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Jackpot

The Jackpot Property is an advanced-stage lead-zinc property located 15 km north of the Jersey-Emerald property.  It covers the same favorable stratigraphic setting for Kootenay Arc-type lead-zinc mineralization as the Jersey-Emerald.

 

Jackpot

The property hosts numerous zones of known lead-zinc mineralization (Jackpot East, Jackpot Main, Jackpot West, Lerwick, Big Zinc, Oxide Fault) that have little modern exploration work.

At the Jackpot East zone, 143 historic drill holes (11,000 m) and 2 levels of underground workings explore a zone of complexly folded lead-zinc mineralization.  Most of the historic work was completed by New Jersey Lead and Zinc (1949-54) and by Cominco (1975-77).  Margaux has compiled the historic drill and underground data for the Jackpot East zone and completed a 3D rendering of the data. 

The 3D model outlines a mineralized zone that trends roughly north-south, has been traced along strike for 600 m, and remains open in both directions.  The central 160 m portion of the zone is well tested by drilling, with fans of holes drilled from underground on 50 foot centers.   There has not been any historic mining from this zone.  There is good potential to expand the known zone of lead-zinc mineralization at Jackpot East, leading to a 43-101 compliant resource estimate.

 

 

 

 

The Big Zinc target is located 3 km north of Jackpot East.  It represents a boulder train of high grade zinc-oxide float boulders.  Boulders weighing up to 45 kg, with grades exceeding 40% Zn, occur within this zone, which extends for up to 600 m long x 300 m wide.  A large, strong zinc soil anomaly is coincident with the boulder train.  Minimal drilling has been done to locate a bedrock sulfide source to the zinc boulder train and this remains a high priority target.

Sawn sample of high grade Zn oxide float (> 44% Zn) within large Zn soil geochem anomaly

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The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this website. Statements in this presentation other than purely historical information including statements relating to the Company's future plans and objectives or expected results, are forward-looking statements. This website contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. Forward-looking statements are based on numerous assumptions and are subject to all of the risks and uncertainties inherent in the Company's business, including risks inherent in resource exploration and development. As a result, actual results might vary materially from those described in this website. Readers should verify any & all claims and do their due diligence before investing in any securities mentioned. Investing in securities is speculative and carries a high degree of risk.
Linda Caron , P.Eng., VP Exploration  is a “Qualified Person” as defined under NI 43-101 has reviewed and approved the technical content of this website