Golden Vista Target
In September 2017 a modest helicopter prospecting and sampling program was completed over the Golden Vista area located approximately 22 kilometres northwest of the MR showing. Previously (2012) Amarc had conducted wide spaced soil geo-chemistry over the Golden Vista target and strongly anomalous gold-in soil values of 6.33, 2.81, 1.26, 1.21, and 0.65 parts per million gold (= g/t Au) were returned.
The September program discovered five new mineralized areas, with rock samples from Target GV-2 returning 5.37 g/t Au, 110 g/t Ag, 5.05 per cent Pb, and 11.60 per cent Zn, and 16.9 g/t Au, 196 g/t Ag, 12.60 per cent Pb and 11.90 per cent Zn.
A preliminary analysis of the soil and rock geochemistry suggest that the Golden Vista mineralization is representative of an enhanced gold- silver-lead-zinc system. Silver values in the soils are significantly enriched and widespread, with more than 37 per cent of the soil samples returning plus one g/t Ag (+1.00 ppm Ag) in the soils. The 90th percentile of the 53 soil samples is 0.11 g/t Au, 3.2 g/t Ag and 880 ppm lead (Pb).
The GV-1 target alteration zone was projected to the south-east and an outcrop location approximately 350 metres along strike was discovered comprising siliceous, moderately gossanous sediments. Three chip samples were taken at this location, with anomalous gold (0.04, 0.18 and 0.26 g/t Au), and silver, (4.6, 7.1, and 16.3 g/t Ag), and strongly anomalous lead (0.65, 0.12, and 1.11 per cent Pb). These anomalous values and associated metals (arsenic, antimony and mercury) are supportive of structural continuity of the GV-1 alteration/mineralized zones.
Further investigation is planned in the summer of 2018 to define and extent the zones of mineralization and establish drill targets over the Golden Vista zones. Outcrop exposure is modest and soil sampling remains an effective tool to define buried targets. Silver values in the soils are enriched and widespread, with more than 37 per cent of the soil samples returning plus one g/t Ag in the soils. The 90th percentile of the 53 soil samples is 0.11 g/t Au, 3.2 g/t Ag and 880 ppm lead (Pb). The Golden Vista discoveries GV-1, GV-2, GV-3 and GV-4 are in an area 1,400 metres by 1,000 metres.
Target GV-2 is located in a steeply incised stream drainage and comprises three outcrop grab samples, hosting semi-massive sulphides (pyrite-galena) in altered, siliceous, gossanous sediments. Sample #02681 returned 5.37 g/t Au, 110 g/t Ag, 5.05 per cent Pb, and 11.60 per cent Zn from a pyrite-galena gossan. Sample #02681 assayed 16.9 g/t Au, 196 g/t Ag, 12.60 per cent Pb and 11.90 per cent Zn from a two cm massive sulfide vein. Sample #16079 comprises coarse grained galena n a highly silicified sedimentary unit, which returned 4.47 g/t Au, 34.00 g/t Ag, 1.72 per cent Pb, and 5.02 per cent Zn. The GV-2 zone is a high priority target for follow-up.
Target GV-4 was tested by three soil samples with anomalous gold values. Soil sample #16082 returned the highest gold-in-soil value of the fall survey, with 2.75 g/t Au, 3.4 g/t Ag, and 781 ppm (parts per million) Pb.
Sample 16079 -Target GV-2 Sept 2017
4.25 g/t Au, 34.0 g/t Ag, 1.72 % Pb & 5.3% Zn
Three other targets are defined by anomalous soil and/or rock geochemistry in the Golden Vista area. Outcrop exposure is modest and soil sampling remains an effective tool to define buried targets. Several anomalous gold-in-soil anomalies were not visited during the recent program