Tahsis Copper Gold Project

  • Cross River is earning a 100% interest in the Tahsis Gold Project, a 4,866-hectare prospective gold exploration property located on northern Vancouver Island, BC, Canada
  • The Tahsis area has a long exploration history due to its proximity to the Zeballos Gold Camp, approximately 25 kilometers to the northwest
  • In the Zeballos Gold Camp, 13 deposits produced a total of 287,811 ounces of gold and 124,700 ounces of silver from as early as 1930 until 1948 (Hoadley, 1953)
  • The British Columbia Ministry of Energy Mines and Petroleum Resources MINFILE database lists 33 lode gold deposits and occurrences in the Zeballos Gold Camp, all of which are associated with quartz veining
  • Along with free gold, other associated minerals included pyrite, arsenopyrite, calcite and chalcopyrite with occasional galena and sphalerite
  • The geology of the Tahsis area is similar to the Zeballos camp, making it a favourable exploration target
  • Access to the northern section of the north claim block is via Nomash Mainline from the Zeballos Road The Zeballos Road leaves Highway 19 approximately 151 kilometres north of Campbell River or 78 kilometres south of Port Hardy. Nomash Mainline logging road leaves the Zeballos Road approximately 30 kilometres south from Highway 19 or 12 kilometres north of Zeballos.
  • The north claim block lies at kilometre 7 along Nomash Mainline.

The Tahsis area has a long exploration history due to its proximity to the Zeballos Gold Camp, approximately 25 kilometres to the northwest. In the Zeballos Gold Camp, 13 deposits produced a total of 287,811 ounces of gold and 124,700 ounces of silver from as early as 1930 until 1948 (Hoadley, 1953). One producer, Privateer, accounted for 154,381 ounces of gold and 60,878 ounces of silver. A total of 285,771 tons of ore was mined from Privateer’s five main veins, of which 158,332 tons was milled. Twelve other producers accounted for the balance of production with total outputs ranging from 54,000 ounces of gold to 5 ounces of gold. The British Columbia Ministry of Energy Mines and Petroleum Resources MINFILE database lists 33 lode gold deposits and occurrences in the Zeballos Gold Camp, all of which are associated with quartz veining. Along with free gold, other associated minerals included pyrite, arsenopyrite, calcite and chalcopyrite with occasional galena and sphalerite. The geology of the Tahsis area is similar to the Zeballos camp, making it a favourable exploration target.

Historic and recent work programs have identified three target areas at Tahsis

  • Target A consists of a continuous 950-meter section of Au-in-soil values ranging from a minimum of 15 ppb to a maximum of 1672 ppb associated with the eastern contact area of the Mt. Washington Intrusive Suite quartz diorite
  • Target B consists of two cluster soil anomalies (450m by 500m and 1300m by 250m) related to the contact between the Quatsino limestone and Karmutsen volcanics
  • Target E consists of a series of 150 meter to 450-meter-long gold anomalies with values ranging from 6 ppb Au to 146 ppb Au within the Quatsino limestones with some interbedded Karmutsen basalts

Cross River will be conducting a follow-up ground program to identify drill targets at Tahsis later in Q3, 2020. This program will consist of further follow up soil sampling and rock sampling in the three Target areas as well as an assessment of the areas for subsequent excavator trenching

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