|
The Coronation Property is located near Memphis Creek, 6 kilometres northeast of Slocan in southeastern British Columbia. The
property covers 309 acres over several reverted crown grants and includes four past-producing mines; the Colorado, the V&M,
the Senator, and the Homestake mines, in addition to the Coronation. The Coronation is currently under a joint-venture
agreement with Lincoln Resources Inc.
Primary mineralization is gold, silver, zinc, and lead. The highest combined historical (post-production) assays are 16.8 g/t gold, 6000 g/t silver, 10.9% zinc, and 1.2% lead.
According to , the Coronation was reported to have
past-production of as much as 13,000 grams per tonne silver and 20% lead. A more recent sample of tetrahedrite-bearing ore from
the portal assayed 2.1 grams per tonne gold and 6000 grams per tonne silver, and a sample from the Coronation dump assayed 0.4
gram per tonne gold, 2414 grams per tonne silver, 1.2 per cent lead and 10.9 per cent zinc.
The same report documents samples from the Senator adit that assayed 6.1 grams per tonne gold and 1080 grams per tonne silver
over 0.3 metres on a quartz-pyrite vein, and 16.8 grams per tonne gold and 549 grams per tonne silver over 0.5 metres on a
quartz-pyrite vein from the V&M mine adit. Past-production at the Homestake averaged 23.3 grams (0.75 ounces) per tonne gold,
2611 grams (83.95 ounces) per tonne silver, 1.33% lead and 1.52% zinc.
Sources:
,
,
,
,
|
