Location
The Manitou gold property is located within the eastern margin of the Archean Eagle-Wabigoon-Manitou lakes Greenstone belt approximately 40km south of the community of Dryden. This area has undergone extensive exploration from 1950’s to present day, and the property itself has seen numerous drill campaigns and sampling programs. Ongoing competitor activity (e.g. Manitou Gold Corp) in this belt has uncovered several north-northeast structural zones that rank high for gold potential and the property is situated along the possible extension of these gold-bearing shear zones.
Property Details
5,156 hectares along the possible extensions of gold bearing shear zones in the Manitou Lake area.
Highlights
- The Manitou Property is underlain by mafic to felsic metavolcanic rocks locally intruded by granodiorite porphyries which are intensely altered and contain significant sulfide mineralization. Deformation and alteration are extensive on the property, with regional scale faults cutting northeast, and shear zones trending north-northeast. Numerous developed prospects with historic production are situated along the same northeast trending fault zone in close proximity to the property, including the Elora Mine 500m to the northeast of the property (drill intercepts noted up to 216.85 g/t Au over 0.3m, and 15.5 g/t Au over 6.9m; MDI 52F07NE 00015).
- The Ontario Mineral Database records 16 gold occurrences within the land position, most of which contain shear-hosted gold and sulfide mineralization. Several of the occurrences were mined and variable amounts of ore was historically extracted from small-scale workings. Numerous high-grade gold samples have been collected (e.g. 78.1 g/t Au grab sample from the Bird Island occurrence: MDI 152F07NW00008). The Cross River team is currently compiling historic data and interpreting property geology, structure and mineralization in order to focus exploration efforts for the 2021 season.