Wawa-Holdsworth Gold & Silver Project€¦ · 3 Wawa-Holdsworth Gold & Silver Project Location Map Wawa Area, Ontario July 2016 Wawa -Holdsworth Gold & SilverProject
Post on 20-Jun-2018
226 Views
Preview:
Transcript
Wawa-Holdsworth
Gold & Silver Project
Oxide Sands, Sulphide and Quartz
Vein Potential
Wawa AreaNorthern Ontario
Canada
2 www.noblemineralexploration.com
FORWARD-LOOKING STATEMENT
Certain statements contained in this presentation that are forward-
looking in nature are based on the current beliefs and assumptions
of the Company’s management.
When used in this presentation, the words "may," "could,"
"should," "anticipate," "believe," "estimate," "expect," "intend,"
"plan," "predict," and similar expressions and their variants may
be used to identify forward-looking statements. Such statements
are valid only as of today, and we disclaim any obligation to update
this information.
These statements are subject to known and unknown risks and
uncertainties that may cause actual future experience and results
to differ materially from the statements made. These statements
are based on our current beliefs and expectations as to such
future outcomes.
July 2016
3 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Location Map
Wawa Area, Ontario
July 2016
Wawa -Holdsworth
Gold & SilverProject
4 www.noblemineralexploration.com7/28/2016
Wawa-Holdsworth Gold & Silver Project
Regional Geology Map
Slide courtesy of Red Pine Exploration
Michipicoten
Greenstone
Belt – host of
past and
current Au
Producers
5 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Wawa District Gold Deposits
July 2016
Geology from Ontario Geological Survey (OGS) open file MRD 126; Showing and deposit locations from OGS
Mineral Deposit Inventory
Wawa-Holdsworth
Gold & Siiver Project
6 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold & Silver Project
Adjacent Mines & Deposits
Wawa-Holdsworth
Gold & Silver Project
7 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold & Silver Project
Regional Geology Map
Slide courtesy of Red Pine Exploration
Wawa-Holdsworth
Gold & Silver Project
8 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Regional Magnetic Map
Wawa –Holdwsorth
Gold & Silver Project
WAWA
9 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold &
Silver Project
Wawa-Holdsworth Gold & Silver Project
Property Location Map
Slide courtesy of Red Pine Exploration
10 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold & Silver Project
Google Map
Slide courtesy of Red Pine Exploration
Trans Canada
Hwy
Wawa
Airport
Island Gold
Wawa-Holdsworth
Gold & Silver Project
Red Pine
Wawa Project
11 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold & Silver Project
Regional Infrastructure Map
Slide courtesy of Red Pine Exploration
Wawa-Holdsworth Gold
& Silver Project
12 www.noblemineralexploration.com
Size:19 Contiguous patented mining claims covering approx. 304 hectares (760 acres),
16 claims in Corbiere Township and 3 claims in Esquega Township in the Wawa area
of Ontario
Net Interest : 100% owned
Project Description:The Holdsworth Property has the potential to host Gold and Silver mineralization
within 3 distinct geological environments :-
1) Gold & Silver in traditional quartz veins – “the Soocana Vein”
2) Gold & Silver in a weathered oxidized pyrite (Oxide Sand Zones) and
3) Gold & Silver in massive pyrite zones at depths
All three Gold & Silver prospects occur within Archean aged mafic to intermediate
metavolcanic rocks of the Michipicoten Greenstone Belt.
Noble extended the Soocana Vein System (using mapping and sampling) from a
strike length of approx. 300m to approx. 750m. The vein varies in width from 0.5m to
2.5m
July 2016
Wawa-Holdsworth Gold & Silver Project
Project Description
13 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Property Magnetic Map
7/28/2016February, 2012
Interpreted Oxide Sand Zones
14 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold & Silver ProjectProperty Geology Map
Showing
Oxide Sands Zones
15 www.noblemineralexploration.com
400m
Soocana
QuartzVein.
ACR Railway
SpurEnbankment
VLF Conductor
Claim Boundary
Au Pyrite Zone
Au Quartz Vein
access road
West Pyrite
Zone
East Pyrite
Zone
Mafic-Felsic Contact
AuAu
Au
July 2016
Wawa-Holdsworth Gold & Silver ProjectMap Showing
Oxide Sands, Pyrite Zone & Quartz Vein Deposits
16 www.noblemineralexploration.com
Au in Oxide
Width 2-10m
Depth +8m
Grade Avg. 3.7 gpt
0.108 optFELSIC
VOLCANICSMAFIC
VOLCANICS
MASSIVE
PYRITE
overburden overburden
Au in Sulphide
Falconbridge 1983
5.14 gpt / 1.5m
0.15 opt / 4.9 ft
VLF Conductor
3.7 gm Au/tonne
Over 3.0m
3.7 gm Au/tonne
Over 2.8 m
LEGEND
SURFACE TRENCH
PYRITE ZONE
400 m
Wawa-Holdsworth Gold & Silver Project Plan and Cross Section of
Oxide Sands & Sulphide Zone
July 2016
17 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project1933 Drill Plan – Soocana Gold Quartz Veins
July 2016
18 www.noblemineralexploration.com
History Status:
A drill program was completed to test and evaluate the entire 750m strike length of
the Soocana Vein System - over 3,000m of NQ size core was drilled in the 2008
program - all but one of the 34 holes drilled to date intersected what is believed to
be the Soocana Vein System.
