MID TO ADVANCED EARLY-STAGE EXPLORATION PROJECT WITH DRILL READY TARGETS FOR EXPANSION
MID TO ADVANCED EARLY-STAGE EXPLORATION PROJECT WITH DRILL READY TARGETS FOR EXPANSION
100% owned
Strickland
Deposits
Historical Mineral Inventories of
MAIN ZONE: 260,000 TONNES of 195 g/t Ag AND 5.25% Pb/Zn*
SILVER HILL: 15,000 TONNES of 480 g/t Ag AND 2% Pb/Zn*
MAIN ZONE EXTENSION: 750,000 TONNES of 2% Pb/Zn*
*A qualified person has not done sufficient work to classify the historical mineral
inventory as a current mineral resource and Anteros Metals Incorporated is not treating the historical mineral inventory as a current mineral resource. Anteros believes that these historic results provide an indication of the potential of the property and are relevant from a continuing exploration perspective. Historical mineral inventories from the Report entitled Summary of work performed from 1977 to 1980 on the Strickland – Porter Fee Simple Property, Newfoundland by D. R. Prince (1981).
highlights |
Seven Known Zones of Mineralization Totaling Over 2 km Strike Length
Extensively Tested With Nearly 8,000 m of Historical Drilling
Three Historical Mineral Inventories (Prince, 1981)
Stratigraphic Horizons Well-Defined For Further Targeted Exploration
Underexplored Epithermal Gold Potential; a Grab Sample of Quartz Vein Graded 17.9 g/t Au (Quinlan, 2009)
Underlain by the Prolific Central Newfoundland Gold Belt
deposit model |
overview |
The Strickland Silver-Lead-Zinc (± Gold) Deposit is located in the La Poile Bay area of southwestern Newfoundland, Canada, 16 kilometres east of the Hope Brook Gold Deposit and historical mine. The Strickland Property is 5.25 kilometres-square and 100% owned by Anteros Metals Inc. The claims have undergone extensive exploration, giving rise to multiple mineralized zones within Newfoundland’s prolific gold district.
Volcanogenic Massive Sulphide
geology
and deposit
Regional Geology
Central Newfoundland Gold Belt
Central Newfoundland is comprised of the Ganderia Terrane, which is subdivided into the Gander Lake and Exploits Subzones by the Gander River Ultramafic Belt (GRUB) and associated parallel fault systems termed the JBP and Appleton Faults. Rocks of the Exploits (Dunnage) Zone consist of volcanic, volcaniclastic and sedimentary rocks of island-arc and back-arc affinity interpreted to represent remnants of the Iapetus Ocean. The Gander Zone consists of psammitic and semipelitic metasedimentary rocks from a continentally derived sedimentary wedge. Rocks of the Exploits Subzone were thrust onto the Gander Zone contemporaneous with the Taconian Orogeny.
The Strickland VMS Property overlies the Bay du Nord Group belt of rocks within the complex mélange of the Dunnage Zone. In the La Poile Bay region of south western Newfoundland, the Bay du Nord Group follows the sinuous trace of the Hermitage Flexure and is bounded to the north by the La Poile Intrusive Suite, and to the south by the Bay d’Est Fault and the Burgeo Granite.
Property Geology
Dunnage Zone
The volcano-sedimentary sequences of the Bay du Nord Group consist of poly-deformed shale, siltstone, greywacke, conglomerate, and felsic volcaniclastics and flows, which have been reconstituted into a variety of schists within fault zones. The Strickland Main Zone occurs at a defined contact between mixed volcaniclastic and clastic sequences, and a sediment-dominated sequence and numerous other mineralized zones occur within 200 metres of this contact. The Baggs Hill Granite, exposed approximately 1.2 kilometres northeast of the Main Zone, may have acted as a heat source to circulate the hydrothermal fluids which deposited the metals.
Deposit Model
VMS
Metals of the Property were deposited from the neutralization of acidic, metal-bearing, briney solutions emanating from a hydrothermal conduit. Some textures on the property suggest reworking or transportation of the sediments shortly after deposition. At the Main Zone, chemical reactions of the footwall rocks with metal bearing brines may have produced intense sericitization and silicification. The combined strike length of all seven known zones of the Strickland Property is 1.4 kilometres.
The Strickland Property also shows excellent potential for epithermal gold mineralization based on comparison with the nearby Hope Brook area. The Hope Brook gold deposit was discovered in 1983 by Selco Divison of BP Resources Canada Ltd. Ore reserves at the Hope Brook were recorded as 11.2 million metric tonnes at 4.54g/t Au, at a cut-off grade of 2.5g/t Au (Mackenzie, 1986).