northaven announces exciting geophysical results for its allco gold-silver property

Post on 19-Jan-2017

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“Uncovering what others overlook.”

ALLCO PROPERTY

Results of Z-TEM Airborne Geophysical Survey

Presented by Allen D. Leschert, CEO and Malcolm B. Fraser, President & Chief Geologist,

Northaven Resources Corp.

Agenda

• Speaker Introductions (5 mins)• The Allco Project (5 mins)• Review of ZTEM airborne survey (15 mins)• Conclusions (5 mins)• Q&A

Let’s get started!

Who we are

• Allen Leschert– CEO of Northaven Resources

• Malcolm Fraser– President and Chief Geologist of

Northaven Resources• Ken Witherly

– President of Condor Consulting

Leading technology. Leading experts.

Allco Project• Chosen for location, geology, geometry

(potential for large scale), proximity to known mineralization (J&L 1.2m oz Au deposit 3.2km north): a prime target for large scale gold and silver deposits, yet relatively unexplored.

• Flew 1,354 line kilometres of geophysics on Allco using Geotech’s Z-TEM AFMAG system.

• Identified large, sub-surface linear anomalies which correlate strongly to known mineralization, extend over large distances, and offer multiple large scale gold/silver targets

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Allco Project –

(Dump at Allco Silver Workings)

Geology• Strata-bound polymetalic mineralization

deposited in sediments (the “Badshot” Limestones) intruded by hydrothermal fluids

• Deposited in 2 phases:– #1: Lead/zinc/silver (Ag grades nil to 3000+g/t)– #2: copper/gold (Au grades nil to 7+ g/t)

• Structurally controlled; Nw-Se trending• Model: SEDEX/MVT and/or Irish Exhalative

(tend to host very large targets)

Map showing extensive occurrence of Badshot Limestone, interpreted fault structures and proximity to Huakan’s J&L 1.2m oz gold/silver deposit

Multiple former mines/Gold/silver showings within property

Model: Sedex- Type Deposits

Allco Property (Laforme Creek) –

Rugged Topography Creates Challenges for Exploration

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Geological Implications• Strong evidence of large common plumbing

system• Close correlation between sub-surface

mineralizing source, geophysical linears and known surface mineralization

• 34 +km linears offer excellent multiple gold/silver targets with large tonnage potential

• Future exploration –directed prospecting, mapping, selective geophysics, drilling

Multiple Large Exploration Targets Identified

Conclusions• Strong correlation between geophysical

anomalies and known mineralization• 34+ km linear trends offer multiple large scale

gold/silver targets • Common plumbing system; J&L gold deposit

clearly associated Western Trend on Allco• Allco is highly prospective for discovery of

large scale gold/silver mineralization

“Uncovering what others overlook.”

Thank you for your time!

Please visit www.northavenresources.com for information on projects and our team.

Presented by Allen Leschert, CEO and Malcolm Fraser, President and Chief Geologist

Northaven Resources Corp.

Have questions? Like more information? Call us at 604 696-3600

Twitter: @northavencorp

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