Gold and Silver assay results from surface samples taken from across the vein
returned Au values from 1.08 g/t to 42.5 g/t and Ag values from <0.2 g/t to 83.1 g/t
Chip sample (20447) taken over 4m returned 42.5 g/t Au & 19.0 g/t Ag
Chip sample (20452) taken over 7m returned 3.18 g/t Au & 83.1 g/t Ag
Additionally, sample results from across the Oxide Sands Zone have returned Au
values from 0.22 g/t to 5.62 g/t and Ag values from 7.1ppm to 45.5 g/t
July 2016
Wawa-Holdsworth Gold & Silver Project
History
19 www.noblemineralexploration.com
Gold/Silver: Holdsworth Property, Wawa Area, Ontario
• 100% interest in 19 contiguous patented claims covering 304 hectares
approx. (~760 acres). in S. Corbiere Township and N. Esquega Township.
• Noble has extended the Soocana QV Vein System (using mapping and
sampling) from a strike length of approx. 300m to approx. 750m. The vein
varies in width from 0.5 m to 2.5m.
• A 34-hole drill program was completed on the Soocana Vein and a total of 340
kg of material from the Oxide Sands Zones was sent to SGS Lakefield to
metallurgical testing. Gold recoveries ranged form 62% - 90% in a 48-hour
agitated cyanide leach test. A separate metallurgical test by Walsh returned
97.82% Au recovery in a 48 hours cyanide leach test.
July 2016
Wawa - Holdsworth Gold Project
History
20 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Oxide Sands Zone Test Pit
July 2016
Noble intends to carry out a 2,000m auger drill program on the
Oxide Sands Zone, projected to begin late fall 2016.
21 www.noblemineralexploration.comJuly 2016
Wawa-Holdsworth Gold & Silver Project
Oxide Sands Zone Test Pit
22 www.noblemineralexploration.com
Sample # Au
g/mt
Ag
g/mt
Location Sample
Weight
20333
20334
20359
20360
20361
20362
20363
20364
20365
1.90
0.42
1.12
0.22
1.19
5.02
4.16
0.34
5.62
7.1
13.4
24.3
25.5
35.9
45.5
28.2
13.3
44.6
L800+05E:331+480N
L800+10E:331+480N
L801+00E:331+460N
L801+00E:331+465N
L801+00E:331+470N
L800+11E:331+475N
L800+11E:331+475N
L801+00E:331+475N
L801+00E:331+475N
4kg
4kg
4kg
4kg
4kg
4kg
4kg
4kg
4kg
Wawa-Holdsworth Gold & Silver Project
Oxide Sands Sample Results
July 2016
23 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Oxide Sands Zone Potential
• "oxidized cap" – up to 10 meters thick carrying Au (gold) and Ag (silver) with an average grade
of 4.8gt gold equivalent in an oxide sand amenable to bulk stripping overlying a large sulfide
zone;
• total of 2 x 2200 meter zones potential with an average width of 8 meters and depth of up to 10
meters identified by ground magnetics on the Wawa-Holdsworth ground;
• "measured resource" A + B – 15,800 tonnes @ 3.605g/t (0.116 oz/t);
• "inferred resource" A + B – 14,900 tonnes @ 2.691 g/t (0.089 oz/t);
• "inferred resource" C, D, E – 24,000 tonnes – grade undetermined;
• additional potential tonnage of 550,000 tons of oxide sands with an average grade of 4.8g/t (0.15
oz/t) gold equivalent (75-80,000ozs. Au);
• additional tonnage on the Sage ground on strike to the East could potentially be
optioned/acquired;
• mill capacity may be available for custom milling; preliminary tests have been completed with
excellent recoveries; metallurgical tests indicate 62.8% to 98.7% recovery in cyanide leach.
