Location and Ownership
The Elephant project comprises 196 claims with an area of approximately 3,758 acres. It is located only a few kilometres away from historically significant mines that include Fortitude and Copper Canyon.
Geological Setting:
The property is only a few kilometres from historically significant mines that include Fortitude and Copper Canyon.
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Gravity survey conducted on the property interpreted a set of NE trending faults with NS listric faulting linking these NE faults
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Geochemical sampling in the area has also identified an anomalous hydrothermal system 37 of 62
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BHP did some drilling in the area focused on section 12 in township 30N 43E however regional drilling has been completed on the remainder of the property as well
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Depth to the paleozoic basement underlying the unconsolidated alluvial sediments is highly variable ranging from 300 - 2,700 feet
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This variability in depth and the most recent gravity survey does suggest structural complexity
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A set of NE-SW trending structures may act as a barrier to general trend that resulted in mineralization at the nearby mines
Timberline completed a Technical Report, (not a 43-101) highlighting significant Cu, Au and Ag geochemistry to the north of Elephant. This report was submitted in 2018 which included the following drilling information:
This mineralization appears to be controlled by N-S trending features and does not have the NE-SW trending fault package that bounds the northwestern sections of Elephant.
Forty drill holes have been completed on the property.
Nearby Deposits
The mining district we are located in hosts other large, economic gold, silver and copper deposits. Phoenix Mine and the Phoenix Mine Complex is a Barrick Gold & Newmont JV that reported reserves in 2018. See Teable: Reserves at December 2018
Copper King and Copper Queen mines are situated to the north and have been historic copper producers.
Marigold Mine is another major producer and is further north along the generalized trend that Phoenix and Copper Queen are hosted upon.
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