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Vena property
_______________________________ _______________________________ _______________________________ The Vena property is located 30 kilometres southeast of Bissett, in the Beresford Lake area of the Rice Lake Greenstone Belt. The geological setting in the Beresford Lake area, and on the Vena property, is similar to that at Rice Lake. Both areas are underlain by the Neoarchean Bidou Assemblage, and in both areas regional-scale shear zones cut the Bidou Assemblage rocks. In the Rice Lake area most of the known mineralization may occur on the limb of a large anticlinal structure (the Horseshoe Lake anticline). San Gold Corp. and others consider the axis of this anticline to be an important pathway for mineralizing fluids. The Beresford Lake anticline, in the Beresford Lake area, may similarly be important in controlling gold mineralization. The Vena property is situated on the eastern limb of the Beresford Lake anticline.
In the Rice Lake area, the SAM unit, a thick gabbro sill has been an important host to mineralization. Similarly, in the Beresford Lake area, a thick gabbro sill has hosted much of the known mineralization, including the past-producing Central Manitoba and Solo-Oro Grande mines and the Mandalay showing. This sill trends through the Vena property, and hosts the Dinty Moore and Navajo showings on the property. Recent exploration in the Rice Lake area has resulted in the discovery of gold mineralization (i.e. Hinge, Cohiba, L-13 Zones) in intermediate to felsic volcanics and pyroclastics which overlie the SAM unit. Similar rocks overlie the gabbro in the Beresford Lake area and on the Vena property.
Several areas of mineralization are known on the Vena property. These include the Dinty Moore and Navajo showings, in the southern part of the property. Both showings are northwest trending shear zones which locally contain quartz and pyrite mineralization and which have returned elevated gold values. Neither is well exposed, neither has been stripped or systematically sampled, and neither has been tested by drilling.
A 2-phase $260,000 exploration program has been recommended for the Vena property. The recommended Phase 1 program ($80,000) includes surface prospecting, plus stripping and systematic sampling of known zones of mineralization. The company initiated the Phase 1 recommended program during the fall of 2009 and was successful in locating a number of new areas of quartz veining on the property. Further work is planned to follow-up on this initial work.
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Property Location Map
Vena Property Geology
Vena Property
Old Prospect|
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