The Jersey Mine historically produced 8 million tonnes of lead-zinc mineralization, at a combined grade of 5.8% lead + zinc. Mining was from a near continuous zone of mineralization that extended for 1800 m by 600 m. Mineralization consists of multiple metre-scale horizons of flat-lying stratabound mineralization hosted within lower Cambrian Laib Formation dolomite and limestone. Historically mined areas of lead-zinc mineralization ranged up to 30 m in true thickness.
A 43-101 compliant lead-zinc resource exists for the Jersey property and Margaux is actively exploring for lead-zinc mineralization to expand this resource. Highlights from the 2016 drill program include:
HoleID | From_m | To_m | Interval_m | Pb % | Zn % |
E1604 | 8.80 | 10.46 | 1.66 | 0.06% | 1.53% |
E1605 | 3.66 | 6.03 | 2.37 | 3.30% | 1.90% |
including | 3.66 | 3.94 | 0.28 | 27.57% | 10.65% |
and | 8.03 | 11.07 | 3.04 | 0.53% | 4.50% |
including | 10.24 | 10.82 | 0.58 | 220 | 9.76% |
| 10.82 | 11.07 | 0.25 | 6.38% | 10.8% |
The company has also completed an extensive program of surface and underground surveying, data entry and QA/QC work to verify historical drill and underground information, in preparation for an updated resource estimate.
Zones of zinc, lead, and silver mineralization discovered by Margaux’s 2016 surface work program on the Jersey property that require follow-up include:
New Vein Discovery – Pickwick area, Dodger East
7.9 % Zn, 22.6% Pb, 646 ppm Ag (grab sample)
New Zn Skarn Discovery – Nevada Mountain
7.6% Zn, 0.44% Cu, 0.26% W, 6.2 ppm Ag (grab sample)
Untested Tungsten King Pb-Zn Skarn Showing, Jersey south
11.6% Zn, 12.8% Pb, 228 g/t Ag, 0.48 g/t Au (grab sample)
Zinc Resources
