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![]() | ![]() Introduction
The Iron Lake property is located 45 kilometres northeast of 100 Mile House, BC. It has been owned outright by Eastfield, subject to a 1.5% royalty, since 2000. The 7,116 hectare Iron Lake property is available for option. Geology
The Iron Lake property is underlain by a 5.0 by 7.0 km magnetic high that is interpreted as outlining a large multiphase ultramafic intrusive complex. Mapping of the limited outcrop has shown to include olivine pyroxenite, diorite, peridotite and pegmatitic phases. Geochemical sampling to date has covered less than half of this complex and has outlined several large anomalies for copper, platinum and palladium. At least three of these anomalies are 1.0 km in length and follow-up exploration by drilling has only been carried out on the most southeasterly anomaly where a massive sulphide body has been discovered coincident with an airborne EM anomaly.
In 2000, disseminated copper-gold-platinum group mineralization hosted in several pieces of olivine pyroxenite were located. An average of seven samples of the mineralized rubble returned a value of 0.72% copper, 0.68g/t gold, 0.31 g/t Pd+Pd along with anomalous values in nickel. The source of the mineralized olivine pyroxenite, which is a common rock type on the property, has not yet been located but will be an important objective of the 2008 program. In 2004, the Iron Lake property was flown with high resolution magnetic and multi channel electromagnetic instruments resulting in the identification of a number of conductive anomalies. In 2005, diamond drill testing of two of these conductors intersected massive sulphides in two of four holes with hole 05-I-02 returning six metres of massive sulphide mineralization. The pyrrhotite dominant massive sulphide encountered contained lesser chalcopyrite and is highly anomalous in nickel and cobalt (± 0.1% Ni and 0.12% Co in a number of samples). In 2005 four drill holes were completed at Iron Lake. Hole 05-IL-2 intersected 1.4 metres of massive sulphide grading 0.66% copper and 0.13% cobalt while hole 05-IL-3 intersected a thicker sequence of the massive sulphide mineralization (6.0 metres) with the higher grade portion being 1.4 metres grading 0.95% copper, 0.10% nickel and 0.08% cobalt. Iron Lake represents one of the very few known copper-gold-Platinum Group Metals-nickel occurrences in British Columbia. Access Iron Lake is accessible by good quality logging roads.
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