Silver Star Project British Columbia
"Acquiring a project with significant silver values in prospective geology in an attractive structural setting with only limited exploration history serves as a focal point for further discoveries"- Saf Dhillon, Glacier Lake's president and chief executive officer.
The Silver Star property, comprises a core claim block of 1,487 ha, where only limited exploration has occurred (one assessment report only, 2015). However a surface grab sample returned high grade silver values (319 g/t Ag) and anomalous copper (0.39% Cu), lead (0.80 % Pb) and zinc (0.08% Zn). The sample was not assayed for gold.
The Silver Star property represents a further strategic acquisition in an emerging exploration area of central British Columbia, energized by the exploration success of New Nadina on the Silver Queen property.
The Silver Star property has extensive overburden cover and the geology is not well documented. Prospecting in 2015 was focused on highly siliceous outcrop, gossanous, (possibly andesite) with azurite/malachite oxidation, possible tetrahedrite and quartz veinlets and stockwork.
Other samples reported moderate Fe stained chalcedonic veining with smoky matrix. Another grab sample returned 42.7 g/t Ag, 310 ppm Cu. 563 ppm Pb, and 585 ppm Zn.
Silver Star is underlain by Cretaceous Kasalka group andesitic volcanics and Middle Jurassic Bowser Lake group clastic sediments.
A Geological Survey of Canada (GSC) 1992 structural study shows the Silver Star property is located within bounding NW-SE regional fault structures that extend south from the Equity Silver Mine, where historic production of 33.8 million tonnes grading 0.4 per cent copper, 64.9 grams per tonne silver and 0.46 gram per tonne gold was recorded between 1990 and 1994.
The Silver Star property, comprises a core claim block of 1,487 ha, where only limited exploration has occurred (one assessment report only, 2015).
However a surface grab sample returned high grade silver values (319 g/t Ag) and anomalous copper (0.39% Cu), lead (0.80 % Pb) and zinc (0.08% Zn). The sample was not assayed for gold.
Historic exploration work in 2015 discovered a surface mineral showing where a grab sample of malachite and azurite stained siliceous andesite returned a value of 317 grams per tonne silver (g/t) Ag or 9.15 ounces silver per ton and 0.39% copper, with anomalous lead (0.80 % Pb) and zinc (0.08% Zn).
Prospecting in 2015 focused on a highly siliceous gossanous andesite outcrop with azurite/malachite oxidation and possible tetrahedrite.
The 1992 GSC structural study indicates the Silver Star property straddles the junction of the western portion of the Cheslatta Caldera Complex, the northern portion of the Quanchus Caldera, and the south-eastern extension of the Buck Creek Caldera (host of the Equity Silver Mine)