Location: | British Columbia, Canada |
Ownership: | 100% owned |
Deposit Type: | Gold bearing Mesothermal Veins |
Primary Minerals: | Gold |
Stage: | Early stage exploration |
Overview
The Scottie West property was staked by Coast Copper on May 19, 2020. The Property is located in the Golden Triangle, approximately 35 kilometres northwest of Stewart, B.C and immediately west of the Scottie Gold Mine Property.
Geology
As mapped by the British Columbia Geological Survey, the Scottie West claims are included within the Jurassic Hazelton volcanic formation, Jurassic Texas Creek intrusions and Eocene-aged intrusions that are also host to numerous mineral occurrences and past producing mines throughout the Stewart Camp, including Ascot Resources’ Premier Mine and Scottie Resources’ Scottie Gold Mine.
Work completed by Coast Copper
The Property was acquired by staking in May 2020 for $11,128 and optioned to EuroPacific Metals Inc. (“EuroPacific”) (formerly known as Goldplay Mining Inc.) on November 23, 2020. As announced November 21, 2022, the Property was returned to the Company as a result of EuroPacific moving its exploration focus to projects in Portugal after spending more than $330,000 in exploration expenditures, making cash payments of $50,000 to Coast Copper and issuing $75,000 worth of shares to Coast Copper in regards to the Property option. EuroPacific completed surface exploration programs as well as completed a National Instrument 43-101 technical report. The conclusion of the 2021 report noted that the surface program identified numerous mineralized showings with at least 13 zones of gold-bearing quartz-carbonate sulphide (pyrite ± arsenopyrite ± pyrrhotite ± chalcopyrite ± galena ± sphalerite) veining occurring on the Property. These veins host sulphide-rich shoots with highly anomalous gold values and are hosted in a package of andesitic volcanics from the Unuk River Member of the Betty Creek Formation situated adjacent to the contact with the Summit Lake stock, part of the early Jurassic aged Texas Creek Plutonic Suite. This style of mineralization is characteristic of intrusion-related mesothermal veins. The Property occurs along the southwest extension of the apparent mineralized belt that includes Scottie Resources’ Blueberry Zone, the Scottie Gold Mine and the recently discovered Domino Zone. Highlights from EuroPacific’s 2021 sampling include¹:
• Rock sample assaying: 5.90 grams per tonne (“g/t”) gold (“Au”) and 155 g/t silver (“Ag”) on the SE Exposure.
• Rock sample assaying: 5.29 g/t Au on the Leduc NE Ridge.
• Rock sample assaying: 2.19 g/t Au and 119 g/t Ag on the Leduc East Central Ridge.
• Rock sample assaying: 0.95 g/t Au, 91.87 g/t Ag, and 2.77% zinc on the East Border Nunatak.
Cautionary Notes
Qualified Persons: The Qualified Person responsible for the technical information on this webpage is Wade Barnes, P. Geo., Company Geological Consultant, who has approved the technical information included herein. Any reference to adjacent properties, historical estimates and resources should not be relied upon.
Historical Information: Historical information provided on this webpage regarding the Company’s projects or adjacent properties cannot be relied upon as the Company’s QP as defined under NI-43-101 has not prepared nor verified the historical information. A Qualified Person has not done sufficient work to classify any historical mineral resource estimate(s) referenced herein as a current estimate and Coast Copper is not treating such as current mineral resource(s).
Adjacent Properties: This webpage may contain information about adjacent properties on which Coast Copper Corp has no right to explore or mine. Investors are cautioned that mineral deposits on adjacent properties are no indicative of mineral deposits on the Company’s properties.
Investors are cautioned that the exploration target at Scottie West is an early-stage exploration prospect, conceptual in nature. There has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
1. Theny, Lucia and Wilkins, Andrew L. (2021) Geological, Geophysical and Geochemical Assessment Report on the Scottie West Property in Northwestern British Columbia, British Columbia Assessment Report 39914