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Stars Property

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Stars Property Fact Sheet

The Stars Property is an exploration stage porphyry copper-gold-silvermolybdenum project that is accessible by vehicle and is close to infrastructure. The 2,136 hectare property is underlain by volcanic flows and tuffs of the Lower Jurassic Telkwa Formation and sandstones, shales and siltstones of the Lower Cretaceous Skeena Group. The volcanic units on the property have been intruded by quartz monzonite stocks, thought to belong to the Bulkley Intrusive Suite, in at least two locations.

The property is situated 30 km northwest of New Nadina Explorations Limited’s Silver Queen Prospect, which is in turn 30 km west-southwest of Goldcorp Canada Ltd.’s past producing Equity Silver Mine. Imperials Metals Corp.’s Huckleberry Copper-Gold-Silver mine lies 58 km to the south of the Stars Property.

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stars exploration target1
Heavily altered and mineralized volcanics intruded by feldspar porphyries. Chip sample across 1metre @ 1% Cu and 0.28 g/t Au.
stars exploration target2
Massive Bornite–Chalcocite (Bo-Cc) mineralization with malachite staining in quartz muscovite altered host rock

stars exploration target3
Pyrite chalcopyrite, chalcocite, bornite in quartz vein material

Although outcrop exposure is limited, several occurrences of copper ± gold ± silver have been located on the property, and copper mineralization has been encountered in historical drilling. Mineralization encountered to date consists of disseminated chalcopyrite and bornite, chalcopyrite and molybdenite in narrow veinlets and locally sulphide-dominated chalcopyrite-bornite-chalcocite veins. Two areas of anomalous copper geochemistry have been identified through soil sampling which are coincident with areas of high IP chargeability.

Diamond drilling in 2001 by Doublestar Resources Ltd. encountered 142 metres of 0.25% copper in DDH CS-07 in an area designated as ”Zone A”. DDH CS-02, also drilled in 2001, encountered anomalous copper mineralization throughout the entire hole, bottoming in higher grade mineralization at 110 m with the last sample assaying 0.56% Cu.

The coincidence of quartz monzonite stocks, IP chargeability highs, copper-molybdenum soil geochemical anomalies, and sporadic surface mineralization suggest that there is potential for 2 zones of copper± molybdenum ± gold ± silver porphyry mineralization which has further potential of coalescence at depth.

stars ip1 Erdenet Stars Model v2

“Zone A”
Coincidence of high chargeability, high magnetics, a quartz monzonite stock and Cu ± Au ± Ag ± Mo mineralization at surface. Historical drilling encountered anomalous copper in multiple holes, highlighted by 142 m grading 0.25% Cu in DDH CS-07 (2001, DoubleStar Resources Ltd.).

“Zone B”
Coincidence of chargeability-resistivity high anomalies, anomalous Cu-Mo soil geochemistry and quartz monzonite intrusive stock. Historical drilling encountered anomalous copper over entire hole, with bottom of the hole assaying 0.56% Cu in DDH CS-02 at 110 m (2001, DoubleStar Resources Ltd.).

Location of ML Gold’s STARS Project
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Outcropping bornite-chalcocite, chalcopyrite, pyri...
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Blebs of chalcopyrite in quartz vein from Road Zon...
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Disseminated chalcopyrite and pyrite in diorite, w...
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Rock samples from the Road Zone, with chalcocite, ...
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View looking Southwest across Start Property – ext...
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