Golden Girl

The Golden Girl property consists of a series of claim blocks covering an area of 8,471 hectares in world-class underexplored geologic terrane in the heart of the Golden Triangle within the Iskut River region of Northwestern British Columbia. Recent glacial retreat and continued permanent snowpack abatement have revealed vast areas of new outcrop throughout the property where in 2024 the B-ALL Syndicate team discovered a large new gold-silver system with grades up to 11.28 g/t Au, 3262 g/t Ag, 5.37 % Cu, >20 % Pb, and 14.15 % Zn. This new zone of strong gold-silver mineralization and associated alteration measures 12 km by 7 km and comprises a core area rich in gold and a surrounding halo rich in silver. Forty-seven samples collected on Golden Girl in 2024 assayed > 1 g/t AuEq. Mineralization generally occurs as structurally controlled shear zones with sulphide-rich veins, stockwork and breccias comparable to what was mined at the nearby Snip Gold Mine.

The property geology is part of the same geologic package as the Snip Gold Mine (21 km northeast of the property’s center), which produced 32 million grams of gold, 12.1 million grams of silver, and 249,276 kilograms of copper at an average grade of 127.5 g/t gold in 8 years. Mineralization of the Snip mine is structurally controlled and the majority of it is hosted in a shear-structure striking southeast. Mineralization is characterized by quartz-calcite veins in feldspathic-wacke units of the Stuhini Group. The extent of the deposit has been traced 500 m down dip and over a strike of 1000 m. High-grade gold mineralization is associated with the occurrence of calcite-biotite bands and disseminated to massive pyrite occurrences within veins.  The Golden Girl property shares geologic terrain with some of the Golden triangle’s defining deposits. In addition to the Snip Gold Mine, the Eskay Creek deposit (3.3 million ounces of gold, 160 million ounces of silver mined between 1994 and 2008, with an estimated 3.3 million ounces of gold, 88 million ounces of silver in reserves) also defines the metallogenic profile in the region 60 km east of the Golden Girl property, as well as other major deposits in the area such as Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), the world’s largest known gold reserve at KSM (47.3 million ounces of gold, 160 million ounces of silver, 7.32 billion pounds of copper), as well as the Brucejack high-grade epithermal gold deposit (14 million ounces of gold, 91.8 million ounces of silver). The Golden Girl property geology is favorable to host these types of deposits as confirmed by the presence of extensive areas of alteration, strong silt, soil and rock geochemistry, key structures and textures on trend with the past producing Snip Gold Mine, and structurally controlled high-grade polymetallic veins, that have been discovered within the Golden Girl claims. 

The Golden Girl property exploration qualifies for the Critical Mineral Exploration Tax Credit (CMETC).

The Golden Girl property is located 101 km West of Bell 2, 116 km Northwest of Stewart, and 290 km from the city of Terrace (major amenities include a commercial airport and railway terminal). The Stewart-Cassiar Highway is 107 km east of the property. Furthermore, the Iskut River hosts hydroelectric infrastructure operated by AtlaGas/Coast Mountain Hydro. and the associated Forrest Kerr access road 39 km East of the property. The property can be accessed year-round with Helicopters from the Forrest Kerr Road 39 km to the east as well as from the Bronson Air Strip and Camp 14 km to the East.

The property contains 16 MINFILE occurrences, discovered through previous exploration work conducted in 1990. Historical assays of these showings prove significant Au, Ag, Pb, Cu, and Zn assays within mineralized showings on the property. The property has seen little renewed exploration since the 1990s, and with extensive ongoing glacial ablation, has opened the potential for discovery of new large mineralized systems on the property.

Mineralization discovered during the 2024 exploration season consists mainly of structurally controlled shear zones that contain veins, stockwork and breccias where hydrothermal fluids took advantage of pre-existing structures to deposit gold-silver rich mineralization as well as sulphides such as chalcopyrite, galena and sphalerite associated with quartz-carbonate rich veins. Pervasive alteration associated with fluid infiltration is often observed surrounding the zones of strong gold-silver mineralization.

Mineralization was mainly encountered in two settings, with each setting holding characteristics of Polymetallic Veins Ag-Pb-Zn/Au (Grand Slam gold priority zone, and Skyhigh silver priority zone). 

The first setting is hosted within rocks of the strongly deformed Stikine Assemblage, showing signs of brittle and ductile fabrics. Mineralization is hosted within felsic metavolcanic units, with cross-cutting quartz-sulphide veinlets. Sulphides occur as galena, pyrite, and chalcopyrite with a gangue mineralogy of quartz-carbonate-ankerite-hematite. Mineralization associated with this first type also appeared in green-gray weathering altered tuffaceous units in shear zones between volcanic and sedimentary rock contacts and carbonaceous interbedded sediments. Sampling of the first type of mineralization in various locations achieved assays up to 11.28 g/t Au. 3262 g/t Ag, 2.86 % Cu, >20 % Pb, 14.1 % Zn.

