The Zeus Property is a copper and gold prospect. It covers a series of Auriferous quartz veins associated with altered ultramafic intrusions on the Schulaps Mountain Range in the Lillooet Mining Division of southern British Columbia.
This prospect is readily accessible by road, 40 kilometers northeast from the village of Lillooet on the Bridge River Road. The claim comprising 15 grid units (305.94 hectares). The Zeus Gold Property is 100% owned by Canada One Mining Corp.
Non-Compliant Historical Resource Estimate
In 1996, Spokane Resources Limited conducted drilling, geophysics, geochemistry and geologic mapping. Spokane produced a non-compliant resource estimate from two zones:
1. The west zone at 94,904 tonnes grading 0.232 opt gold and 1.06% Copper; and
2. The east zone at 94,594 tonnes grading 0.268 opt gold and 0.77% copper.
The sampling, drilling and assaying was done to the standards of the time and is considered “historical” in nature and is not NI43-101 compliant and cannot be relied upon. The results are listed here to show why the Company is interested in this area. Future work and drilling may not repeat similar results.
In 1983-1984, Asarco Exploration conducted a brief geological, geophysical and geochemical evaluation of the claims.
In 1985, Stryder Exploration performed a minor program of Winkie drilling.
In 1986, International Enexco Limited built an access road to the property, rehabilitated and mapped old showings and drilled seven holes totaling 300 metres.
In 1987, MacNeill International Industries Ltd. undertook 426 line miles of airborne magnetic and VLF-EM geophysical surveys in the property area. Twelve trenches were completed for a total length of 395 meters.
In 1988, MacNeill drilled twelve diamond drill holes totaling 968 meters.
In 1989, MacNeill completed 2,062 meters of diamond drilling and 7.45 kilometres of induced polarization surveys and performed 360 meters of trenching. Padre Resources Corporation managed the 1994 exploration program for the Spokane-Enexco joint venture. This program consisted of staking six additional claims, an initial reconnaissance program of prospecting and geochemistry and 2, 2551 m of diamond drilling in 26 holes.
During the 1995 program an additional 7 claims were staked, a geological and geochemical reconnaissance program was conducted on the peripheral claims and adjoining areas, and a total of 2,531 m of diamond drilling was completed in 20 holes.
Exploration work done on the property to 1995 totals 8,959 m of diamond drilling in 105 holes, 755 meters of trenching and 55 metres of underground development.
In 2004, G. Diakow staked the Zeus claim and conducted some prospecting and rock sampling. A total of 10 grab samples were sent to ACME Labs of Vancouver for 30 element ICP analysis and Fire Assay for gold. A number of other observations were made during the sampling program.
In 2006 Anglo acquired the property for cash and shares and conducted a short geochemical survey on the property. Exploration work during 2006 consisted of rock chip sampling (10 samples), grab sampling (4 samples) and road clearing to provide access to the property, in addition two crown grant claim posts were located and GPS coordinates noted. All of the samples collected by Anglo-Canadian Mining have been tested for 36 elements (ICP) and for Au by Fire Assay.
Source: the source of the information contained on this page is: The Zeus Gold Project, Lillooet Mining Division Bridge River Area, British Columbia, Technical Report 2012, Assessment Report, Jim Turner.