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32E04SE0035 - Geology Ontario

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14<br />

2) The HcDermott gold deposit Is located along the McKenna<br />

Fault. The Mattawasaga gold deposit is located along the<br />

Ghostmont Fault. These are splay faults striking southwest off<br />

the Destor-Porcupine Fault. These faults occur long the contact<br />

between iron-rich and magnesium-rieh tholiitic basalts with<br />

possible interflow sediments. The mineralization consists of<br />

finely disseminated pyrite which is directly proportional to the<br />

grade of gold. Gold is rarely visible occuring almost entirely<br />

within finely disseminated pyrite. Alteration consists of very<br />

strongly silicified and to a lesser extent carbonatized basalt.<br />

The average thickness of the Mattawasaga deposit ranges from 30-<br />

80 feet.<br />

5.2 Property Mineralization<br />

Alteration zones consisting of strongly silicified and<br />

carbonatized zones over widths of 17-22m along the<br />

North Branch<br />

of the Destor-Porcupine Fault. This fault is located along the<br />

contact between felsic volcanics to the south and mafic volcanics<br />

to the north. Hole No. LR-87-1 on section 8 Bast encountered<br />

anomalous gold values of 73 ppb Au over 3.99 m within a<br />

silicified and carbonatized zone from 228.78m to 250.91m over a<br />

width of 22.13 m on the footwall of the North Branch of the<br />

Destor-Porcupine Fault. The best assay is 189 ppb Au over 0.91 m.

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