ft aKERR ADDISO MINEN LIMITES D 44 KIN STREEG T WEST TORONTO I, ONTARIO January 27th 1967, - Mr....

Preview:

Citation preview

Subject.

K E R R A D D I S O N M I N E S L I M I T E D ( F O R I N T E R - O F F I C E U S E O N L Y )

3 2 0 0 6 6 MAR 9 1967

/c3> X

Mr, P, M, ^ u a n a j h From _W^..M^„5ir_Qla___^tfc^:..^....

• P r o p e r t i e s h e l d by Helday H o l d i n g s Company, Date March B, 19 6 i T e r r a c e , B.C. (103-1)

Herewith, a somewhat b e l a t e d r e p l y to your s u b m i s s i o n on the above p r o p e r t i e s .

The J . K. L • &. •. Mo l y b d e n i t e p r o p e r t y , 17 m i l e s n o r t h o f T e r r a c e has been examined by many companies i n c l u d i n g Amax. T h i s i n i t s e l f does not negate the p r o p e r t y e n t i r e l y , but i n any case, no o p i n i o n c o u l d be formed u n t i l the p r o p e r t y i s f r e e of snow. I f i t i s a v a i l a b l e at t h a t time, i t would p r o b a b l y be worth a v i s i t .

The A l v i j a M-Cj's sound m i l d l y i n t e r e s t i n q but the secondary copper c o n t e n t f'bfTns a l a r g e p o r t i o n o f the t o t a l copper, and I would t h i n k t h a t primary grades i n g e n e r a l a r e q u i t e low c o n s i d e r i n g the 2 0 - f o o t w i d t h . The p r o p e r t y c o u l d be v i s i t e d a t the same time as t he J.K.L. &- 0.

Without the b e n e f i t o f a v i s i t , I c o u l d not, o f c o u r s e , form p o s i t i v e o p i n i o n s about e i t h e r p r o p e r t y but I am not o p t i m i s t i c i n view o f t h e i r past h i s t o r y .

W. M. S i r o l a

WMS/lk

' ft a

K E R R A D D I S O N M I N E S L I M I T E D

4 4 K I N G S T R E E T W E S T

T O R O N T O I, O N T A R I O

January 27th, 1967-

Mr. Gabriel Helday, 32 Lonsdale Road, Toronto 7«

Dear Gabe:

I Just want to let you know that we are not able to take any real Interest tn your copper and molybdenite properties In the Terrace area.

As I think I mentioned to you we have a great deal of work planned and budgeted for this year and we are therefor going to have to be very choosey as to what other situations we take on.

I appreciate your coming In to see me about your properties, and hope you w i l l continue to keep In touch with us.

Best wishes for success in '67.

Yours sincerely,

Paul H. Kavanagh Chief Geologist - Exploration.

PMK:sw

i n t e r e s t i n g , however,; t o see the v a r i o u s samples which, f o r some r e a s o n , a r e i n Kerrit"t':at "the p r e s e n t t i m e .

4) • • The •.properties h e l d by Helda.y H o l d i n g s i n t h e T e r r a c e d i s t r i c t , B r i t i s h Columbia, were s u b m i t t e d by PMK and b r i e f l y s c r u t i n i z e d h e r e . \ . : . :

' • Th.:e m o l y b d e n i t e p r o p e r t y has a p p a r e n t l y had thorough s c r u t i n y by Amax' and we were not o v e r l y i n t r i g u e d by the copper . p r o s p e c t . • While i t i s never wise t o base one's judgement on h e a r s a y i n f o r m a t i o n , i t would be r a t h e r d i f f i c u l t to e v a l u a t e t h e Helday H o l d i n g s p r o p e r l y at the p r e s e n t t i m e .

YUKON TERRITORY

1) The U n i t e d G e o p h y s i c a l Company was a d v i s e d of our d e c i s i o n t o do g r a v i t y work on the "BC" group a t Swim Lakes i n e a r l y F e b r u a r y . U n i t e d agreed t o make t h e i r base o p e r a t o r a v a i l a b l e a t t h a t time and s a i d they would d i s c u s s the conduct of the s u r v e y w i t h t h e i r g r a v i t y e x p e r t i n C a l i f o r n i a . We a r e a w a i t i n g the r e s u l t s o f t h i s d e c i s i o n .

2) B o y l e s B r o t h e r s were a d v i s e d t h a t we would do 2,000 f e e t o f diamond d r i l l i n g on the "BC" group s t a r t i n g sometime i n F e b r u a r y . They were asked to p r o v i d e a q u o t a t i o n f o r t h i s work on t h e b a s i s t h a t they would use one d r i l l and run the camp.

