November 22, 2011

Polymetallic gold-silver-copper mineralization discovered in Mauken Greenstone Belt

Follow up work on the recently discovered invisible gold mineralization (see News from 10 okt. 2011) has led to new insight in an unusual polymetallic gold-silver-copper mineralization in Mauken Greenstone Belt Gold Project.

Through our ongoing exploration program, Scandinavian Highlands has identified that whilst originally a gold target, that a significant polymetallic gold, silver and base metal mineralization also exist at Mauken Greenstone Belt. This adds great potential to the project.

The new discovery is a gold-silver-copper mineralization, hosted in shallow dipping tightly folded quartz-carbonate altered mafic-ultramafic schist. Peak rock grab sample return 4.6 g/t Au and 252 g/t Ag; another sample return 3.1 g/t Au, 136 g/t Ag and 9,2% Cu. Thin semi-massive sphalerite-chalcopyrite-galena veins have been located in quartz-carbonate horizons in close association with pyritizised sericite-muscovite altered mafic schists. High silver content (+600 ppm) has been measured by hand-held XRF in soil adjacent to quartz-carbonate horizons. Lately approx 200 meter of channel sampling has been collected on this mineralized zone. Results are pending.

The area of interest is characterized by intense scapolite- talc- and calc-silicate alteration. ICP analyses of till samples taken in areas of heavy scapolite alteration return consistent elevated gold values.

The discovery is associated with a significant geophysical EM anomaly that can be followed for along a 3 km strike.

Søren Lund Jensen (CEO) comments: "The extensive till sample program carried out this 2011 field season has already proved to be a strong tool in locating new sub-cropping mineralization's. We can see that the till samples collected in the area show anomalous high contents of As, Bi, Co, Cu, Cr and Mo. We have far from tested the full potential of these geo-chemical path-finders for locating sub-cropping polymetallic ore bodies. Based on these encouraging results we have again decided to expand our license area."

 


Last updated: May 11, 2012

Gold-Silver-Copper rich mafic schist

Gold-Silver-Copper mineralized schist. The mafic schist is heavely quartz-calcite-ankerite altered.

Mauken License outline 2011 - october

Mauken Greenstone Belt Gold Project License area. Latest license expansion marked by red lines. Map source: www.prospecting.no.