The 10,005 ha Vulcan Property is located in the Purcell Mountains, 35 km NW of the historic Sullivan Mine at Kimberley, B.C. The Sullivan contained 160 million tons grading 12% Pb-Zn and 67 g/t Ag, with a mineable lifetime of 92 years, and a contained metal value in present dollars exceeding 35 billion dollars.
The Vulcan claims were acquired to cover four strata-bound Pb-Zn and Cu occurrences, hosted in Aldridge Formation and holds the potential to host significant sedimentary-exhalative (“SEDEX”) mineralization.
The property is easily accessible by a series of all-weather, logging and mining exploration roads and is 100% owned by Eagle Plains with no underlying royalties or encumbrances.
Project Highlights
- Overlies world-class Sullivan deposit stratigraphy
- Numerous Sullivan-type SEDEX mineralized occurrences and alteration
- Encouraging exploration to date with comprehensive database
- Located within the Sullivan Corridor – 35 km west of the Sullivan Mine
- Road accessible with nearby rail, highway, airport, smelter, hydro
Geology
The Vulcan property geology is contains many geologic features similar to those seen within the Sullivan Mine itself, and associated with adjacent Sullivan-North Star Corridor. These features are summarized below:
a) A stratigraphic sequence which is directly correlative with the Sullivan Deposit. This includes Lower Aldridge rocks (rhythmic succession of laminated to thin bedded fine grained wacke (argillite) and quartzitic wacke (argillaceous quartzite)) in contact with the overlying Middle Aldridge rocks (medium to thick bedded light grey weathering quartzitic wacke turbidites consisting of medium grained massive quartz-rich bases overlain by thin wacke-subwacke (argillite) tops), with an intraformational conglomerate and strata-controlled mineralization. This sequence has been mapped on the property over a 3 km strike length, and in thickness to 250 m.
b) Alteration including tourmalinization and albitization are present and in association with the Lower Middle Aldridge Contact (LMC).
c) Stratiform lead-zinc-silver mineralization has been noted in drillholes and on surface, and is stratigraphically located within the "Sullivan -Time" horizon. Sampling from the Main showing has returned values of 1.6% combined Pb/Zn over 1.5 m within a weakly mineralized section 7.5 m thick .
History
Originally staked by Cominco in 1957, exploration in the western portion of the property discovered Pb-Zn showings and widespread tourmaline mineralization, both recognized as being stratigraphic-controlled. A strong similarity between the Vulcan and the Sullivan Mine was documented by Cominco at this time noting that Pb-Zn-Ag mineralization "occur(s) in the same type of rocks, at the same point in the stratigraphic succession (LMC) and as the same type of mineralization" as at Sullivan. Deep drilling was recommended but deferred.
Regional stratigraphic correlation studies in the 70s confirmed that the Vulcan mineralization occurs at the LMC and suggested that the Sullivan type setting defined by the 1958 work was unique, and appeared to be localized in the western part of the Vulcan claims.
In 1979, Cominco again staked the Vulcan Claims. An access road was constructed and a single 188 m drill hole tested the LMC returning 1.1 m @ 0.35% Pb, 0.30% Zn mineralization located in the Lower Aldridge Formation.
In 1983/84, Cominco completed ground-based geophysics and geochemical surveys in the West Basin Zone. Work in this area was discontinued following these surveys and subsequent Cominco work 1984/85 was designed to locate and evaluate the LMC on the more accessible ground in the southern portion of the property. Mapping, soil geochemistry and geophysical surveys were completed which defined Pb-Zn and geophysical anomalies along the projection of the LMC in the southwestern portion of the property. The best geophysical anomalies interpreted to be at the LMC were targeted by five drill holes which with the exception of one were entirely within the Lower Aldridge and did not in fact test the LMC.
In 1991 a 5 hole - 1003 m drilling tested 2.6 km of the inferred LMC in the West Basin Zone, down dip and along strike of the Main Showing, for a Sullivan type sedex deposit. Channel sampling of the Main Showing returned values to 1.5m @ 1.6% Pb/Zn.
In 1992, further drilling tested the LMC in the West Basin Zone. The drilling located Sullivan-type stratigraphy and alteration in all holes but significant base-metal mineralization was not encountered. The down-dip extension of the LMC targeted by the 1991/92 drill holes remains untested.
