ArcPacific Trenches 36 Metres of 1.03 Gold Eq. (Au & Ag) in First Ever Trenching at Blackdome
ArcPacific Trenches 36 Metres of 1.03 Gold
Eq. (Au & Ag) in First Ever Trenching at
Blackdome
Vancouver, British Columbia--(Newsfile Corp. - September 7, 2021) -
ArcPacific Resources
Corp.
(
TSXV: ACP
) ("
ACP
" or the "
Company
") is pleased to report that the entire length of both
trenches completed at the Blackdome project (the "Property") in British Columbia, Canada, showed
anomalous to high-grade gold and silver values. With the both trenches returning greater than 1 gram per
tonne ("g/t") gold equivalent ("AuEq") (using gold and silver values only) over their entire lengths, and up
to 7.35 g/t gold over a 1-meter segment. These results confirm epithermal-style gold-silver mineralization
at the Property and indicate that it is likely responsible for the 1 by 2-kilometre gold-in-soil anomaly (see
Figure 1 below).
Geochemical evidence (including elevated antimony, arsenic and mercury) also
suggests that the level of exposure is at a high level within the epithermal system, leaving significant
potential for the entire extent of the precious metal or gold rich portion of the system to be intact.
Highlights
High grades of gold, up to 8.23 g/t, are associated with epithermal quartz veining showing vuggy,
bladed, crustiform and colloform textures.
A high-grade gold sample of 8.37 g/t was returned from silicified siltstone indicating the potential
for broader zones of mineralization to exist within proximal permeable geological units.
There is no record the Property has ever been drilled.
Abundant quartz vein float observed along the main ridge are likely from nearby sources.
Gold and silver grades are associated with antimony (Stibnite) indicating the system is only
exposed at a high level possibly leaving the best potential bonanza grade and stockwork zones
below and intact.
Adrian Smith CEO of ACP comments, "We are very pleased with the results from the first-pass program
that was able to generate meaningful results, this speaks volumes for the potential at the Property. We
are confident that we are sitting on an epithermal gold silver system existing within the bounds of the
Property and based on the geochemical signatures, it looks like we are still sitting above what could
potentially be the bonanza grade portion of the system. Based on these positive initial results we have
now begun the permitting process to advance this project to the next stage including additional trenching
and drilling."
Table 1: Blackdome Epithermal Au-Ag - 2021 Trenching Results
(
1
-4
)
Trench
Zone
From (m)
To (m)
Interval (m)
g/t Au (Gold)
g/t Ag (Silver)
g/t AuEq
3
,
(Au+Ag Only)
% Sb
4
(Antimony)
ACP-
BDT-
21001
Stibnite Zone
0.00
36.00
36.00**
0.97
4.28
1.03
0.21
Incl.
0.00
3.00
3.00
1.46
14.68
1.66
0.09
Incl.
21.00
30.00
9.00
2.39
5.85
2.47
0.28
and Incl.
22.00
23.00
1.00
5.67
8.77
5.79
0.12
and Incl.
25.00
27.00
2.00
2.74
4.95
2.81
0.1
and Incl.
29.00
30.00
1.00
7.35
12.90
7.53
0.09
ACP-
BDT-
21002
West Zone
0.00
11.00
11.00**
1.39
10.92
1.54
0.009
Incl.
0.00
2.00
2.00
2.64
17.90
2.89
0.01
3.00
6.00
3.00
1.66
12.17
1.83
0.01
** Entire length of trench.
1) Gold Equivalent (Eq) was calculated with the following metal prices; Gold (Au) $1800/oz and Silver (Ag) $25/oz. All metals reported in USD and
calculations do not consider metal recovery.
2) Intervals taken as chip samples along approximate mineralized trends; true widths are unknown at this time.
3) Antimony values are not included in the Gold Equivalent (AuEq).
4) Antimony values are capped at 1% due to sample values exceeding assay limitations of 1%.
Table 2: Blackdome Epithermal Au-Ag - 2021 Select Rock Sample Results
Sample No.
Easting
Northing
Sample Type
Gold (g/t)
Silver (g/t)
D365207
482209
5679779
Float
8.37
2.71
D365253
481715
5679990
Float
8.23
27.7
D365303
481097
5679382
Float
5.14
14.2
D365235
482310
5678875
Float
2.05
7.03
D365252
481469
5678715
Float
1.59
10.45
D365225
482280
5679711
Outcrop (grab)
1.39
3.17
D365302
481074
5679363
Float
1.36
23
D365304
481105
5679384
Float
1.34
18.95
D365224
482280
5679711
Outcrop (grab)
1.2
2.6
D365248
481395
5678651
Float
0.98
24.1
D365254
481576
5678825
float
0.88
28.6
D365246
481700
5679079
Float
0.71
17.85
D365245
481700
5679079
Float
0.68
0.8
D365244
481700
5679079
Float
0.67
11.5
D365251
481414
5678686
Float
0.57
1.06
Projection in UTM NAD83 Z10.
