Aurwest's Copper-MOLYBDENUM-Gold-SILVER properties are situated within the Sulphurets Hydrothermal System, which hosts one of the world's largest concentrations of minerals; 188 Million oz of Au estimated reserves; 1.2 billion oz Ag estimated reserves; and 55 Billion pounds copper
Aurwest is a Canadian-based junior resource company focused on the acquisition, exploration, and development of gold properties in Canada. The Company also currently holds a 100% interest 3,762 hectares of contiguous claims at Stars a 100% interest property located approximately 65 kilometers southwest of Houston British Columbia.
STARS - 3,762 Hectares (100%)
The Stars porphyry discovery represents a possible higher-grade porphyry discovery in an area of excellent access and infrastructure. Aurwest’s northern claims cover a prominent NNE trending group of regional aeromagnetic highs that include one coincident with the Stars discovery and it’s intrusive host rocks.
A total of 16 diamond drill holes totaling 6,472m has been completed to date which discovered the "Tana Zone" a continuously expanding mineralized porphyry intrusion intersected over 400 m of copper mineralization extending the entire length of drill hole DH-010, ending in mineralization at a final depth of 490m. On February 28, 2018, the previous vendor reported that drill hole #4 intersected 40.2 m of 1.02% copper equivalent (CuEq), within a broader interval of 204 m of 0.50% CuEq close to surface. Drilling at Stars targeted an area approximately 100m southeast of an area of previous drilling, where in 2001 drill hole DDH CS-07 intersected 142m of 0.25% copper. The 2018 discovery hole targeted an area of elevated magnetic signature that was coincident with both IP chargeability and copper-in-soil geochemical highs, which remain open at depth and to the south.
Aurwest intends to model all available historical exploration data including 3D modelling of the Tana Zone. The results of these work programs will be used to prepare a proposed recommended program and budget to continue exploration and drilling of the larger Stars Property. Additional drilling will be necessary to further define and expand the limits of the copper deposit to better define mineral resources.
Overview
The Stars Property consists of three mineral tenures (3,762 ha), located in the Omineca Mining District, located approximately 65 km southwest of Houston, British Columbia. The Property is located at UTM coordinates 612,900 mE and 6,010,400 mN, on NTS map sheet 093L / 03 and can be accessed by all-season forest roads, including the Chisholm Mainline FSR, which runs directly through the southern portion of the Property.
The area comprising and surrounding the Stars property has been explored intermittently since the early 1970’s. Historical exploration consisted of mapping, sampling, prospecting, airborne and ground magnetic surveys, Induced Polarization surveys, and several reverse circulation and diamond drilling programs.
Geology
The property is underlain by Hazelton Group volcanic and subordinate sedimentary units, intruded by stocks and other intrusions attributed to the Late-Triassic to Early-Jurassic Topley Intrusions as the oldest, followed by the Late-Cretaceous Bulkley Intrusions, and finally the youngest Eocene-aged Babine Plutonic Suite.
The mineralization on the Stars property consists of porphyry style vein hosted and disseminated chalcopyrite/bornite, and quartz vein hosted molybdenite, with low but significant concentrations of gold and silver. The mineralization is hosted in both volcanic and intrusive rocks, exhibiting variable alteration suites and silicification. The mineralization intersected in the 2017-2018 drilling program is referred to as the “Tana Zone”, and remains open in several directions and down dip.
Future work
Aurwest intends to model all available historical exploration data including 3D modelling of the Tana zone. The results of these work programs will be used to prepare a proposed recommended program and budget to continue exploration of the larger Stellar/Stars Property package.