Athelstan-Jackpot Project

Listwanite-Associated Lode Gold Mineralization

of the Motherlode Type

  • At A-J the former Athelstan and Jackpot  gold mines (7,600 ozs Au & 9,000 oz Ag) along, with current high grade gold pit, trenches and mine dump sampling results, are associated with listwanite, a key ultramafic rock alteration directly associated with several multi-million ounce gold deposits in British Columbia, Atlin, Bralorne and Barkerville as well as the Motherlode District in California.

Click here to read more about Listwanites

The Athelstan-Jackpot (A-J) Property

  • Property contains Athelstan and Jackpot past producing gold mines.
    Production: 7,600 ozs Au & 9,000 oz Ag (Minfile 082ESE047).
  • Excellent infrastructure with power, water and highway access.
  • Only 1.5kms from 200 tpd toll mill.
  • Along with the numerous mineralized pits the property contains extensive mine dumps that contain further mineralization.
  • The strike extent of the A-J gold bearing structure is over 1 kilometre

1986 Trench and Dump Sampling Highlights

Note: 1986 rock sampling was conducted by Mr. David Jaworski and preparation and geochemical analysis were undertaken by Acme Analytical Laboratories at their 1020 Cordova St. East Vancouver facility.
All 1986 rock samples were analyzed for gold (AU-AA23) and 35 elements by ICP- AES using an aqua regia digestion (ME-ICP41). Reported in 1989 Report on Athelstan-Jackpot Property, Authored by J.J. McDougall, P.Eng.

2020 High Res Drone Magnetic Survey Identifies More Gold Targets

Belmont’s detailed, low-level high res magnetic survey of the A-J property comprised 95 line km, with magnetic data collected on 25 m spaced, north-south trending lines.  The mag survey, combined with the company’s recent Lidar survey and with historic exploration data from the property, has identified a number of priority targets for follow-up work.

The mag survey supports the presence of 2 prominent northwest trending faults (the Jackpot and Oro faults from prior geological mapping)[1].  It also delineates the west-northwest trending zone of listwanite between these 2 faults.  Listwanite is identified as a magnetic low signature as a result of the destruction of magnetite during the alteration process.

One priority target that has resulted from Belmont’s recent surveys is located at depth below the J-34 and A zones.  The target area is located along a tributary to Skeff Creek, a well-known placer gold creek.  In 2002 and 2003, trenching was completed at the J-34 and A zones by a previous operator

A Zone (Listwanite & Magnetic Low Signature)

At the A zone, 2002 historic chip samples returned 35.2 g/t Au over a 3 m true thickness in one trench and 26.2 g/t Au over a 2.5 m true thickness in a second section[1].

J34 Zone (Listwanite & Magnetic Low Signature)

Two hundred metres to the northwest at the J-34 zone, historic chip samples returned grades of 6.6 g/t Au over a 3.7 m true thickness in one area, and 1.9 g/t Au over 6.8 m true thickness in a second area.[2]

1986 historic chip sampling in this zone returned grades of 17.75 g/t Au, 19.28 g/t Au and 23.97 g/t Au.5

The target area is untested by any previous drilling on the property.  Intrusive rocks are interpreted to underlie the shallow north-dipping band of listwanite that hosts the near surface mineralization in this area.

 

[1] Caron, L., 2002. Assessment Report on the Athelstan-Jackpot Property, Geology, Trenching, Geochemistry and Metallurgy, for W. Hallauer.  BC MEMPR Assessment Report 27044.

[2] Caron, L., 2003.  Assessment Report on the Athelstan-Jackpot Property, Trenching and Rock Sampling, for M. Hallauer and T. Hallauer.  BC MEMPR Assessment Report 27302.

5 McDougall, J. 1989, Report on the Athelstan-Jackpot Property for Toscano Resources Ltd.

2020 Exploration Program

IP Survey & Drilling

  • The Company is awaiting approval of a 5 year work permit application which includes IP surveying and drilling.
  • Upon receipt of the permit an IP geophysical survey will be conducted
  • Results from both the Airborne magnetics and the IP survey will be qualified to delineate drill targets.

Additional Drill Targets

  • Low angle southwest directed drilling to test for shallow low grade bulk tonnage gold mineralization across the A-J mineralized trend.

Listwanites form as a result of the chemical reaction between serpentinite and CO2-rich fluids.   These fluids usually migrate along faults or fractures (Jackpot Fault?) along the contact of serpentinite and the  adjacent country rocks”

    • Drilling to test the intersection of the A-J mineralized trend with the Jackpot fault (east of the B zone) for structurally controlled mineralization.

    Belmont Properties
    Greenwood – Republic Mining Camp

    A-J Geology Showing Listwanite

    A-J Geology in  Mineralized Gold Zones

    A-J High Res Drone Mag Survey

    A-J High Res Drone Mag Survey Mineralized Gold Zones