Fact Sheet - pdf - Finlay Minerals Ltd.

TSX-V: FYL | finlayminerals.com
PIL PROJECT
TOODOGGONE REGION, BRITISH COLUMBIA
•
2016 Discovery of copper (Cu) and silver (Ag) mineralized alkali porphyry
bedrock containing abundant chalcopyrite. Rock samples collected from
outcrops and talus below a cliff face assayed 0.05% to 1.04% Cu and 2.8 to
23.9g/t Ag. This discovery, called Copper Cliff, is within the Pillar East Zone of
the Pil property.
•
2015 Discovery of epithermal gold (Au) silver (Ag) vein-breccia system.
Immediately south disseminated chalcopyrite was found in numerous
fragments on a large talus slope of tuffaceous volcanic rocks. Rock samples
returned Cu values ranging from 0.99 to 1.67% and Ag values from 3.2 to
33.8g/t.
•
•
•
John Barakso, geochemist, has worked in the
Toodoggone region since 1961 and was part of
the discovery team of the Kemess deposits with
Kennco Explorations (Western) Ltd.
Pil Project
KEMESS EAST
KEMESS MINE
1999-2006 Discoveries of Cu-Mo porphyry (NW Zone), epithermal Au-Ag
vein-breccia system (Atlas East Zone). Other zones include Au-Ag
mineralization in shears and silicification above alkali porphyry (Silver Ridge
Zone), quartz veins, potassic alteration and Cu mineralization and postulated
pyrite halo above deep, buried alkali porphyry (Pil South Zone).
MT MILLIGAN MINE
Prince
Rupert
Silver Hope
Project
Fort St. John
LORRAINE
Smithers
The Pil Project is situated along a 1,000-km long belt of volcanic and intrusive
rocks (Quesnel Terrane) host to Cu-Au-Ag alkali porphyry deposits such as
Kemess (open pit, past producer) and nearby Kemess Underground and
Kemess East deposits of AuRico Metals, 35 km southeast; the Mt. Milligan Mine
(open pit, producer) of Centerra Gold; the Mt. Polley Mine (open pit, producer)
of Imperial Metals; the New Afton Mine (underground bulk tonnage, producer)
of Newgold; and the Copper Mountain Mine (open pit, producer) of Copper
Mountain Mining.
Prince
George
Quesnel
B RI T I SH
CO LU M B I A
Major Alkalic
Porphyry Deposit
MT POLLEY MINE
AFTON MINE/AJAX
Kamloops
COPPER MTN MINE
Quesnel Terrane
Vancouver
Victoria
2017 Program proposed induced polarization (IP) and magnetic surveys,
geological mapping, rock sampling, and trenching.
Pil Property
Claim
Boundary
LAR
Pb, Ag, Au
NW ZONE
NE ZONE
SILVER
RIDGE
ZONE
WG GOLD
ZONE
GOLD
ZONE
ATLAS EAST
Au, Ag, Cu
ATLAS
WEST & EAST
BLACK
Cu, Zn
PILLAR
EAST
Baker Mine
Au, Ag, Cu, Zn, Pb
MICHEL
Cu, Ag
PIL SOUTH
ZONE
Minfile Occurrence
5000 m
Shasta Pit
Au, Ag, Zn, Cu, Pb
Black Lake
Intrusion
Pil Property
Claim
Boundary
ATLAS WEST
Ag, Au
CENTRAL
ZONE
0
Atty Project
KEMESS
UNDERGROUND
0
Brenda
Au, Ag, Cu, Pb, Zn
Pil Property
500 m
Minfile Occurrence
Pillar East Zone
ATTY PROJECT
TOODOGGONE REGION, BRITISH COLUMBIA
•
The southern portion of the ATTY property (due north of the Kemess “East” deposit) has
the same geological setting as at the Kemess East. A strong deep TITAN IP anomaly near
the southern ATTY boundary potentially indicates mineralization linking ATTY with the
Kemess East deposit. In all, three Titan IP anomalies were identified immediately north
and in line with the Kemess East deposit.
•
Much of AuRico’s Kemess East deposit lies within 1,000m of the ATTY property border
•
AuRico Metals Inc. announced on January 13, 2017 that they have significantly expanded
the high-grade core of the Kemess East deposit and that the deposit remains open to
both the north and south. (http://www.auricometals.ca/investor-information/recent-press-
Minfile Occurrence
Titan IP Anomaly
Finlay Drill Hole (2004
AuRico Drill Hole
Atty Claim
Boundary
releases/press-release-details/2017/AuRico-Metals-Significantly-Expands-High-Grade-Core-of-KemessEast-Deposit/default.aspx )
Finlay’s drilling (2004) further north intersected veinlets and disseminated pyrite and
minor Cu mineralization in andesite rock but without the necessary host intrusion. The
drilling, Titan IP results and the recent delineation of the deep Kemess East deposit leads
to the conclusion that the 2004 drilling was peripheral and north of the intrusive source.
