Posted in | Gold | Silver

Canarc Resource Defines Geochemical Anomalies at Windfall Hills Project

Canarc Resource has outlined two geochemical soil anomalies containing gold and silver at the Windfall Hills project, which is situated 90 km to the northwest portion of Blackwater-Davidson gold discovery and 65 km to the southern part of Burns Lake.

A 340 sample soil geochemical campaign was conducted by the company on a 100 x 25 m grid over 2.8 sq. km significant prospect region to outline drilling targets. The company defined two anomalies based on multi-element geochemistry.

Silver seems to offer a stringent definition and anomaly continuity, while the values of gold are unstable. The anomalies of antimony and arsenic seem to be widely spread similar to an epithermal system.

Both geochemical anomalies are in the formerly outlined resistivity-IP anomaly areas. The company has planned to perform a phase I drilling at the project in 2012 to examine for Blackwater type epithermal mineralization of gold and silver.

Originally, Amax Exploration acquired these properties to enclose a stream sediment gold anomaly. The primary reconnaissance sampling and mapping discovered a huge quartz stock-works and clay alteration zone that carries anomalous values of gold in rhyolite to tuffs, breccias, sediments, dacite volcanic flows and hypabyssal interruptions of the Ootsa Lake.

Mineralized gold is connected with alteration zones and quartz stockworks of clay, pyrite, K-feldspar, sericite and silica. Anomalous values of arsenic, gold and silver seem to be connected with more strong brecciation and silicification regions. The company has encountered up to 5.7 g/t gold from the rock-chip samples.

Source: http://www.canarc.net/

Joel Scanlon

Written by

Joel Scanlon

Joel, originally from the UK, emigrated to Australia in 1995 and spent 5 years working in the mining industry as an exploration Geo-technician where he developed skills in GIS Mapping and CAD. Joel also spent a year working underground in a gold/copper mine. Upon moving to the North Coast of NSW, Australia Joel worked as a graphic designer for a leading consultancy firm before starting a successful business providing graphic and web design services to local businesses on the eastern seaboard of Australia. Joel is skilled in project management, web programming, design, animation, database and networking, software and editing. Joel has been with AZoNetwork since its inception in 2000.

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