17
TSX.V: ALZ Uncovering The Riches of the Abitibi Greenstone Belt of Canada The Haultain Gold Discovery 1 TSX.V: ALZ June 2016

Uncovering The Riches of the Abitibi Greenstone Belt of Canada

  • Upload
    vothuy

  • View
    218

  • Download
    1

Embed Size (px)

Citation preview

TSX.V: ALZ

Uncovering The Riches of the Abitibi Greenstone Belt of Canada

The Haultain Gold Discovery

1

TSX.V: ALZ

June 2016

TSX.V: ALZ

170+ million oz of gold produced to date from more than 100 mines

~40+ million oz in resources remain undeveloped in the Ontario Abitibi

Political stability in Northern Ontario with long history of successful operations

Good infrastructure and easy access makes this district a low cost place to explore

2

The Abitibi Greenstone Belt & GoldThe Abitibi Greenstone Belt & Gold

TSX.V: ALZ

3

InfrastructureInfrastructure

The Haultain property is situated near the community of Gowganda and is accessible by Highway #560.

A transmission line providing power to the community runs through the property.

TSX.V: ALZ

>95% of economic deposits clustered in Camps or “Nodes”

Localized near bends or intersection zones of deep seated Archean faults

Extensional tectonic environments – Ultramafics, Conglomerates, alkaline intrusives

Evidence of widespread alteration and gold mineralization

Economic deposits in associated higher order-structures

Where’s the next 100 million Oz?Where’s the next 100 million Oz?

Bleeker ‐ 2015

Haultain Gold

4

TSX.V: ALZ

Mirror Situation to Kirkland LakeMirror Situation to Kirkland Lake Node situated near breakout point located south of

Round Lake Batholith 75 km southwest of Kirkland Lake

Haultain Gold discovery made by Transition in 2011, adjacent to historical Gowganda silver camp (70 Mozpast production)

Major EW trending structure, unconformity with clastic metaseds, syenite dike swarms, lamprophyre

Gold values up to 97.6 g/t Au in grabs, with channel samples averaging 3.5 g/t Au over 20 m x 60 m long corridor

21 drill holes (~2,158m) were completed in 2011. Highlights Include:

• 2.4 g/t over 7.1 m • 4.7 g/t over 3.1 m• 82.5 g/t over 0.4 m• 1.6 g/t over 11.7 m

5

Haultain Gold ProjectHaultain Gold Project

TSX.V: ALZ

Many deposits in the Abitibi Greenstone Belt are syenite hosted – or closely located within structures that may have interacted with the syenite intrusions.

Similar to Kirkland Lake, at Haultain the syenite has a key association with the gold mineralization.

Geological mapping and trenching on the northern portion of the property exposed a large zone of mineralization in a syenitedyke swarm.

6

The Importance of “Syenite”The Importance of “Syenite”

Area of Syenite Dyke Swarms

Gowganda

TSX.V: ALZ

7

Target 1: Syenite Dyke SwarmsTarget 1: Syenite Dyke Swarms

Surface Trenching has identified three main east‐trending gold bearing intrusive syenite dyke swarms that are the main target for exploration. The North swarm, Swain swarm and the South swarm

Most of the significant gold assays are from quartz and quartz‐carbonate veins in these syenitedykes, and demonstrate good geological continuity which have been traced along strike on surface for more than 1.5 kilometers.

TSX.V: ALZ

8

Target 1: Syenite Dyke SwarmsTarget 1: Syenite Dyke Swarms

Trenching at the Annie’s Ladder Showing exposed veining along the margins of the syenite dykes where native gold is seen in the quartz veining in the trenches 

Visible Gold

TSX.V: ALZ

9

2011 Drill Program2011 Drill ProgramTransition Metals conducted a 21 hole drill program targeting  gold mineralization associated with qtz/carb stockwork vieningoccuring in syenite dykes exposed by the trenching

3 holes at Annies ladder showing Intercepted a series of gold veins and returned multi‐meter multi‐gram gold intercepts, similar in range of gold values to the channel samples at surface

• 2.4 g/t over 7.1 m• 4.7 g/t over 3.1 m• 82.5 g/t over 0.4 m• 1.6 g/t over 11.7 mThe mineralized zones remain open at depth and along strike.

