FR

FR

The FR property is located about 42 kilometers north of Stewart, British Columbia in the Skeena Mining Division. The property covers an area of Hazelton pyroclastic volcanic rocks that have been folded into an anticline along American Creek.

The property contains approximately 7675 hectares within 21 claims.

The property lies within a belt of Jurassic volcanic rocks extending from the Kitsault area, south of Stewart, to north of the Stikine River. This belt is host to numerous gold deposits, in a variety of geological settings, including the producing Eskay Creek and formerly producing Snip and, Premier-Big Missouri mines. Reserves have been reported from a number of other properties including Red Mountain, the Brucejack Lake area and Georgia River. In addition, exploration companies, have reported numerous gold-silver showings along this belt of rocks. At least three porphyry type deposits with either Cu-Mo, Cu-Mo-Au or Cu-Au mineralization are also present. A recent Kurko type VMS horizon has also been outlined just east of the FR claim group.

Three main types of mineralization occur on the property consisting of the following:

1. Replacement type mineralization with quartz-carbonate-barite with sulfides consisting of sphalerite, galena, chalcopyrite, pyrite and greenockite.
2. Quartz veins with abundant siderite exhibiting strong manganese stain and containing chalcopyrite, pyrite, galena and sphalerite as well as minor fine arsenopyrite and tetrahedrite.
3. Massive sulfide stringers and veins with galena, sphalerite, chalcopyrite, pyrite, and tetrahedrite in strongly carbonate altered rocks.

The main mineral showings outlined to date consist of the Barite and Coates in the replacement type, the Moonlight in the massive sulfide variety and the Lilianne and Virginia K. no. 5 in the sulfide bearing quartz type.

During 2006, total of 1307.61 meters of BTW drill core was completed in 15 separate drill holes from 2 different pads. The best silver values obtained on the Moonlight vein in DDH 2006-FR-6 and in the Coates showing follow:


In the 2006 exploration program, bonanza gold and silver mineralization was located in float boulders extending over a distance of 600 meters. Width of the vein is variable where observed in outcrop, extending from 1 to 4 meters. The following table shows the best results:


During 2010, total of 695.4 metres of BTW drill core was completed in 5 separate drill holes from one pad to test in the area of the above sample. Assay results were low for intensely altered volcanics that had numerous quartz-carbonate stockworks.

During the 2011 field season, an area that will be explored is in the vicinity of the Virginia K showings. There are at least 2 significant veins carrying high gold and silver values. In the Virginia K. no. 5 showing, mineralization is comprised of stringers of quartz with galena, sphalerite, chalcopyrite and pyrite in carbonate-altered argillite and greywacke host rocks. Grab samples of siliceous vein material assayed up to 1,177.7 grams per tonne silver from a short adit. In the 1931 Minister of Mines Annual Report it was reported that a sample assayed 9.6 grams per tonne gold, 1,522.3 grams per tonne silver and 8.01 per cent lead across 3.7 metres from one of the veins.