The second setting is hosted within the Stuhini Group with subaqueous basaltic flows intercalated with limestone and marble lenses. Mineralization is hosted within oxidized marble units within quartz-carbonate crackle breccias. Sulphides appear as galena and in streak and seams within the breccias. Sampling of this material from the sulphide rich breccias achieved assays up to 0.92 g/t Au, 2531 g/t Ag and >20 % Pb.

D751631 grab 45.16 g/t AuEq (5.50 g/t Au and 3261.82 g/t Ag), D751628 grab 38.39 g/t AuEq (8.59 g/t Au and 1769.68 g/t Ag), D751629 grab 25.60 g/t AuEq (1.32 g/t Au and 1828.17 g/t Ag) from a 25 cm quartz-sulphide vein with massive patches of fine grained galena and lesser pyrite, pyrrhotite and chalcopyrite within a 1.5 meter wide shear zone with disseminated sulphides that is exposed on surface for >75 meters and remains open. The shear zone is hosted in a strongly chloritized tuffaceous unit and is covered by overburden on either side.

D751915 grab 35.12 g/t AuEq (0.92 g/t Au and 2531.45 g/t Ag) from a shear zone containing quartz sulphide veins with semi-massive to massive patches of galena, chalcopyrite and sphalerite. The shear zone is up to 1 meter wide and extends for over 60 meters on surface and remains open. 

D751738 channel 31.66 g/t AuEq (3.74 g/t Au and 2105.45 g/t Ag) from a 6-meter-wide oxidized quartz-ankerite-sulphide vein with massive galena and stringers of chalcopyrite, sphalerite and minor pyrite. The vein is exposed on surface for several tens of meters and remains open.

D751551 Grab 28.14 g/t AuEq (11.28 g/t Au and 1465.23 g/t Ag), D751552 grab 13.00 g/t AuEq (5.48 g/t Au and 644.81 g/t Ag) from a 1-meter-wide quartz containing a stockwork of fractures filled with fine grained galena, brown-black copper mineral (tenorite?), and chalcopyrite, as well as azurite and malachite staining on fracture surfaces. The vein has limited exposure and remains open.

D751807 grab 24.06 g/t AuEq (0.17 g/t Au and 1558.66 g/t Ag)

D751554 grab 13.66 g/t AuEq (0.25 g/t Au and 1114.15 g/t Ag) from an 8 cm wide quartz-ankerite vein hosting veinlets of bornite, blebs of chalcopyrite and blebs up to semi-massive galena. The vein extends for a few meters and remains open.

D751735 11.29 g/t AuEq (0.44 g/t Au and 812.73 g/t Ag), D751736 3.34 g/t AuEq (0.22 g/t Au and 247.74 g/t Ag), D751737 1.73 g/t AuEq (1.27 g/t Au and  33.97 g/t Ag) from a 3 meter long channel cut of a 6 m wide strongly oxidized quartz-ankerite vein with massive galena, stockwork chalcopyrite and semi-massive blebs of sphalerite and pyrite exposed on surface for 30 meters and remains open.

D751516 grab 10.89 g/t AuEq (1.80 g/t Au and 82.99 g/t Ag) from a 3-meter-wide oxidized zone within a chlorite-sericite schist shear zone with lenses of semi-massive to massive galena and sphalerite. The outcrop is covered by overburden on the margins and remains open.

D751723 float 10.86 g/t AuEq (5.07 g/t Au and 2.75 g/t Ag) from a brecciated quartz-sulphide layer hosted in a tuffaceous unit with blebs of semi-massive to massive galena as well as minor chalcopyrite and bornite that remains open.

D751919 chip 10.84 g/t AuEq (10.51 g/t Au and 24.31 g/t Ag) from a strongly oxidized quartz vein 50 cm wide containing galena, sphalerite and pyrite that remains open.

The majority of the property remains unexplored due to glaciers and permanent snowpack that only recently have started rapidly receding. During the short 2024 exploration program several new showings were discovered within the high-grade gold- and silver-rich zones, two of which are drill ready (i.e. crackle breccia with galena, felsic metavolcanic unit with sulphide veining), while a number of other new showings could quickly evolve into additional solid drill targets once they are properly mapped and expanded. Most of the MINFILE occurrences recorded on the property have not seen any follow-up work either since they were recorded, often reporting high snowpack and glacial cover as a reason for suspending the work. This provides strong confirmation of the untapped discovery potential that remains on the Golden Girl property. With more than 95% of the property unexplored and the remaining 5% underexplored coupled with the substantial retreat of glacial ice and abatement of permanent snowpack over the last 35 years and a period with no historical surface exploration reported since 1990 provides for strong additional discovery potential.

The work performed on the property in 2024 produced significant results including multiple samples with high-grade gold, silver, copper, lead and zinc assay results from grab samples as well as identifying widespread alteration that is likely linked to one or more gold-rich systems. The work was brief leaving excellent additional discovery potential. Future work should include additional prospecting, sampling and mapping in areas immediately surrounding the known mineralized showings, as well as detailed work augmented by geophysical survey in areas around the known drill ready targets in preparation for drilling.