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Wasi Creek

Location

The Wasi Creek Property is located on the south side of the Osilinka River, 150 kilometres northwest of Mackenzie, B.C.

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Wasi airborne survey
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Wasi airborne survey: It covers areas of historic trenching and diamond drilling for zinc-lead-silver mineralization in the Cambrian Atan Group dolomite and limestone.

Exploration Program

Bard Ventures Ltd. is funding exploration on the property under the terms of an option agreement to earn a 50% interest in the property with Selkirk Metals Corp. ("Selkirk") being the operator of the program.

Once target definition has been completed diamond drilling would be undertaken to test priority targets.

History

Mineralization on the Wasi Creek Property was discovered and evaluated by Cominco Ltd. ("Cominco") in the early 1990's. Cominco identified zinc-lead-silver mineralization along a two-kilometer carbonate horizon (the Par Horizon), which remains open along strike and down dip.

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2005 airborne geophysical survey
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Airborne geophysical survey: The 2005 drilling by Selkirk was successful in intersecting a new horizon sub-parallel to the Par Horizon as indicated by airborne magnetic and EM surveys. The survey results have identified several high priority targets that require ground examination and follow-up exploration including mapping, prospecting, rock and soil sampling, trenching and, depending upon results, more diamond drilling.

One high priority area is the southern extension of the Par Horizon that has several EM targets. In 1992 Cominco intersected the following in hole 92-16 north of the high priority area:
  • 6.35% zinc, 1.07% lead and 16.5g/t silver over 4.8m;
  • and 4.98% zinc, 0.68% lead and 18.0 g/t silver over 5m.
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Wasi 2005 drill core mineralization
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Wasi drill core mineralization: Selkirk has hand trenched the Carrie II Showing exposing sphalerite, pyrite and galena mineralization hosted by light grey dolomite and breccia. The weighted average of rock chip channel samples was 5.01% zinc, 0.89% lead and 18.0 g/t silver over a 10 metre width. The base metal mineralization is still open at both ends of the trench.

Boulder Discovery

In addition to the Carrie showing and the Par horizon, which was explored primarily by Cominco, Selkirk is following up on the discovery of numerous large, angular, higher grade, massive sulphide boulders. These boulders appear to be related to a source separate from both the Par and Carrie Horizons.

Two of these boulders sampled by Selkirk returned assays of:
  • 26.30% zinc, 25.98% lead, and 96.3 g/t silver in one; and
  • 8.46% zinc, 42.43% lead and 384.8 g/t silver.