1000 m
0
SILVER HOPE PROJECT
Kemess
East
Kemess
Underground
678000 m
The Equity Silver Mine produced 71 million oz. Ag, 185 million lbs. Cu and 508,000 oz.
Au from 33.8 M tonnes (historical:https://minfile.gov.bc.ca/report.aspx?f=PDF&r=Minfile_Detail.
rpt&minfilno=093L++001).
•
?
on
oriz
SH14-03
SH11-12
Mai
•
SH11-13
Southern mineralized structural continuation is postulated from the past producing
Equity Silver Mine (Main and Southern Tail open pit and underground) that exploited
several large Ag, Au, and Cu mineralized zones.
SH11-08
Superstition
Zone
6005000 m
•
SH10-03
ep H
Cu-Mo Porphyry discovered west of the Main Horizon in 2010. Drilling yielded several
100 metre+ intersections of continuously mineralized quartz monzonite over a strike
length of nearly one kilometre. Mineralization is open to the north, south, west and to
depth.
Hope
Zone
SH11-05
n De
•
Cu-Mo
Porphyry
West Horizon
Deep targets postulated at > 200 meters are bulk tonnage, replacement Ag-Au-Cu zones
in altered volcanics defined by deep IP, soil and rock geochemistry and recent drilling.
679000 m
Southern
Tail
Zone
Former Equity Silver Mine
6006000 m
•
6007000 m
677000 m
SH14-02
2017 Targets include continued deep drilling to test for the intrusive source and
delineating the tonnage potential of mineralization in the Gaul zone around SH14-02.
6006000 m
Deep drilling along the Main “Deep” Horizon at the Superstition zone was successful
where hole SH11-12 intersected 76 meters of 29g/t Ag, 0.43g/t Au, and 0.20% Cu.
Situated 500 meters to the south the Gaul Zone was drill tested below the depth of any
historic holes. Drill hole SH14-02 intersected 10.25 meters of 319g/t Ag, 0.19g/t Au and
0.88% Cu.
6005000 m
•
on
The Main “Deep” Horizon, a north-south trending mineralized zone, has been traced for
2.1 kilometers and includes three historic mineralized zones referred to as Hope,
Superstition and Gaul.
East
H
•
Gaul
Zone
Exploration Target Area
Finlay Drill Hole (2014)
Finlay Drill Hole (2011)
Finlay and Other Drill Holes
0
677000 m
500 m
SH14-01
678000 m
PROVEN DEPOSIT AND MINE DISCOVERIES
Finlay management has +170 years of accumulated geological, geochemical and deposit finding experience.
MANAGEMENT & DIRECTORS
SHARE STRUCTURE
John Barakso, M. Sc.
Robert Brown, P. Eng.
Rick Dauphinee, B.Sc
Warner Gruenwald, P. Geo.
David Schwartz, B. Comm, JD
Peter Tegart, B.Sc.
James Tutton, B. Comm.
TSX-V: FYL
Shares:
Fully Diluted:
Options:
Warrants:
Chairman of the Board & Director
President, CEO & Director
Director
Vice-President Exploration & Director
Director
Director
Director
6007000 m
HOUSTON AREA, BRITISH COLUMBIA
oriz
•
68.8 million
77.3 million
3.7 million
4.9 million
Finlay Minerals Ltd.
Suite 912 - 510 West Hastings Street
Vancouver, BC Canada V6B 1L8
T: 604.684.3099
[email protected]
finlayminerals.com
Finlay Mineral’s disclosure of a technical or scientific nature has been reviewed by Warner Gruenwald, P.Geo., Vice President, Exploration of Finlay Minerals Ltd. and a Qualified Person under the definition of National
Instrument 43-101. Finlay Minerals Ltd. (the “Company”) expressly warns readers not to rely on the information herein for investment or other related purposes. Accordingly, any use of this information is at the reader’s
risk and without liability to the Company. The information contained herein is not to be construed as either a public or private offer or solicitation to purchase securities in the capital stock of Finlay Minerals Ltd. The reader
is referred to his/her professional investment advisor regarding investment or related decisions respecting the securities of the Company.
March 2017
679000 m