3) SWIM LAKES "A" GROUP:

An i n t e r p r e t a t i o n o f the Swim Lakes main anomaly s t r u c t u r e was made u s i n g the diamond d r i l l c r o s s s e c t i o n s p r o v i d e d by T o r o n t o . In a d d i t i o n , the t o t a l tonnage of Q% combined l e a d - z i n c was e s t i m a t e d .

W. M. S i r o l a .

WMS/lk

K E R R A D D I S O N M I N E S L I M I T E D ( F O R I N T E R - O F F I C E U S E O N L Y )

J j>0 _ M?....*k.Mfl§* From. ?.t.M:...My™*$t>.

Subject Properties Held Co. Date... Deceefcer ...1<J*h ,m .19.66. in U r r e c e D i s t r i c t

Attached are the following:

1) a short report by Gabriel Helday concerning his l i t t l e company's 39-clalm J.K.L. t 0. molybdenite property 17 miles north of Terrace.

2) a short report by Helday concerning his company's 18-claim A l v l j a copper property 20 miles northeast of Terrace, with several sheets attached.

3) a k miles a 1 Inch map showing the location of the above two groups and of two others (one recently optioned by Sil v e r Standard and one recently optioned by Cree Lake Mines from, I think, prospector Ken Mayner.

You may r e c a l l that a 1965 Helday Syndicate made a molybdenite find In the Nass River region. Well that Is the same Gabriel Helday and that f i n d , he t e l l s me, Is presently being d r i l l e d by Hadsen Red Lake, the senior participant In that syndicate.

Early t h i s year Helday formed another syndicate composed of Union Carbide, Columbia Cellulose, Bralorne Pioneer, and U.S. Smelting, Mining and Refining. He obtained the k properties shown on the attached k mile map for that syndicate, a l l of them options from l o c a l prospectors I think. The syndicate however l e t them a l l lapse by mid-summer, at which time the syndicate I t s e l f was terminated.

Since then S i l v e r Standard has optioned the northern-most group (I think they have been mentioning that acquisition recently in the George Cross Newsletter), and a small o u t f i t called Cree Lake Mines has optioned the southernmost group. Helday, who put In quite a b i t of time on the other two and who didn't think the syndicate had given them a good f a i r look, picked those two up and put them Into his l i t t l e holding company, and that's where they s i t at the moment. Helday phoned me up and then came In to see whether we would be Interested In one or both of them. Helday would be w i l l i n g to make any reasonable deal.

I should say that I f i r s t met Helday In Chile. He went down there o r i g i n a l l y as a prospector-scout for a small group Including Joe Rankin. They found him very d i f f i c u l t to control expense-wise. It was a couple of years ago, when things slowed down in Chi l e , that he came back to Canada, and found his way up to northern B.C. with syndicate-sponsorship. He's Inclined to l i v e a l i t t l e by his wits and presently Is getting f i n a n c i a l backing from o i l people In Calgary.

K E R R A D D I S O N M I N E S L I M I T E D ( F O R I N T E R - O F F I C E U S E O N L Y )

T W. N. Sl r o i a From?.!....!?'.,!^y*MSl!?.

Subject - Date. .D.e.c.eBfo.ftt...l9tb.#....19.6.6.,.

«• w ««

I told him that t would want to bring both properties to your attention and that If you thought we should maintain some Interest In them we would want to v i s i t them next spring or early summer before we would be able to form any accurate opinion of them. The thought that James of Bralorne would be a party to l e t t i n g them go makes me fee l doubtful of their worth. Perhaps he would f e e l able to comment on them to you.

Please l e t me have your comments In any event.

Helday mentioned that in G.S.C. Memoir 329 on page h$ the copper property i s described as the Lucky Jim, and the moly property as Nicholson Creek Mines.

PMK:sw

Paul M. Kavanagh Chief Geologist - Exploration

Page 2.

A. (2) Name: The A l v i j a 1-18 M i n e r a l Claims

P r i n c i p a l M i n e r a l : Cu some Au and Ag.

L o c a t i o n : The Dmineca M i n i n g D i v i s i o n , B.C.

20 m i l e s N o r t h e a s t of T e r r a c e , B.C. 7 m i l e s by t r a i l

lk m i l e s to Highway #16, r a i l r o a d and power l i n e .

H i s t o r y : Cominco drove two d r i f t s i n the t w e n t i e s . Upper d r i f t i s 30 f e e t l o n g w i t h f a c e i n o r e . Lower d r i f t over 100 f e e t l o n g w i t h f a c e i n o r e .

M i n e r a l i z a t i o n :

Bedrock v o l c a n i c beds 20 f e e t wide f r a c t u r e zone i s m i n e r a l i z e d a l o n g 300 f e e t on s u r f a c e .

