The rock types observed at the October Gold Property are very similar to those that comprise the Kirkland Lake greenstone belt to the east; consisting of Timiskaming conglomerates, mafic to felsic volcanics, ultramafic/mafic intrusions, and felsic porphyries. Although there are locally significant areas of outcropping bedrock, a large area covering the central and eastern portion of the property has significant deposits of glacial and lacustrine sediments that have impeded past exploration.
Gravity breaks, similar to those identified during a survey at October Gold in 2011, are commonly associated with gold deposits in the Abitibi (Open File Report 6189, Discover Abitibi). The association of anomalous till samples and high confidence SGH anomalies near a gravity break along the RDZ make this an attractive exploration target. Additionally, the proximal Timiskaming sediments found at the Property could be directly related to this gravity break.
Lithogeochemical sampling across the RDZ that transects the property revealed several anomalies including a well-defined, broad zone of albite alteration with an alkaline feldspar core through the center of the claim group. This alteration correlates well with interpreted gravity breaks delineated by the gravimetric survey conducted in 2011 and suggests hydrothermal fluid movement along this segment of the RDZ was significant; similar alteration patterns near major structures are often found to be proximal to known gold deposits.
Recognition of this hydrothermal alteration cell further enhances the prospectivity of these geochemical/geophysical anomalies as potential sites for gold deposition. In addition, pathfinder elements suggest a fluid-mixing boundary between oxidized fluids and reduced fluids within this alteration envelope that also supports potential for gold deposition along this trend.
Genesis sampling of a subparallel structure to the RDZ, near the historical Women River occurrence, yielded 9.23 g/t Au from a grab sample near the eastern property boundary. This sample was collected from a highly altered quartz-carbonate replacement zone displaying a width of approximately 3.0 meters and an unknown strike length. A longitudinal section analysis of Noranda’s previous drilling at this prospect suggests that the zone is plunging to the northwest beneath a swamp towards the October Gold property.
Collectively, the strategic location of the October Gold property, its geological and structural setting, and the results from the early exploration work carried out to date, underline the potential for discovery of gold mineralization along this emerging gold trend in the Abitibi.