated some of the circular anomalies and found that these anomalies need to be drilled since the anomalies are under swamps and overburden.
The Ontario Geological Survey
The Ontario Geological Survey carried out a kimberlite indicator mineral sampling program in the Marathon area following the success of a similar sampling program elsewhere. The sampling returned a number of kimberlite indicator minerals and seven areas and six individual anomalies were identified with potential for diamond mineralization. The property is strategically located on the basis of these results. The sampling was limited in scope and of insufficient density to establish the provenance of the indicator mineral anomalies. In addition, not enough is known about the glacial transport history to determine the proximity of the kimberlite source rocks. The PIC River Property was also covered by a high resolution helicopter airborne magnetic and electromagnetic geophysical survey as part of the Ontario Geological Survey, Treasure Hunt program. This survey outlined a number of circular anomalies which look similar to the signature of kimberlite pipes.
The upper part of the Little Pic River area may a good place to explore for kimberlite for several reasons. These include: 1) there are not one, but 3 sites that have a strong KIM signature while other sites around them do not; 2) each site consists of more than one KIM type; 3) the river does cut to bedrock; 4) all 3 sites are located at a major intersection between structures associated with the TSTZ and the Killala Lake Deformation Zone; and 5) there are a number of magnetic anomalies (bull's - eyes) immediately up-ice from the sites as illustrated on magnetic maps (Geological Survey Canada 1963).
Regional Structural Setting Recommendations for
Map & Report Regional Exploration
Sample site with anomalous Sample sites with anomalous geochemical
geochemical Kimberlite signatures rare elements Carbonatite signatures
Little PIC River Claim Location
Little PIC River Property - Kimberlite Target From Air Photo
Prospecting on the Little PIC River Property
Prospecting on the Little PIC River Property