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Northern British Columbia

LAIDMAN GOLD PROSPECT

Slides and Pictures:
Project Picture - Moving Opperation - Drill Site - Drill Core - More Core - Drill Site Area

The Laidman property is an epithermal vein style gold prospect located in central British Columbia. The property is in the Nechako Arch of the Intermontane accretionary terrane near to the east trending Top Lake Lineament. The 700 hectare property covers extensive zones of argillic alteration and quartz stockwork within volcanic and sedimentary rocks of the Jurassic age Hazelton Group rocks near the contact with the Cretaceous age Laidman Lake batholith.


The prospect was discovered in 1994 during a regional reconnaissance program by Cogema Resources Ltd. Subsequent work by Phelps Dodge Corporation of Canada Ltd. between 1995 and 1997 identified several zones of mineralization including the Discovery Zone, the 110 Zone and the West Trench Zone. Highlights of the exploration programs include a zone of quartz veinlets at the Discovery Zone that returned up to 19.6 gpt gold, a partially exposed quartz vein breccia with up to 5,640 ppb gold in soils and 1,440 ppb gold in rock samples and quartz rubble containing up to 8 gpt gold from an area near the center of the property.


Exploration work conducted on the Laidman property included geological mapping, prospecting, trenching (two trenches totaling 91 metres) and 1004.5 metres of diamond drilling in five holes. Results of this work was sporadic but encouraging, with samples returning 1351 ppb gold and 1152 ppb gold from the West Trench area. The best results from drilling are 643 ppb gold over 4.3 metres in hole DDH97-5 and 116.7 ppb gold over 18 metres in hole DDH 97-4.


All areas of mineralization identified to date on the Laidman property remain open. Several prospects identified previously remain to be tested. A program of detailed soil geochemistry and Induced Polarization geophysics was conducted over the known showings to further delineate the zones. Diamond drilling of the key targets is planned to commence forthwith.