In 2011, Fjordland Exploration identifying two coincident Pb-Zn anomalies in the Vulcan Zone along 1.8 km of the inferred LMC near one of the 1984 Cominco drill holes.
Vulcan Project Zones
Main Showing Area
At the Vulcan, the styles of mineralization, host rocks and alteration all show strong similarities to the Sullivan Deposit. To date, the best sulfide mineralization is exposed at the Main Showing. Strata controlled pyrrhotite-galena-sphalerite occurs at the LMC (Sullivan Horizon) in a 7.5 m thick zone. Here a 1.5 m channel sample graded 1.6% combined Pb-Zn and grab samples assayed up to 5.5% Pb-Zn and 22 g/t Ag.
West Basin Zone
The West Basin Zone area contains features similar to those seen within the Sullivan Mine itself and associated with the adjacent Sullivan-North Star Corridor. These include fragmentals and strata-controlled mineralization at Sullivan time, and extensive albite and tourmaline alteration.
Vulcan Zone
The Vulcan Zone area contains a 2 km long soil geochemical anomaly which is coincident with the interpreted southern extension of the LMC. Albite and tourmaline alteration similar to that observed within the Sullivan-North Star Corridor was also observed in one drill hole from this zone.
Eagle Plains Exploration
Eagle Plains staked the property in 2002.
2005 work included reinterpretation of data collected during a 1996 BC government funded high-resolution geophysical survey and integration into a GIS database. It was found that the GPS height and the barometric altimeter height used in the original survey interpretation was incorrect, rendering the original geophysical program highly suspect, if not worthless. A new interpretation was produced using the corrected elevation data.
In 2006 a high-resolution VTEM airborne geophysical survey defined a number of anomalies. The most interesting feature roughly traces the contact between Lower and Middle Aldridge rocks in the SW part of the property. The anomaly appears to correspond with rocks located stratigraphically below the LMC and represents a new, untested target between two known mineral occurrences at surface.
In 2011, an airborne gravity geophysical survey successfully identified possible discordant structures spatially associated with the Hilo 2 mineralized showing. The anomaly potentially represents a mineralized structure associated with Proterozoic growth faults that has not been detected at surface.
In 2012, geochemical sampling and geological evaluation of the Hilo 3 showing was carried out. A channel sample from the Hilo 3 returned 10.6 g/t Ag, 0.9% Pb and 0.7% Zn over the 1.0 m interval.
The 2014 a soil geochemical program across the trace of the LMC in the northeastern part of the property was conducted. Results were encouraging, with a multi- element Sullivan type geochemical anomaly being defined.
2016 - Field Program
The 2016 program consisted of data compilation, soil geochemical sampling, geophysical surveys and geologic mapping across the trace of the LMC in the Vulcan Zone to verify and expand upon the 2011 Fjiordland program. A Pb/Zn geochemical anomaly was identified in the area and coincident with the Vulcan Showing that is open to the north and defined over a strike length of 2 km. Geologic mapping aided in refining the position of the LMC, suggesting that historic drilling in the area did not test the down-dip potential of the fertile stratigraphic horizon.
Future Work
The Vulcan property warrants further work, with the focus on:
- Geophysical compilation and re-interpretation of all airborne geophysical surveys completed to date on the greater Vulcan Project area to facilitate the targeting of exploratory drill holes
- Geochemical sampling and geologic mapping of the Vulcan Zone to further refine drill targets
- A single road accessible diamond drill hole, approximately 400 m, to test the down-dip potential for Sullivan-type mineralization along the inferred LMC in the Vulcan Zone
- Evaluation of historic drilling in the West Basin Zone suggests that the intended target, LMC, was not tested. A single road accessible diamond drill hole, approximately 700 m, to test down-dip of the Hilo showings for Sullivan-type mineralization along the inferred LMC in the West Basin Zone. This represents a high-priority exploration target in the West Basin Zone
- A single 300-400 m diamond-drill hole to test at depth the Hilo 3 Showing. This is the most prospective area on the property defined to date
Eagle Plains - A Project Generator
Eagle Plains Resources is a project generator with mineral exploration properties of merit that meet qualifying transaction requirements. The Vulcan 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 tjt@eagleplains.com or Mike Labach at mgl@eagleplains.com or call 1 866 Hunt Ore (486 8673).
Updated June 14, 2018
