Compelling, Open-Ended Target for Bulk-Tonnage Gold, Copper
| Location: | South-central BC, 100km southwest of Williams Lake |
| Minerals: | Gold, Copper, Silver, Zinc |
| Ownership: | 20% (Amarc Resources owns 80%) |
| Status: | Phase 3 exploration and drilling program is underway |
Newton JV drill plan - April 11, 2012
Newton deposit cross section
IP Survey Chargeability Anomaly Comparisons
Newton Target Delineation, IP Survey Chargeability 3D Model
Newton Technical Report
Trend Map
Overview: Mineralized System Covers Eight Square Kilometres
The Newton Property represents one of British Columbia's most prospective bulk-tonnage style gold projects and potentially one of the larger mineralizing systems in the province. Historical and recent exploration on the property has identified an eight-square-kilometre mineralized system containing bulk-tonnage style gold-copper. Drilling within this area has outlined a target with long and continuous intervals of bulk tonnage-style gold mineralization that also includes silver, copper and zinc. Some of the best drill intercepts included:
- Hole 9004: 189 metres grading 1.56 g/t gold, including 99 metres grading 2.76 g/t gold
- Hole 9014: 138 metres grading 0.74 g/t gold, including 63 metres grading 1.17 g/t gold
These results, coupled with observations from re-logging of historical drill core, indicate a compelling, open-ended drill target. The Newton Property is 100% owned by Newton Gold Corp and 80% of it is under option to project operator Amarc Resources.
The Newton Property lies along the highly prospective
Plateau Gold-Copper Belt, which extends south and north of the property. This emerging trend is considered to hold excellent potential for gold-copper porphyries and epithermal gold deposits and includes the nearby Prosperity project, the Gibralter mine and the Blackwater/Davidson project.
Phase 1 and Phase 2 Extend Mineralization
A 14-hole, Phase 1 core drilling program completed by Amarc in 2009 discovered an area on the eastern side of the mineralized system that hosts potentially ore-grade gold intercepts over broad intervals. The subsequent Phase 2 drill program executed a series of widely spaced, exploration-style drill holes to further probe the extensive mineral system and the Phase 1 discovery. Assay results from Phase 2 and drill hole location plan maps are posted on Amarc's website at
www.amarcresources.com.
Drill results from Phase 2 established that gold mineralization discovered during Phase 1 extends eastward under shallow cover and remains open to the east. This includes important intercepts in hole
11040, drilled 200 metres east of the discovery hole. This portion of the mineralization represents only approximately 10% of the entire anomaly as defined by the geophysics. Additional highlights include holes
10016 and
10017 with broad intercepts of gold mineralization. These results indicate a sizeable gold mineralizing event and the strong potential for higher grade gold deposition in the general proximity.
Potential New Gold Zones
Elsewhere in the anomaly, holes drilled in a widely-spaced configuration, including holes
10023 and
10029, indicate potential new gold zones.
Access and Infrastructure
The property is located about 105 km east of Williams Lake. The town is also the primary source of supplies, equipment and labour. This region supports an active mining industry and there is excellent access to the project as a result of extensive logging of pine beetle-killed forest.
History and Background
The earliest recorded work on the Newton Property dates back to 1916 when gold was produced from a small shaft and a number of open cuts located near the top of Newton Hill. A series of modern exploration programs were undertaken from 1972 to 2006, which included geological mapping, grid soil sampling, trenching, magnetometer and Induced Polarization geophysical surveys and the drilling of 39 holes. These programs tested for porphyry-style copper-gold mineralization with extensive but low grade results.
