The 2140ha Fraser Canyon Gold property lies approximately 25 km northwest of Quesnel, BC and is accessible by well-maintained roads. The property consists of both mineral and placer tenures, all of which are 100% owned by Omineca Mining and Metals.
The Pay Channel
A buried Tertiary channel with a basal gold-bearing cobble conglomerate crosses the Fraser River at the downstream end of Cottonwood Canyon. This buried channel extends in a NW direction on the north side of the river with workings following it known as the Tertiary Mine. On the south side of the river the buried channel extends to the SE with workings known as the Channel Mine. The bedrock interface along these projections are defined using drilling and geophysics over a strike length of more than 7 km.
The Canyon Mine area was first prospected as part of the gold rush of the 1860s. Limited development and production at both the Canyon and Tertiary adits existed off and on by a number of different operators from 1920 until WWII. Work completed on the property between 1986 and 1990 by a number of exploration companies consisted of diamond drilling, geophysical (seismic, VLF, magnetic) surveys and limited geological mapping. The majority of this work was focused on defining and following the projection of the pay channel from the two adits.
2014 Exploration Program
The 2014 exploration work consisted of a 22 line-km LiDAR and Orthophoto survey that covered the property in its entirety along with historical data compilation. The data compilation involved analysis of all historical reports available on the property to identify useful data that could be integrated into a digital GIS system. Interpreted geologic/geophysical sections were reproduced using GIS software that was then used to create a 3D model of the bedrock interface and interface between the unconsolidated and consolidated sediments where possible.
The Fraser Canyon project has the potential to host economic grade placer gold deposits within and beyond the known historical workings. The length of the Tertiary channel projection has been loosely defined over a strike length of over 7 km, the majority of which has not been evaluated using drilling and test pits.
Historical work has confirmed the recoverable gold potential within paleo placer channels at the bedrock interface on the Fraser Canyon property while geophysical surveys and drilling have been successful in defining soil profiles and bedrock interfaces.
A high resolution orthophoto and DEM now exists on the property that can be used for evaluating further exploration in terms of depth from surface to bedrock interface, drilling and exploration test pits.
Future Work Recommendations
Further work recommendations include data compilation and consultation with a placer mining expert to determine priority placer gold targets for drilling, geophysical surveys and test pits. This will assist with evaluating the economic viability of further development with the goal of producing gold from the historic Canyon Mine. Targets have been established for further exploration along the projection of both the Tertiary and Canyon channels.
Updated Jsanuary 30, 2017