prospect valley gold property · 2019-02-07 · drilling highlights kamloops boston bar lytton...

12
PROSPECT VALLEY GOLD PROPERTY www.westhavenventures.com

Upload: others

Post on 03-Jul-2020

0 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

PROSPECT VALLEY GOLD PROPERTY

www.westhavenventures.com

Page 2: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Cautionary & Forward Looking Statements

Certain statements contained in this presentation that are not historical facts are forward-looking

statements as that term is defined in the United States Private Securities Litigation Reform Act of 1995. In

addition, certain statements in this presentation may be considered forward-looking information under

applicable Canadian securities laws. Forward-looking statements and forward-looking information

address future events and conditions and therefore involve known and unknown risks and uncertainties.

Forward-looking statements are frequently characterized by words such as “plans”, “expects”, “estimates”,

“projects”, “intends”, “believes”, “anticipates” and other similar words, or statements that certain events

“may” or “will” occur. They can also be identified by the fact that they do not relate strictly to historical

or current facts. Forward-looking statements are based on the opinions and estimates of management at

the date the statements are made, and are subject to a variety of risks and uncertainties and other

factors that could cause actual events or results to differ materially from those projected in the forward-

looking statements. These factors include, but are not limited to, the inherent risks involved in the

exploration and development of mineral properties, the uncertainties involved in interpreting drill results

and other exploration data, fluctuating metal prices, the possibility of project cost overruns or

unanticipated costs and expenses, uncertainties relating to the availability and costs of financing needed

in the future and other specific factors that may be identified in the course of this presentation. No

forward-looking statement can be guaranteed and actual results may differ materially from those

currently anticipated in such statements. The Company undertakes no obligation to update forward-

looking statements except as required by applicable law. The reader is cautioned not to place undue

reliance on forward-looking statements.

Page 3: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Vancouver

Location ~35,000 ha Spences Bridge Gold Belt (SBGB)

These underexplored volcanic

rocks are highly prospective for

epithermal style gold

mineralization.

Page 4: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

History – Fraser River Gold RushS

PEN

CES

BR

IDG

E G

OLD

BELT

PROSPECT

VALLEY

SHOVELNOSE

The discovery of coarse placer gold at the confluence of the Nicoamen and Thompson Rivers in 1857 sparked the Fraser River Gold Rush that a year later drew an estimated 20,000 prospectors.In 2005 (1st drill

program on the belt), an intercept grading 20.2 g/t gold over 12.8 metres confirmed the presence of high grade epithermal gold on the SBGB.

25 km

SKOONKA

CREEK

Lytton

Spences Bridge

Yale

Page 5: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Prospect Valley Gold Property (100%)

PR

OS

PEC

T V

ALLEY

GO

LD

PR

OP

ER

TY

Merritt

➢ 10,871 hectares

➢ Potential to host bulk

tonnage and/or high grade

vein deposits

➢ Limited drilling has

outlined a NI 43-101

compliant Inferred

Resource totaling 166,000

ounces grading 0.511 g/t

gold in 10,077,000 metric

tonnes above a cut-off of

0.30g/t gold at the

combined Discovery South

and Discovery North Zones

Highland Valley Copper(Largest Open Pit Mine in Canada)

Spences Bridge

25 km2

Page 6: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Drilling Highlights

Kamloops

Boston Bar

Lytton

Merritt

➢ PV2016-04 returned 95.70m of 0.70

g/t gold and 5.71 g/t silver

including, 15m grading 2.23 g/t

gold and 15.18 g/t silver

➢ DDH-2006-21 returned 45.70m of

1.44 g/t gold and 8.2 g/t silver

including: 4.60m grading 4.38 g/t

gold and 8.90m grading 2.03 g/t

gold

➢ DDH-2007-02 returned 32.20m of

1.40 g/t gold and 9.70 g/t silver

➢ DDH-2007-05 returned 6.71m of

3.62g/t gold including:1.33m

grading 12.20g/t gold and 24.30

g/t silver

Page 7: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Kamloops

Boston Bar

Lytton

Merritt

RM2006-21: 45.7m of 1.41 g/t Au; including: 4.6m grading

4.39 g/t Au and 8.90m grading 2.03 g/t Au

Page 8: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Kamloops

Boston Bar

Lytton

Merritt

➢ PV2016-04 returned 95.70m of 0.70

g/t gold and 5.71 g/t silver

including, 15m grading 2.23 g/t

gold and 15.18 g/t silver

➢ A grab sample from abundant

altered float suspected to be near

source, returned assays of 21.7 g/t

gold and 17.65 g/t silver

➢ Ridge Target (1.2 kilometres

northeast of the Discovery North

zone): a grab sample from

outcropping returned 7.47 g/t gold

➢ Quartz float discovered along the

western flank of Southeast

Extension, assaying 9.49 g/t gold,

indicates a proximal source to gold

mineralization here

2016 Highlights

Page 9: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

10 km Strike Length Potential

Kamloops

Boston Bar

Lytton

Merritt

Highly Anomalous

Gold in SoilsEQUITY EXPLORATION

CONSULTANTS NI 43-101

REPORT, January 11, 2012:

It seems quite possible that

the fault/epithermal system

which controls the Discovery

Zone extends across the

entire property from the

Bonanza Valley target in the

south to the stream

sediment anomalies on the

northern boundary, a

distance of ten kilometres.

Page 10: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Induced Polarization

Boston Bar

Lytton

Merritt

Highly Anomalous

Gold in Soils

➢ Drilling in the Discovery Zone

shows a chargeability high

marks Au-bearing

mineralization, likely due to

the presence of its associated

1-3% pyrite.

➢ Discovery Zone drilling

showed that mineralization is

also associated with

northerly-trending bands of

high apparent resistivity,

likely reflecting silicification

and quartz stockworks.

Page 11: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Ridgeline Target

Kamloops

Boston Bar

Lytton

Merritt

953.1 ppb Au819.2 ppb Au663.8 ppb Au461.5 ppb Au

Gold in Soils

South Discovery Zone

North Discovery Zone

➢ Limited prospecting

discovered grab

samples from

outcropping that

returned 7.47 g/t gold

and 1.25 g/t gold

Page 12: PROSPECT VALLEY GOLD PROPERTY · 2019-02-07 · Drilling Highlights Kamloops Boston Bar Lytton Merritt PV2016-04 returned 95.70m of 0.70 g/t gold and 5.71 g/t silver including, 15m

Contact Information

1056 – 409 Granville Street

Vancouver, BC V6C 1T2

Tel: (604) 681-5558

Fax: (604) 681-5528

www.westhavenventures.com

[email protected]

CO

NTA

CT

INFO

RM

AT

ION