Total number of samples 79, average grade of all samples 0.49g/t Au.
Figure 1: 2021 Sample and Trenching Location Map over historic soils and geology.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6963/95687_30a7e83f8482dafa_001full.jpg
Due to the limited scope of this initial program, only 2 of 6 known target areas were tested, and over
80% of the Property remains untested. Test pitting along the top of the ridge area was unsuccessful in
reaching bedrock where historical float samples have run up to 19.3 g/t gold.
The elongated and unvegetated ridge is the center of the 1 by 2-kilometre open-ended gold in soil
anomaly (shown above), where the next phase of planned work will require mechanical trenching or
drilling to properly test the multiple target areas within this wide anomaly.
Figure 2: Trench ACP-BDT-21001; View (looking uphill) along trench showing broken outcrop and
subcrop including outcrop of broken mineralized quartz vein (bottom center).
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/6963/95687_30a7e83f8482dafa_002full.jpg
The hand trenching completed in this program represents the first trenching completed on the Property.
Trenching locations were selected based on historic soil, grab and outcrop samples, where the historic
samples include up to 54 grams per tonne gold in rocks and over 4 grams per tonne in soils. Based on
the location of the float samples along the crest and margins of the broad ridge, it is probable that they
are also locally derived.
Figure 3: Sample D365253; Float sample showing vuggy bladed and sugary quartz typical in
epithermal gold-silver deposits.
To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/6963/95687_30a7e83f8482dafa_003full.jpg
The samples taken as part of the first-pass program (see table 2 above) were predominantly quartz and
quartz carbonate vein material often displaying epithermal characteristics including crustiform, colloform,
chalcedonic, banded, bladed, and vuggy textures and locally including up to 1% sulphides. Massive
stibnite was also observed in 1-4-centimeter seams in quartz vein margins in the Stibnite Zone.
Figure 4: Geological Model (from Buchanan (1981)) of an epithermal gold-silver system. Showing the
possible current surface and relative exposure level high in the system as indicated by the elevated
arsenic and abundant stibnite associated to some of the gold and silver mineralization present at the
Property.
To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/6963/95687_30a7e83f8482dafa_004full.jpg
Substantial grades of antimony (often exceeding the assay limit of 1%) along with the elevated levels of
arsenic indicate the epithermal system is exposed at a high level as shown in the
Blackdome
Geological Model
above (see Figure 4). This model is based on a type-example of a Low Sulphidation
("LS") epithermal system and suggests that that the best gold and silver grades are still located in a
potential bonanza grade zone below. There is no record that the Property has ever been drilled.
The Property covers a prospective 3,479 hectares over an epithermal gold-silver exploration target in
Southern, British Columbia. The Property is 60 kilometres south of the 1.6-million-ounce gold Newton
deposit, 20 kilometres south of the 5.3-billion-pound copper and 13.3-million-ounce gold New Prosperity
deposit and 65 kilometres north of the prolific Bralorne gold camp in southern, British Columbia which
has produced over 4 million ounces and remains as an active gold mining camp.
QAQC
All samples were submitted to ALS Laboratories in Vancouver, British Columbia, Canada and analysed
using 4-acid digestion with ICP-MS finish for multi-element analysis and Au 30g fire assay with ASS for
gold values. Standards, duplicates, and blanks were included as part of the laboratories independent
QAQC procedure.
Disclosure
The Qualified Person ("QP") for the Company has not verified the historic sample analytical data
disclosed within this release. While the Company has obtained all historic records including analytical
data from the previous owners of the Properties and from various government databases, the
Company has not independently verified the results of the historic sampling.
Adrian Smith, P.Geo., is a QP as defined by National Instrument 43-101 for the above-mentioned
project. The QP is a member in good standing of the Engineers and Geoscientists of British Columbia
(EGBC) and is a registered Professional Geoscientist (P.Geo.). Mr. Smith has reviewed and approved
the technical information disclosed above.
About ArcPacific Resources Corp.
ArcPacific Resources Corp. (TSXV: ACP) is a Canadian based exploration company expanding the
exploration initiative at multiple historic past producing gold and silver mines in the Timmins Gold Camp,
Ontario, and in the Nicola Mining Division in Southern British Columbia. The Company is focused on
creating shareholder value through new discoveries and strategic development of its mineral properties.
For further information, please visit
http://www.arcpacific.ca
.
ON BEHALF OF THE BOARD OF DIRECTORS
/S "Adrian Smith"
CEO and Director
The forward-looking statements contained in this press release are made as of the date hereof and
ArcPacific Resources Corp. undertakes no obligations to update publicly or revise any forward-
looking statements or information, whether as a result of new information, future events or otherwise,
unless so required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined
in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
For further information, please contact us at
or 1.778.331.3816.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/95687