Properties Generative, B.C.
Hihium Lakes (North and South) and Rayfield
These three Central B.C. properties were staked by the Company in October 2010 during efforts to target blind porphyry copper-gold deposits similar in style to the Afton-Ajax and Mount Polley copper-gold deposits (see October 6, 2010 news release).
The Hihium Lakes and Rayfield properties (4,155 hectares), are road accessible and centred some 80 kilometres north-northwest of Kamloops, B.C. They are strategically located over coincidental geochemical and geophysical anomalies believed to represent concealed porphyry copper-gold hydrothermal systems associated with the composite Late Triassic-Early Jurassic Thuya Batholith.
BCGold Corp. crews completed a preliminary assessment and follow-up silt sampling program on each of the Hihium and Rayfield properties. Results have been used to focus reconnaissance mobile metal ion (MMITM) soil surveys on each property.
Lauder Creek, Dartt Lake and Clear Range
In November 2010 (see November 16, 2010 news release) BCGold Corp. announced that the Company had staked three more properties in South Central B.C. that target blind porphyry copper-gold deposits similar in style to the Afton-Ajax and Mount Polley deposits. These properties lie south of the above mentioned Hihium Lakes (North and South), Bonaparte and Rayfield Properties staked by the Company earlier this year. All seven properties lie in the poorly exposed and highly prospective south central Quesnel Terrane region.
The three properties (4,289 hectares), named the Lauder Creek, Dartt Lake and Clear Range properties, are road accessible and situated in an east-west band 22 kilometres north of Merritt, spanning from 15 kilometres north of Lytton, eastward to Douglas Lake. The properties are located over anomalous drainage basins interpreted from new stream sediment geochemical results, which are in proximity to coincidental gravity and magnetic geophysical anomalies. BCGold Corp. management believes these anomalous zones may be related to concealed porphyry copper-gold hydrothermal systems.
Field crews have completed reconnaissance mobile metal ion (MMITM) soil surveys on each property. Properties with copper and gold (MMITM) anomalies will be followed up by infill geochemical and geophysical surveys in 2011 to define targets for subsequent drill testing.
Tully
The Tully property is located approximately 47 km west of the city of Kelowna, British Columbia. The area is readily accessed by logging roads and is located near Gold Mountain Mining Corp.’s Elk Gold Project, which hosts a Measured and Indicated Mineral Resource of 2.19Mt grading 4.26 g/t gold and an Inferred Mineral Resource of 1.15Mt grading 7.13 g/t gold, for 564,000 oz of gold. The property is prospective for both mesothermal and epithermal mineralization.