Silver Valley Data
Silver Valley Information
General 2015-05-10This property is located 8 km to the east of the Ketza River mine site in the Yukon Territory. Extensive soil sampling was conducted in 1968, which yielded several anomalies that were quickly explored with a bulldozer. This work exposed the Key 18B vein, which assayed 55 opt silver and 49% lead over a width of 2.4 meters. Two mine levels (adits) were excavated to explore the vein, at approximately 20 meters and 50 meters below the surface exposure respectively. Underground channel sampling yielded values as high as 63 opt silver and 64% lead. A 17 meter length of the mineralized zone averaged 22.8 opt silver and 19.9% lead. Gold ran as high as 6 grams per tonne, but was only analyzed for in a few of the samples. A 1977 Iona Silver Mines report lists an inferred resource of 15,000 tons at 17 opt silver and 12% lead. This calculation pre-dates National Instrument 43-101, and the Company is not aware of how the estimate compares to the categories of resources set out in NI 43-101. Holes drilled to date at Silver Valley are on only one portion of one exposed vein within the geologically prospective project area. A ground geophysical survey was carried to identify extensions of this vein system. Two other ground geophysical grids covered the Silver Rain and Silver Belle targets, 2.25 and 3.75 kilometers southeast of the current area of drilling respectively. VG has recently conducted the following geophysical surveys to help guide exploration including: ground gravity (2011); DIGHEM V aerial geophysics (2007); and a horizontal loop electromagnetic (HLEM) ground survey (2007). Additional drilling at Silver Valley is targeted for 2012 to test the geophysical targets and favorable geologic areas.
Nearby Location News
Silver Range Resources Agrees to Sell Its Silver Range Project, Yukon Territory 2016-09-01
VANCOUVER, BC--(Marketwired - September 01, 2016) - Silver Range Resources Ltd. (
TSX VENTURE: SNG) ("Silver Range") announces that it has signed an optional sale agreement with a private British Columbia company (the "Purchaser"), related to the Silver Range zinc-silver-lead project, located in the Whitehorse Mining District, Yukon Territory.
Silver Range Options Up Town Gold Project to Rover Metals 2016-08-30
VANCOUVER, BC--(Marketwired - August 30, 2016) - Silver Range Resources Ltd. ("Silver Range") (
TSX VENTURE: SNG) announces that it has signed a letter of intent (LOI) to option the Up Town Gold Project to Rover Metals Corp.
Strategic Metals Ltd. Announces the Commencement of Drilling at Its Hartless Joe Property in Yukon Territory 2016-08-09
VANCOUVER, BC--(Marketwired - August 09, 2016) - Strategic Metals Ltd. (
TSX VENTURE: SMD) ("Strategic") announces that it will drill test three or more of its other wholly-owned properties as phase 2 of its 2016 exploration program. Approximately 5,000 m of phase 2 drilling is planned, but the program is open ended, pending favourable results.
Strategic Metals Ltd. Reports More High Grade Assays From Its Hartless Joe Property in Yukon Territory Including 462 g/t Gold Over 0.40 m 2016-07-28
VANCOUVER, BC--(Marketwired - July 28, 2016) - Strategic Metals Ltd. (TSX VENTURE: SMD) ("Strategic") is pleased to announce results from Phase 1 exploration work on its Hartless Joe property, located 28 km east-northeast of Whitehorse in southern Yukon Territory. High grade results were obtained from three separate showings located in the north-central portion of the property. Highlights from continuous chip samples taken from bedrock exposed in hand trenches include:
Darnley Bay Options Zinc-Lead-Silver Deposit in Yukon 2016-05-24
TORONTO, ONTARIO--(Marketwired - May 24, 2016) - Darnley Bay Resources Ltd. (TSX VENTURE:DBL) ("Darnley Bay" or the "Company") is pleased to announce it has entered into an option agreement to acquire a 100% interest, subject to a 2% net smelter return royalty, in the Clear Lake zinc-lead-silver deposit in the Yukon Territory from Bernie Kreft, the optionor.