• potential gross value (pre discount and costs);
15,800 x 3.605/31 = 1,837ozs @ US$1350/oz = $2,479,950 or ~Cdn$1725 = $3,168,825
14,900 x 2.619/31 = 1,293ozs @ US$1350/oz = $1,745,550 or ~Cdn$1725 = $2,230,425
24,000 x 2.500/31 = 1,935ozs @ US$1350/oz = $2,612,250 or ~Cdn$1725 = $3,337,875
• potential in situ value of ~75,000 ozs @ ~Cdn$1725 = ~$129,375,000
July 2016 Historical Results - non NI43-101 Compliant
24 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
1933 Drill Results
Holes 1 – 4 Soocana Quartz Vein
Hole # 1 Long Ton Short Ton
10’ @ 0.4 oz Au/ton
4’ @ 0.61 oz Au/ton Average Grade -16.0 g/t Au/4.3m (14.2 g/t)
Hole # 2
14’ @ 0.38 oz Au/ton
2’ @ 0.12 oz Au/ton Average Grade - 11.9 g/t Au/4.9m (10.6 g/t)
Hole # 3
6’ @ 0.36 oz Au/ton5’ @ 0.56 oz Au/ton Average Grade - 15.5 g/t Au/3.4m (13.8 g/t)
5’ @ 0.33 oz Au/ton
6’ @ 0.60 oz Au/ton Average Grade - 16.4 g/t Au/3.4m (14.6 g/t)
Hole # 4
3’ @ 0.30 oz Au/ton
5’ @ 0.46 oz Au/ton Average Grade - 13.7 g/t Au/2.4m (12.2 g/t)
July 2016Historical Results - non NI43-101 Compliant
25 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
1933 Drill Results
Holes 5 & 6 Soocana Quartz Vein
Hole # 5 Long Ton Short Ton6’ @ 0.63 oz Au/ton
3’ @ 0.21 oz Au/ton
3.5’ @ 0.06 oz Au/ton Average Grade - 12.7 g/t Au/3.8m (11.3 g/t)
4’ @ 0.62 oz Au/ton
10’ @ 0.01 oz Au/ton Average Grade - 6.3 g/t Au/4.3m (5.6 g/t)
Hole # 610’@ 0.21 oz Au/ton
10’@ 0.12 oz Au/ton
4’ @ 0.01 oz Au/ton Average Grade - 4.8 g/t Au/7.3m (4.3 g/t)
7’ @ 0.16 oz Au/ton
7’@ 0.71 oz Au/ton
10’@ 0.06 oz Au/ton10’ @ 0.04 oz Au/ton
4’@ 0.68 oz Au/ton
9’@ 0.06 oz Au/ton
5’ @ 0.04 oz Au/ton Average Grade - 6.9 g/t Au/15.8m (6.1 g/t)
July 2016 Historical Results - non NI43-101 Compliant
26 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
2008 Drill Results
Soocana Quartz Vein
July 2016
Hole # Sample # Depth (m) Interval (m) Au (g/t) Ag(g/t)
HW 8-06 231509 41.24 – 41.54 0.30 2.93 0.9
HW 8-07 231346 156.0 – 157.0 1.00 0.58 0.3
231347 157.0 – 158.0 1.00 0.57 0.8
HW 8-09 231462 19.84 – 20.26 0.42 1.01 0.5
HW 8-11 245006 6.74 – 7.40 0.66 13.5 4.6
245033 31.0 – 32.0 1.00 0.48 0.20
245034 32.0 – 33.0 1.00 0.95 0.20
HW 8-13 231664 18.53 – 19.10 0.57 22.40 10.10
231665 19.10 – 19.60 0.50 35.20
HW 8-14 263403 27.50 – 28.19 0.69 2.74 0.40
263405 28.70 – 29.20 0.50 0.75 0.30
263406 29.20 – 29.70 0.50 0.96 0.50
263407 29.70 – 30.10 0.40 2.40 0.80
27 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
2008 Drill Results
Soocana Quartz Vein
July 2016
*metallic sieve results
Hole # Sample # Depth (m) Interval (m) Au (g/t) Ag(g/t)
HW 8-21 245433 32.46 – 33.00 0.54 0.56 <0.2
245434 33.00 – 33.59 0.59 3.67(4.49)* 0.6
245435 33.59 – 33.90 0.31 3.28(3.19)* 1.9
245437 34.69 – 35.33 0.64 1.3 <0.2
245477 103.32- 104.00 0.68 0.61 0.3
HW 8-25 263137 93.40 – 93.95 0.55 6.42(6.25)* 2.8
HW 8-27 263171 120.21 – 120.66 0.45 2.40 0.2
HW 8-29 263195 108.00 – 108.56 0.56 1.05 1.9
HW8-30 245970 15.0 – 15.51 0.51 4.65 0.7
245971 15.51 – 15.95 0.44 3.41 0.7
HW 8-31 263225 17.47 – 18.00 0.53 1.8 3.7
263247 125.35 – 125.92 0.57 5.74(4.38)* 0.30
HW 8-33 263301 89.46 – 90.00 0.54 17.7(17.9)*
28 www.noblemineralexploration.com
Wawa-Holdsworth Gold & Silver Project
Wawa Area, Ontario
July 2016
Soocana Quartz Vein
Soocana Quartz Vein
Drill Core Storage
Oxide Sands
29 www.noblemineralexploration.com
CONTACT INFORMATION
2500 – 120 Adelaide St. W
Toronto, Ontario
Canada M5H 1T1
Phone: 416-214-2250
Fax: 416-367-1954
info@noblemineralexploration.com
ir@noblemineralexploration.com
www.noblemineralexploration.com
H. Vance White, President & Chief Executive Officer
Randy Singh PGeo(ON), PEng(ON), VP Exploration & Project Development
Corinna de Beer, Corporate Communications
July 2016
top related