Deep Pockets

The Deep Pockets property occupies 542 hectares of excellent geologic terrain in Northwestern British Columbia within the Tagish Lake region where exploration activities performed by the B-ALL Syndicate in 2024 discovered 4 new zones consisting of high-grade gold and polymetallic mineralized quartz veins with up to 78.17 gpt Au, with 154.96 gpt Ag, 0.4% Cu, and 0.2% Pb. The region has historical exploration dating back to the late 1800s, however it is underexplored by contemporary exploration efforts. Further, recent glacial abatement has exposed new outcrops creating great potential for undiscovered economic deposits. 

The Deep Pockets Property is close to infrastructure within a mining-oriented region. The property is 37 km Southeast of HWY 2 (Klondike HWY), 44 km West of Atlin BC, with the closest city, Whitehorse, lying 140 km North. The property is accessible year-round via helicopter from HWY 2, as well as from Atlin Aerodrome, and Whitehorse Airport. The property sits within the Bighorn Valley that hosts 4 historic mineral occurrences as well as the Bighorn Creek Developed Prospect. The property is on trend with the Lewellyn Fault regional structure, which has been key to the circulation of gold-bearing mineralized fluids in the region. High-grade epithermal mineralization at the Engineer Mine and the Mt. Skookum Mine are related to secondary and tertiary splays of the Llewellyn Fault. The Engineer Mine 13 km Northwest of the property is a past producing underground gold mine. Producing 560,000 grams of gold with an average grade recorded at 38 gpt Au and 19 gpt Ag during a sporadic operating history. The deposit is hosted within sediments of the Laberge Group, quartz veins take advantage of shear-zones related to the kinematics of the Llewellyn fault.

Efforts taken by the British Columbia Geological Survey in 2017 looked to study the influence of the Llewellyn Fault on concentrating gold mineralization in the region. The investigation proved that the regional fault had in fact proved significant in channeling Eocene magmatism, with prolific gold mineralization within the region hosted within splay structures of the Llewellyn system. Furthermore, silt sampling from the Regional Geochemical Survey identified a correlation to anomalous Gold and Arsenic values along the extent of the Llewellyn Fault structures. This correlation may indicate a mesothermal affinity to gold mineralization and prominent regional structures seen in other geological settings like the renowned Albiti Gold Belt, Quebec. Furthermore, BC Minfile occurrences exhibit a spatial association with occurrences focused along the NW strike of the Llewellyn Fault.

Previous workings such as adits, mine camps, and tram lines can be found throughout the property, with some underground workings stretching for hundreds of meters. These workings follow high grade gold quartz-sulphide veins that are discordant from the underlying metamorphic geology. Present day efforts in the region seek to utilize exposure from glacial abatement and improved geological reconnaissance techniques to locate orebodies in this prospective region. 

The Bighorn Creek Developed Prospect is located just north of the property boundary. The showing is of a mesothermal quartz vein with an indicated resource reserve of 69,000 tons grading at 5.83 g/t gold. Work completed in 1991 by Micrex Development Corps saw an indicated resource grade in the Bighorn vein of 76,000 tons at 4.38 g/t with a 3.68 g/t cut-off. 

Exploration of the Deep Pockets property by the B-ALL Syndicate in 2024 revealed previously undiscovered high-grade gold and polymetallic mineralized quartz veins. These veins were found within an increased search area that focused on regional targets aided by unhindered helicopter access that allowed targets to be seen and accessed efficiently. These veins are East striking and concordant with previously identified mineral showings, presenting a new extent for unexplored mineralized systems in the area. No drilling has been used to test targets within the Bighorn Valley to date. 

Exploration on the Deep Pockets Property qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

Sampling of these zones returned the highest assays for gold and silver from the 2024 exploration season. The veins at these zones share common characteristics in host, mineralogy, texture, and a long strike of 4 kilometers. 

At both zones mineralization consists of pyrite, chalcopyrite, and galena within a concordant quartz vein hosted in a chlorite schist bounded. Veins are bordered by both brittle and ductile fabrics indicating deep emplacement. The East dominated strike and shallow dip geometries of these veins match historical targets seen at the Bighorn Creek Developed Prospect with specially elevated gold values. 

The Better Bet zone is defined by multiple samples. A grab sample from outcrop achieved exceptional gold values up to 78.17 gpt Au, with 154.96 gpt Ag, 0.4% Cu, and 0.2% Pb. A float sample below the vein achieved 6.8 gpt Au and 102 gpt Ag. The vein in outcrop strikes East at 85, and a shallow dip at 19 degrees. In-situ the vein is concordant with host foliation and has an observed width of 1 m, the system remains open in all directions.