Annie’s Ladder

TSX.V: ALZ

10

Target 2: Shear ZonesTarget 2: Shear ZonesShear structures developed around syenite dyke swarms.

Shear zones are major zones of weakness extending to the earth’s crust which are important for emplacing the syenites. Continued deformation along these structures creates brittle fractures which can be invaded by gold bearing fluids.

Subsequent to the drill program, it was recognized that shear structures, related to the syenitedyke swarm also represent an important feature for hosting high grade values of gold.

TSX.V: ALZ

11

Target 2: Shear ZonesTarget 2: Shear ZonesTwo Main Shear Vein Systems have been identified around EW and NW trending Dyke swarms. The South Central Shear is traceable along the southern contact of the Swain syenitedyke Swarm.

Hole TMH11‐009  intersected 82.5 gt Au over 0.4 metres. There are Elevated gold values at surface along this structure over 1.5 km of strike

Northwest Shear Vein System is Traceable for  >1km and is Exposed in Trench 7.

The NW Shear has parallel veining hosting elevated gold values Thumbnail size Visible Gold is evident in the veining.

TSX.V: ALZ

12

Haultain: Further PotentialHaultain: Further Potential

The Haultain property has further potential for multiple sites of shear hosted mineralization where Veining in shears and pressure shadows developed around syenite intrusions which introduce gold bearing fluids to the shear structures.

TSX.V: ALZ

13

Proposed $400,000 2016 Drill ProgramProposed $400,000 2016 Drill Program

Aldershot Resources is planning a $400,000 trenching and drill program to test further target areas, in particular targets where shear structures intersect the syenite dykes.As the previous drill program tested the shallow downward extension of surface mineralization exposed in trenching the 2016  drill program will also test for mineralization further at depth.

ProposedDrill Hole

ProposedDrill Hole

Viewing EastViewing North

TSX.V: ALZ

14

The Abitibi Greenstone Belt & GoldThe Abitibi Greenstone Belt & Gold

The Haultain property currently hosts a widespread gold mineralized system over a strike length of 1.5 km, with visible gold at surface.Full extent of this system, and its economic potential, have not fully been established and Aldershotmanagement is excited at the prospect of discovering another multi million ounce gold deposit in the infamous Abitibi Greenstone Gold Belt of Canada.

TSX.V: ALZ

I believe that a gold discovery in the Abitibi Greenstone Belt is more likely to be developed into a mine because of the surrounding infrastructure, geopolitical safety of Eastern Canada, and low development costs.

For investors, this could mean a higher chance of success when investing in gold companies with exposure to the Abitibi Greenstone Belt.Greg McCoachEditor, Wealth Daily

15

TSX.V: ALZ

16

Contact InfoContact Info

ContactJeremy CaddyPresident & CEO

(604) 682‐6718 [email protected]

www.aldershotresources.com

Aldershot Resources Ltd.885 West Georgia St., Ste. 1500Vancouver, BC V6C 2B3 Canada

(604) 682‐6718 tel(604) 682‐6722 fax

TSX.V: ALZ

17

Cautionary & Forward Looking StatementCautionary & Forward Looking Statement

This presentation includes statements and other information that may be deemed "forward‐looking statements”. Although ALZ believes the expectations expressed in such forward‐looking statements are based on reasonable assumptions, such statements should not be in any way construed as guarantees of future performance and actual results or developments may differ materially from those in the forward‐looking statements. ALZ is subject to the specific risks inherent in the mining business as well as general economic and business conditions. Specific factors that could cause actual results to differ materially from those in forward‐looking statements include market prices for metals, the conclusions of detailed feasibility and technical analyses, lower than expected grades and quantities of resources, mining rates and recovery rates changes in and the effect of government policies regarding mining and natural resource exploration and exploitation potential environmental issues and liabilities associated with mineral exploitation, development and mining, general economic, market or business conditions and the lack of availability of necessary capital. For more information Investors should review filings available at www.sedar.com.