The 732 ha Keg property is located in the Mackenzie Mountains 185 km SW of Norman Wells, NWT. Access is by helicopter from the nearby exploration camp at Willowhandle Lake. The camp is supplied by float plane from Norman Wells.
Mineralization at the Keg showing, consisting of sphalerite associated with massive marcasite in subcropping boulders, is correlative to Mississippi Valley-type (“MVT”) and Irish-type deposits.
The property is owned 100% by Eagle Plains with no underlying royalties or other encumbrances.
- Numerous mineralized occurrences
- Excellent geology favourable for carbonate-hosted MVT base-metal deposits
- Untested geochemical targets associated with favourable geology
- Encouraging exploration to date
- Historical mineralized drill intercepts
The Keg is underlain by the Sunblood and Kindle Formation carbonates located within a broad anticline. The Sunblood Formation hosts the majority of Zn-Fe mineralization whereas it occurs as scattered vug fillings in the Kindle.
Mineralization on the property is composed of massive marcasite subcrop boulders hosting sphalerite mineralization the at the Keg and Emily showings. Other mineralization is composed of highly faulted and altered dolostone with quartz veins hosting sphalerite, galena and pyrite at the Bar Showing 1 km east of the Keg. Multiple mineral showings indicate the possibility of several Pine Point style deposits.
In 1973 a number of Zn showings and float occurrences were discovered and staked by Welcome North Mines. Surface samples returned 6.1% and 4% Zn over 1.5 m intervals. Five holes totalling 488 m were completed. Highlights include 16 m of 3.29% Zn including 8.2 m of 4.3% Zn. No further work was done on the property until Eagle Plains acquired it in 2005.
Eagle Plains Exploration
2005 – Eagle Plains acquires prospecting permits covering the Keg area which is noted to have good potential for hosting significant Zn-Pb mineralization.
2006 – The mineral showings are evaluated and silt sampling is conducted in adjacent valleys. Grab samples from talus return up to 18.8% Zn and 0.17% Pb.
2007 – Mapping, prospecting, silt and soil sampling are conducted to evaluate the host valley of the main mineralized zone returning up to highly anomalous values for Pb and Zn in all but one of the soil samples. The Keg claim is staked.
Eagle Plains 2008 Exploration Program
Mapping and geochemical surveys were conducted near the main showing area and ground-based geophysics evaluated the subsurface extent of mineralization in the valley hosting the main zone. Two new showings were located: the Bar, composed of vein hosted galena, sphalerite and pyrite located just east of the Keg Showing, and the Emily Showing to the north of the claim. Grab samples from the Keg Showing returned Zn values up to 19% with low Pb values.
Silt samples from 4 adjacent valleys returned highly anomalous Pb results, providing evidence for a larger mineralized system in the Keg area. Grab samples from these valleys returned up to 3.5% Zn.
The next phase of exploration at the Keg Project requires 2000 m of exploration and resource definition drilling to define the Keg Showing and to explore the Emily Marcasite Showing. All historic drilling should be brought into a digital format.
Detailed geologic mapping to identify structures and horizons within the Sunblood Formation that control mineralizing events is recommended. Prospecting and mapping of the anomalous streams around the Keg showing is recommended to identify further drill targets along with geochemical sampling to help define the most prospective areas for drill testing.
Eagle Plains - A Project Generator
Eagle Plains Resources is a project generator with mineral exploration properties of merit that meet qualifying transaction requirements. The Keg Property is available for option to joint-venture partners. We facilitate the listing process for capital pool companies and initial public offerings while providing technical expertise for exploration programs. Companies interested in co-operatively exploring any of these projects please contact: Tim Termuende at email@example.com or Mike Labach at firstname.lastname@example.org or call 1 866 Hunt Ore (486 8673).
Updated May 10, 2016