The Hay Day zone is defined by one sample; grab sample D750172 assayed for 44.75 gpt gold, 52.93 gpt silver, 1.4% Cu, and 0.86% Pb. The Sample was collected from a quartz-sulphide vein containing a 4 % sulphide content consisting of semi-massive galena, blebby chalcopyrite, and disseminated pyrite. The vein pinches and swells along strike, reaching a maximum thickness of 1.2 m at blowout sections. The true extent of the vein is concealed by overburden and vegetation, remaining open in all directions. 

The Adit Zone presents a different vein geometry than that seen in the Hay Day and Better Bet zones. The zone is the site of a historical shaft located above an old camp site with tram infrastructure and smelting equipment on site. The adit extends for 130 m following a steeply dipping fissure-like quartz vein striking East-Southeast and dipping to the south. Widths exceed 1 meter hosted within a Jurassic aged foliated tonalite unit. Mineralization consists of abundant disseminated pyrite that historically was associated with higher gold grades. The host shows quartz-sericite-pyrite alteration assemblages, the vein is offset in areas and crosscut by mafic dykes. 

Mineralization at the Show Time Zone consists of two mineralization styles. The first style is steeply dipping and Southeast trending oxidized quartz veins that crosscut the metamorphic host. Mineralization principally consists of disseminated pyrite. Sampling of two of these occurrences produced anomalous gold results of 0.64 gpt Au and 0.61 gpt Au. The second type of mineralization consists of parallel veins varying in width from 3 to 10 cm, veining is concordant to metavolcanic bedding. Mineralization consists of fine grained molybdenite and pyrite seams filling fractures. The host rock consists of well-banded biotite-muscovite schist with chlorite bands persistent in the vein and host. 

Data analysis from historical work has identified Mag and EM anomalies on the Deep Pockets Property from an airborne survey flown in 2007 by Micrex Development Corp. There are two prominent areas of high conductivity, on the west side of the property trending North-South and in the east of the property a linear trend striking Northeast that has never been tested. The N-S trending structure is interpreted to be a fault belonging to the Llewellyn fault complex. This anomaly also overlaps with the location of the Hay Day Zone and justifies further sampling and investigation. The NE striking anomaly in the east of the property may be attributed to a secondary structure of the Llewellyn, and with the proximity to the Better Bet Zone warrants investigation and further sampling. 

The appearance of quartz-calcite-ankerite veins with epithermal textures to the Northwest of the Deep Pockets property highlights further areas of interest. Gold assays revealed results of 0.20 gpt Au. These veins occur within linear structures that crosscut hosting schistic foliations within proximity to intruding tonalite stocks and plugs. 

The diversity of lithological units and tectonic origin of the Boundary Ranges Metamorphic Suite (BRMS) defines the economic potential of the area; a majority of the MINFILE occurrences in the Lake Tagish region are hosted in the BRMS. The Suite is known to host VMS style mineralization, best developed in the past producing Tulsequah Chief mine 342 km to the South of the property. The deposit achieved 6,034,000 tons grading 2.63 g/t Au, 96.0 g/t Ag, 6.44 % Zn, 1.42 % Cu, and 1.23 % Pb. A more proximal example of VMS mineralization lies 37 km to the North in the Big Thing showing of the property. Hosted in metavolcanics of the BRMS sampling of this showing achieved 6.5 gpt Au and 51.42 gpt Ag.  

The Deep Pockets property is underlain by Devionian to Permian metamorphic rocks of the BRMS and Tonalite of the Lawson Suite. Rocks of the BRMS units are poly deformed volcanic arc strata, preserved textures indicate a diversity of protoliths. Observed lithologies are diverse including greenstone facies, gneiss, schists and minor marble. Furthermore, large intrusive bodies exist to the west of various intermediate compositions Mesozoic and Cenozoic in age; these systems have yet to be tested for economic potential. 

Results of the 2024 season constitute the effort for further exploration in the area of the Deep Pockets property. Further efforts should be directed to detailed property mapping to reveal potential blowout zones and understand structural controls. Zones identified in the 2024 seasons should see a continuation of sampling with an emphasis on channel sampling cross-width vein exposures. Surficial sampling and insight gained via mapping should be directed into identifying drill targets. 

The Deep Pockets property offers economic potential within an underexplored region with prime geologic terrain with glacial abatement exposing new tracks of ground. Auriferous gold veins in the region are known to yield high-grade values for relative low-tonnage.