CABIN GOLD PROJECT, NT, CANADA
Rover Critical Minerals owns a 100% interest in the Cabin Gold project which is located 110 km northwest of the city of Yellowknife, road accessible off of Highway NT3, at the north end of Russell Lake. The Cabin Gold project is 40km southeast of Fortune Minerals’ NICO mine and the claims are available for access off of the new Tlicho All-Season Road (“TASR”).
The Cabin Gold project is considered to be a high-grade gold exploration project with gold hosted in iron-formation, near to surface. The project has a historic gold resource that has been both confirmed and expanded upon by the company.
Rover has invested over CAD4,000,000 into exploration at the project over four years. The exploration work includes extensive ground and airborne magnetics, ground IP surveys, LiDAR mapping, and three diamond drilling campaigns. The Company has prepared an NI 43-101 Technical Report for the Cabin Gold project. Please contact the Company to request a copy of the technical report.
Phase 2 Exploration Program - 2021
In July 2021, Rover commenced its Phase 2 Exploration Program at the Cabin Gold Project. The program included diamond NQ drilling, airborne magnetics/geophysics, airborne LiDAR, and a ground IP/VLF survey. The major goals of the Phase 2 Exploration Program were to: (1) further define the continuity of economic gold grades across the entire Bugow Iron Formation (>15 km in surface length), as well as; (2) search for, and define, new gold bearing iron formations in the region.
Technical information for Cabin Gold has been approved by Raul Sanabria, P.Geo., Technical Advisor and shareholder of Rover Critical Minerals and the Qualified Person for the purposes of National Instrument 43-101.
Slemon Gold Project
Slemon Gold is located 125 kilometers northwest of Yellowknife and 4 kilometers northwest of the Cabin Gold project. Exploration first began in the area in 1939. There were two historic small exploration audits. The north shaft averaged 7.2 g/t Au across 0.98 meters and had a depth of 4.6 meters. The south shaft had a depth of 8 meters, and averaged 63.1 g/t Au over 0.24 meters. There has been a total of 44 diamond drill holes totaling 1,546 meters drilled to date. There is very poor information on the historical results but it is clear that there are many small but very high-grade zones contained within quartz veining/lensing and that these zones are both coincident with, or associated to, iron formation and/or quartz feldspar porphyry dikes.
EXPLORATION – SUMMER 2021
As part of Rover’s summer 2021 Phase 2 Exploration program at its Cabin Gold project, the Company also flew a regional airborne high-resolution magnetic/VLF survey and airborne LiDAR imaging study. One of the goals of the surveys was to further delineate the Slemon Gold iron formation.
Technical information for Slemon Gold has been approved by Raul Sanabria, P.Geo., Technical Advisor and shareholder of Rover Critical Minerals and the Qualified Person for the purposes of National Instrument 43-101.
Camp Gold Project
Camp Gold is located on the East side of Snare River approximately 131 kilometers northwest of Yellowknife. The area was first staked in 1938. Historic work was completed by American Yellowknife Gold Mines in 1945, which included a 20-hole (614 meter) drill program. Snare River Mines was formed to develop the property. In 1954, Tarbell Mines purchased the assets, which included the Camp Gold claims. Subsequently, Anglo United Development Corporation, in 1965, drilled a total of 44 holes totaling 4,370 meters.
In 1995 Hawkeye Gold International carried out geological mapping and geophysical surveys were carried out (AR 083831). During 1997, a 179 line-km airborne magnetic and EM survey, geological mapping, and prospecting were completed.
The deposit lies on the southwest margin of the Slave Geological Province, also located within a few kilometers of the boundary between the Bear and Slave geological provinces. A series of tightly folded and faulted sediments dominate the Slave province. Plutons, ranging in composition from gabbro to granite (along with dykes of mafic to felsic composition) intrude these sediments. Volcanic rocks, again of mafic to felsic composition, are common throughout the area.
The Camp Gold deposit is divided into two areas. The northern area is made up of three distinct zones, while the southern area is one zone. The major rock types in the deposit area are metasediments, mainly coarse grained to argillitic greywackes, with minor intrusive plugs, and dykes. Foliation is reported to be roughly parallel to bedding in a northwesterly direction and dipping 60 to 70 degrees east. Small faults run northeast, and dip approximately 50 degrees, with small horizontal displacements. Shear zones, when present, are roughly parallel to bedding. Quartz veining is significant in the shear zones, however they are generally narrow, with limited strike extension.
Mineralization is in general restricted to the quartz veins in shears, and consists of pyrite, arsenopyrite, galena, and minor sphalerite. Silicification with minor carbonatization, and sericitization are the predominant forms of alteration within the shears and in proximity to them.
EXPLORATION – SUMMER 2021
As part of Rover’s summer 2021 Phase 2 Exploration program at its Cabin Gold project, the Company also flew a regional airborne high-resolution magnetic/VLF survey and airborne LiDAR imaging study. One of the goals of the surveys was to identify any iron formations in the Camp Gold area.
Technical information for Camp Gold has been approved by Raul Sanabria, P.Geo., Technical Advisor and shareholder of Rover Critical Minerals and the Qualified Person for the purposes of National Instrument 43-101.
Technical information for Cabin Gold has been approved by Raul Sanabria, P.Geo., Technical Advisor and shareholder of Rover Critical Minerals and the Qualified Person for the purposes of National Instrument 43-101.