- Gelum Resources Ltd. is targeting alkalic porphyry and related skarn mineralization within a prolific B.C. porphyry belt.
- 8,736 Ha (87 km2) brownfields land position 6 kilometres northwest of Mt. Polley, 28 kilometres east of the Gibraltar Mine and 6 kilometres southwest of Osisko's QR Deposit.
- Airborne geophysics comprising magnetics and radiometrics recently completed; interpretation is pending.
- Reactive Triassic-Jurassic Nicola Group rocks (prolific B.C. porphyry host rocks).
- The Company has early-stage targets based on the recent aeromagnetic survey, as well as historic till geochemical survey work. Historic sampling has yielded Up to 1.4% Cu and 0.648 g/t Au in rocks at surface. Placer gold deposits are present along northeastern and northern claim boundaries.
- Adjacent to large land positions held by Osisko and Imperial Metals.
- Initial field mapping by Gelum has identified alkalic porphyry-style alteration and breccia textures. Planned work includes additional till geochemical work as well as follow-up IP geophysical work to refine drill targets.
CSE:
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ML Project
Highlights
Good Location
- Located in prolific BC porphyry belt in the Interior Plateau region.
- The shortest route is Vancouver – Williams Lake then via Likely Road (approx. 7 hour drive).
- The eastern claim boundary is located 5km northwest of the Mount Polley open pit.
- Accessible by 90% paved roads via Williams Lake, the remainder by all-season dirt roads and secondary logging roads.
- Low to moderate relief allows year-round access and work.
Claim map of the road-accessible ML Property in central British Columbia. Compiled historical rock grab samples from on and near the property are also shown.
Recent Accomplishments and Upcoming Work
- Opportunity recognition for the near-mine project, and acquisition of the ML property.
- Initial site visit and field mapping completed in Fall 2021. The short programme successfully identified access routes, and initiated an alteration and lithological field mapping framework, in order to contextualize the geophysical work.
- High-resolution helicopter-borne magnetic and radiometric survey was recently flown by Precision GeoSurveys. 488 line-km were flown on the ML survey block at 200 m line spacing at high-angle to the geologic fabric. Initial evaluation of the geophysical data suggests the presence of multiple porphyry-style de-magnetized zones situated up-ice from till geochemistry anomalies.
- Upcoming work includes further data compilation, and the initiation of a detailed till geochemical survey to further refine targets.
