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Cariboo Property Summary
Location
The Cariboo Property is located in the Cariboo Mining Division on the north bank of the Quesnel River immediately northwest of its confluence with the Cariboo River, 2.5 kilometers northwest of Quesnel Forks and some 61 kilometers southeast of the city of Quesnel. The Property is immediately east of the QR Mine where the Company has a fully permitted 1,000 tonne/day mill.
Exploration Program Highlights
The latest exploration program conducted by Cross Lake consisted of establishing a 20 line kilometer grid and completing soil geochemical sampling, geological mapping, 3-D Induced Polarization and Magnetic surveying followed by diamond drilling.
The exploration program successfully identified that two modes of gold mineralization occur on the property. The first is gold occurring in quartz veins and shears hosted in a mafic tuff unit with the second mode of mineralization being copper-molybdenum-gold occurring in a gabbro intrusive body. The best results obtained to date from drilling of the gold system are from drill hole C-89-6 where 5.26 grams per tonne gold over 8.5 meters was intersected. Drilling also resulted in the discovered a copper-molybdenum-gold system.
Recent geophysical data and further regional studies continue to indicate the potential for the discovery of further porphyry Copper-Molybdenum deposits in this region, which is an important deposit type in the region as indicated by the Mount Polley Mine and the Gibralter Mine both located to the south.
In 2008 Cross Lake will continue to evaluate both the epithermal gold and porphyry copper molybdenum gold potential.
Technical Report
View report in PDF (2.18 mb)
Project Maps
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Location Map QR Property Porcher Island Property Cariboo Property
Copyright © 2006 Cross Lake Minerals Ltd. All Rights Reserved.