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An additional 1,590 claims (32,199 hectares) over three blocks on the La Liga silver-lead-zinc Project, north of Faro, Yukon were staked by Inform Resources Corp. (TSXV:IRR)
As quoted in the press release:
The Galaxy block consists of 2,285 claims covering 46,271 hectares. Multiple zones of disseminated to massive arsenopyrite, galena, sphalerite, pyrite, and pyrrhotite mineralization within fractured and intensely silicified sediments, chert, and calc-silicate skarn horizons have been identified on the Galaxy block and appear to be associated with a northwest oriented structural corridor that forms a 4km trend of mineralization that is open in all directions. Rock sampling recently announced by the Company indicates the potential for high-grade silver-lead-zinc +/- gold-copper mineralization in the area.
The Premiership block is located approximately 15km west of La Liga and consists of 254 claims covering 5,144 hectares. The area underwent minor exploration for SEDEX style silver-lead-zinc mineralization in the early 1980′s, and previous operators discovered zones of disseminated to fracture controlled arsenopyrite – sphalerite – galena mineralization within chert, anomalous silver, lead, and zinc in soil samples, and a zone of massive barite up to 20m thick traceable over 5.5km. This prospect is likely sediment exhalative (Sedex) style barite; the nearby Faro mine was a Sedex zinc-lead-silver operation. The Premiership area is underlain by Paleozoic sedimentary rocks that are crosscut by numerous faults and a small Cretaceous intrusion with sulfide-bearing hornfels and skarn. Minor rock chip and grab sampling by previous operators with specimens of chert hosting disseminated arsenopyrite, sphalerite, and chalcopyrite returned anomalous base metal and silver values.
The Old Trafford block is approximately 40km west of La Liga and consists of 414 claims covering 8,384 hectares. The area is underlain by a sequence of thrusted and locally folded Proterozoic – Paleozoic-Triassic sedimentary rocks with horizons of massive barite (up to 10m thick) and stratabound lenses of massive pyrrhotite with sphalerite, chalcopyrite, pyrite, and galena. The sedimentary sequence is cross-cut by northwest trending faults and intruded by Cretaceous volcanic plugs and intrusive rocks with associated sulfide-bearing hornfels and skarn development. The area has been intermittently worked for SEDEX style silver-lead-zinc mineralization by various companies since the early 1980′s; including 3,808 meters of historic diamond drilling, geologic mapping, soil sampling, and geophysical surveys. Highlights from diamond drilling performed in the 1990′s by Blackstone Ventures on the Francois grid includes 5.48% zinc, 6.13% lead, and 136.7 g/t silver over 0.8m from FRN96-02 and 8.42% zinc, 2.43% lead, and 29.8 g/t silver over 2m from FRN96-04. Blackstone also noted zones of strongly anomalous gold and PGE mineralization from some of their drill holes. Numerous additional zones of sulfide mineralization with anomalous silver-lead-zinc +/- copper-gold are noted across the property; a majority of which have seen only minor exploration.
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