One ore shoot reaches' w i d t h of ove r 50 f e e t . S t r i k e o f zone r o u g h l y IM 30 hi. Dip i s s t e e p , about 70° e a s t e r l y to v e r t i c a l .

Tonnage & Grade;

P o t e n t i a l as judged from o u t c r o p p i n g and underground working i s i n the o r d e r of 600 T/l / t . F t .

There are reasons to b e l i e v e m i n e r a l i z a t i o n extends beyond 300 f e e t , North and South, where s o i l and v e g e t a t i o n c o n c e a l the rock f o r m a t i o n .

Tenor of ore i s 2.5% Cu and 1 o z / t Ag,

C o n c l u s i o n s :

(a) Develop known ore s h o o t s

(b) Open and examine zones now co v e r e d by overburden a l o n g s t r i k e N o r t h and South

* * * * *

4Q0Q

r-v/ s

O 0 0

V

Union CarMrln Rsplriration Ltd.,

S05 Davenport Road,

Toronto 4, Ontario D O A B T K I L D R I D K i ' - : t'flTr; August 11, 1966

1P.D E A S T AT.H ' A V E , V A N C O U V E R l O . C A N A D A

SJe I l c r c h y (Crriify (/«• following ere the results of assays made by us upon submitted ORE

601 602 603 604 605

60 6 607 60S 600 610

611 612 613 614 615

1d

A ft L

,• - • -

P.'.-j'.-cli retained O H O w. .! Pulp ' , r e l a t f u r d one ! !

•Pulps c u d ( C ' c . h htyy [•>•

G O L D S I L V E R T o t a l ." Copper (Cu)

Son Sulphide Copper (Cu)

o u n c e s VAL U £ O U N C E S t-;: ; i

P E « T O N r i f . T O ! ! p n i TC.'i C ^ N T. CUNT , c = :;T.

Trace 2.2 4.24 1.33 Trace i 1".1> 2.51 0.97

' •

Trace 1.9 3.77 1.49 •

0.01 a. 35 2.3 •1.00 1.33 Trace 0.2 0. 21 0.10

Trace 0.2 0 ,76 0.3S Trace 0.7 2.13 0 .. 34 0.01 0 . 35 0.? 1. 24 0.81 Trace i . o 1 . 29. 0.50 Trace Trace o.os 0.03v

Trace 0.4 0, 30 0 . 22 Trace 0.3 0. 29 0.20 Trace 0.5 0.76' 0.43 Trace 0.2 0.24 0.18

Trace 0.8 0.98 0.76 '

1 i

' • • %<\

•,'r:i (>! ' • .. i»£r ounce • \ .

PE.1

c r,vr

£l o-

3> o 1

3 t.

n /

R E C E I V E D

AUG 1 5 1356

-LtrrtoiwCnrbide Exploration I.Id.,

(Lvvtifu'dlv of Aii i iai}

1 2 5 E A S T <£,T H i\ V E . V A N C O U V E Pi I O , C A i• i A !

VJt H c r r h y (Crrltfjj (/m* //«; following an- the result: cf assays made by us upon suhnittrd

T o t a l """ | Non Sulphide .Copper. (Cu) Copper (Cu)..

:v. tor

: -'0 ft-K;

' !;V'tO : .'nJ

616 617 61S 63 9 620

621 02,2 623

ounces pfn T O N

Trace Trace Trace Trace Trace

Trace Trace Trace

V A L U E T O N

i race 0i5 0.4 0,7 0.2

0.2 Trace 0.3

rO

pp.n C E N T .

0.82 O.S0 0.S9 0".94 0.S1

0.90¬0. 27 0.99

0.52 0.50 0.51 0 .44 0 . 25

0 . 55 0.10 0.14

v 0 : ;[

OVJl

pen C E N T .

.-..21-36-28705

XugUSt 11, 1966

Cold calculated at $

Nolc , fjt'ioffi retail • -! oi •. . • ' . Pulpi rcici.in ; [.'•*. P u l p ! O f i J r * j I*. rSi .' .'' .' \-.-t a fiHi^ir'•:.)('•! C>f on-: j - fir Ly -; 1 "i- -! • ••• ,• • r.!.

Un l is ij :-. : • • . !

.p&r: ounce

SKETCH, D E S C & l B \H& LOCAT IONS OF AREAS 7V*,"tV ,"C" 0

L E G E N D : fiOCK FORMATIONS

i Gwertstorie, SEALS,

L I M E S T p t ^ C •

ttrtES1TCfA^-^CrO!J>, £ 0 f ^ . .

AKD^Site j TV) rF

G^f^WACKfc , e o H a . ; A RGiLL,

3

>

7

GeoL-toMTACTS

ISPS

«.-miles .

APPRO*. S O . U .

Recommended