Canamerica

Location

  • Located within the Boyer Lake Area, Turtlepond Lake Area and the Harper Lake Area, 35 kilometres south of Dryden.
  • 26 non-contiguous unpatented claims in two separate blocks, known as the Canamerica Main Block (13 claims) and the Canamerica 502 Block (13 claims).  The two blocks encompass 4,400 hectares and are separated by the Kenwest Property.

Geology

  • Located along the northeastern portion of the Manitou Straits Deformation Zone and the south limb of the Manitou Antiform.
  • Gold associated with felsic dykes, quartz veins, and sheared volcanic rocks. 
  • Adjacent to the Kenwest and Elora properties, the combined holdings encompass an 800 m wide zone, which contains a number of highly prospective gold bearing structures.  A 4.5 kilometre long section of favorable structures hosts the three past producing mines and nine other shafts with unreported production. The high density of shafts in this area is a very positive indicator of the exploration potential.

Historical

  • Five historical (1896-1904) shafts, Quackenbush, Little Master, Imperial, Volcanic Reef and Last Chance are located on the property in addition to numerous gold showings. 
  • In 1987, CanAmerica Precious Metals Inc. completed a diamond drill program consisting of 15 holes (766 metres).  The majority of the holes were testing a gold bearing felsic dyke. 

Exploration Program and Assay Highlights

  • Prospecting, mapping, line cutting, channel sampling, ground magnetometer and induced polarization surveys
  • 15 DDH (2,514 metres) on the Canamerica Main block
  • 14 DDH (2,391 metres) on the Canamerica 502 block
  • 502 Block 2010 summer prospecting program located a shaft sunk on a quartz vein system believed to be the Volcanic Reef prospect.  Prospecting grab samples from this quartz vein returned values ranging from 2.6 g/t Au up to 168.5 g/t Au
  • 502 Block 2012 DDH Assay results returned values of up to 50.6 g/t Au over a core length of 1.0 metre in DDH 502-10-03.  This intersection occurred in a wider 4.0 metre intersection of 12.69 g/t Au

Assay Highlights

Table 1: Canamerica 502 Block -  2011 Drill Results

Hole # From (m) To (m) Width (m) Au (gpt)
502-10-03 23.5 27.5 4.0 12.69
   Including 24.5 25.5 1.0 50.60
502-10-04 38.0 39.0 1.0 1.52
502-10-05 22.5 24.5 2.0 4.23
   Including 23.25 23.85 0.6 14.05
502-10-05 37.5 39.0 1.5 4.12
   Including 37.5 38.0 0.5 11.90
502-10-05 151.5 153.25 1.75 1.19
502-10-05 181.0 182.0 1.0 4.66
502-10-06 92.4 93.3 0.9 2.59
502-10-07 26.5 27.5 1.0 10.2
502-10-09 213 215.7 2.7 6.43
   Including 213.8 214.8 1.0 17.1
502-10-10 38.15 39.65 1.5 0.74
502-10-11 51.5 52.5 1.0 1.77
502-11-12 7373.0 75.3 2.3 0.54
502-11-13 190.3 192.65 2.35 0.62

Notes
1.  Holes 502-10-01, 502-10-02 and 501-11-14 did not return significant gold values
2.  Intervals reported are core lengths; true widths of mineralization are not known.

Table 2: Canamerica 2009 Grab Sample Results

Sample # Easting Northing Zone g/t Au
H179169 523214 5478412 Quackenbush 197.5
H183472 523200 5478407 Quackenbush 36.1
H179168 523214 5478412 Quackenbush 15.7
H179684 523213 5478410 Quackenbush 5.8
H183475 523212 5478415 Quackenbush 5.1
H182993 520129 5474929 Long Line 5.9
H182808 520136 5474931 Long Line 5.2
H182802 520188 5474862 Long Line 4.3
H180251 520133 5474916 Long Line 4.2
H180253 520130 5474930 Long Line 3.2
H185380 519648 5475752 Cubic 4.1
H185384 519681 5475811 Cubic 3.8
H185379 519649 5475751 Cubic 3.5
H185373 519615 5475692 Cubic 3.4
H185374 519618 5475691 Cubic 2.9
H179242 519687 5474915 E Zone 4.0
H179244 519693 5474920 E Zone 3.5
H179240 519666 5474895 E Zone 3.3
H185397 520116 5475375 E Zone 3.1
H179287 519557 5474797 E Zone 2.9
H180312 519507 5474819 F Zone 4.4
H182893 519542 5474871 F zone 2.9
H182951 519538 5474654 F Zone 2.9
H180311 519507 5474815 F Zone 2.3
H182980 519537 5474868 F Zone 1.4
H185477 524032 5479288 Purple Trend 4.8
H180243 524039 5479302 Purple Trend 3.8
H180239 524039 5479302 Purple Trend 2.6
H180241 524039 5479302 Purple Trend 2.3
H929691 524073 5479350 Purple Trend 0.6
H182864 520120 5475378 Picnic Point 4.1
H183316 520291 5475609 Picnic Point 2.4
H182910 520330 5475598 Picnic Point 2.3
H182907 520127 5475381 Picnic Point 1.9
H182865 520162 5475422 Picnic Point 1.8
H179001 519071 5474469 Qtz Mayhem 2.1
H182899 519030 5474447 Qtz Mayhem 1.6
H182897 519060 5474466 Qtz Mayhem 1.3
H182986 519046 5474466 Qtz Mayhem 1.3
H179003 519071 5474470 Qtz Mayhem 1.2
H185216 519845 5474690 D Zone 1.4
H182821 519859 5474858 D zone 0.8
H183082 519819 5474713 D Zone 0.8
H185215 519826 5474719 D Zone 0.5
H182818 519822 5474732 D zone 0.4
H183054 518992 5474469 Open-Cut 1.8
H183061 519068 5474488 Open-Cut 0.9
H183043 518992 5474469 Open-Cut 0.6
H183050 518992 5474469 Open-Cut 0.5
H183044 518992 5474469 Open-Cut 0.3

 
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Canamerica