Canada Mineral Property For Sale

 The Columbia Belle Mineral Property

 

Summary:

UPDATE: THIS PROPERTY HAS BEEN SOLD!

Recently, Gerry Carlson and I have expanded the Columbia Belle Property (Sedex: Zn, Pb) to 9,540 hectares to cover an unexplored area with several RGS silt gold anomalies (northwest part of Property) and a large limestone deposit (south end of Property).

Following is the updated information on the 9,540ha Columbia Belle mineral property (aka Rift) that is across the Revelstoke Lake from the significant Ruddock Creek Sedex (Zn, Pb) deposit in the Revelstoke Mining Division, 100 km north of Revelstoke, BC, Canada on paved Highway 23. The Property overlaps Highway 23 and much of the Property is accessible by logging roads. The main “Rift” discovery showing was chip sampled by E & B Exploration, Inc. in the early 1980s, with 25 samples averaging 29.74% zinc and 5.28% lead over an average width of 0.95 metres. Exploration in 1999 revealed new metal-in-soil and magnetic anomalies in the “Rift” area that warrant follow-up by trenching and/or drilling. The Property is within easy trucking distance to the Trail lead/zinc smelter.

The nearby development stage Ruddock Creek deposit is now controlled by Imperial Metals Corporation as they recently acquired Selkirk Metals Corp., the property owner.

The Property is ~28 km north of the Goldstream Mine, a past producer (VMS deposit) at 1,500 tpd, developed by Noranda Mines Limited circa 1983. The processing plant is still on care and maintenance.

There has been some work done determining the quantity and quality of a large limestone deposit (in Badshot Formation) on a low elevation logging road in the Bigmouth Creek valley (within the south boundary of the Property). CPR rail sidings and bulk material load-outs are available in the nearby City of Revelstoke.

Location and Access:
The Columbia Belle property is located on Highway 23 in the Big Bend area of the Northern Selkirk Mountains in Southeastern British Columbia, Canada, approximately 100 kilometers north of Revelstoke and 12 kilometers south of Mica on Revelstoke Lake (Columbia River). The property is located on NTS map sheet 82M/15 and centered at latitude 51o53'N and longitude 118o35'W.

Description:

Geology:
The Rift zinc-lead occurrence is underlain by a generally northeasterly striking, shallow to moderate southeasterly dipping, and isoclinally deformed sequence of metavolcanic and metasedimentary rocks of the Lower Cambrian, Lardeau Group. A distinctive marble unit of the Badshot Formation or lower Lardeau Group has been traced northerly from the Goldstream River area. The sequence is considered to be part of the Lardeau Group. These host rocks are part of the Selkirk Allochthon and are situated in the hanging wall of the Columbia River fault system.

The sulphide layer at the Rift discovery showing was mapped as part of a 400 meter-thick, largely schistose interval that lies between marble units with straurolite bearing rocks exposed in Rift Creek mapped as layered quartz-garnet pelitic schists and layered calc-silicate with subordinate psammite (clayey sandstone). porphyritic K-feldspar garnet-biotite quartz monzonite has intruded the metasedimentary rocks as sills, dykes and less than ten centimeter layer-parallel, anastomosing lenses. Approximately 100 metres above the sulphide layer is a pod-like, sheared ultramafic body, about 15 metres thick, which contains less than three centimeter cleaved metacrysts of magnesite in a matrix of antigorite, talc and magnetite. E & B reported that the utramafic body contains 2,300 ppm nickel, 106 ppm cobalt, and 175 ppm copper.

The Rift discovery showing, consisting of a number of layers of massive sphalerite, pyrite, pyrrhotite, and galena with traces of chalcopyrite, arsenopyrite, marcasite and hematite, is exposed for approximately 25 metres of strike length in a steep-sided creek gully called Rift Creek. The massive sulphide layer is up to 2 metres thick with sampling suggesting an average width in the showing area of less than one meter. The bedded massive sulphide horizon occurs in a sequence that strikes generally 1100 azimuth and dips 350 to 55o southward. A number of thin discontinuous massive sulphide lenses, separated by country rock with disseminated sulphides, occur in the immediate 2 to 3 metres of footwall rocks, and sampling of the footwall has yielded a weighted average of 3.11% zinc, 0.48% lead, and 0.01% copper. A second massive sulphide zone, called the “upper showing”, is exposed approximately 90 metres stratigraphically above the main Rift showing. The predominant gangue minerals within the massive sulphide layers are quartz, muscovite, calcite, and minor clinozoisite. The footwall disseminated sulphides occur in thin calc-silicate and quartz-rich layers.

The main Rift showing was chip sampled by E & B, with 25 samples averaging 29.74% zinc and 5.28% lead over an average width of 0.95 metres. Dr. Christopher sampled the discovery showing on his visit to the Property in October 1999 and his two samples confirmed the E & B zinc and lead values and mineralized width.

During the 1999 field program, a total of 34 rock samples were collected from the property to confirm reported anomalous zinc and lead values from 1980 to 1985 rock sampling. The results, from 32 rock samples reported by Mr. Payne and 2 check samples collected by Dr. Christopher, confirm the presence of highly anomalous values of zinc, lead and silver with weakly anomalous copper.

The Roe showing, consisting of siliceous banded massive iron sulfide with anomalous copper and silver values, was located in the southwest corner of the 1999 grid. The siliceous iron formation is trending toward the boundary of Beaumont's base metal and surface rights. Since iron formation is common around base metal massive sulphide deposits, further prospecting and grid extension to the south in 2000 resulting in more metal-in-soil anomalies being defined that are now ready for trenching/drilling.

History:
The Rift showing was discovered in August 1980 as a result of a joint venture, reconnaissance prospecting and geochemical exploration program by J.M. Leask and E & B Exploration, Inc.(“E & B”). Between August and October 1980, 321 claim units, called the Mica property, were staked in a block surrounding the Rift discovery showing. By late 1981 E & B expanded their land holding to 749 units.

During the 1981 field season the Mica property was mapped at a scale of 1:10,000. Grid geophysical and geochemical surveys were conducted over the area surrounding the Rift showing with detailed grid mapping and chip sampling of the occurrence. From 1982 to 1985 E & B expanded grid exploration with continued soil sampling, magnetometer surveys, electromagnetic surveys, geological mapping and prospecting.

In September and October 1985, E & B core drilled five holes totaling 854 meters which were spread from 400 meters to 800 meters easterly from the discovery showing in Rift Creek. Hole M-85-1 and adjacent hole M-85-2 were positioned to test the eastward trend of a strong zinc-lead soil geochemical anomaly and to intersect an east-west striking VLF-EM conductor. Angle Hole M-85-1 encountered severe faulting and was lost at 93 meters before reaching the target zone. Hole M-85-2 intersected 1.82 meters of 27.03% (22.21% Zn + 4.82% Pb) combined zinc-lead from 118.8 meters to 120.6 meters with a true thickness between 1.58 meters to 1.65 meters. E & B’s geologist concluded that, "Hole M-85-2 verifies the on-strike continuity of the Rift stratiform zinc-lead massive sulphide horizon and indicates the trend of mineralization within the host calc-silicate section. Further drilling is necessary to delineate the base metal zone within this horizon and to resolve the structural complexities that deform the deposit."

During 1982 E & B was unsuccessful in negotiating an exploration and development agreement with Beaumont Timber Co. Ltd. (Beaumont), owners of the surface and base metal rights in the immediate area of the Rift occurrence. In the Mid 1980's Beaumont funded a trenching and an eight hole (814 meter) core drilling program in the area of the Rift showing. The program discovered several additional massive sulphide showings, but restricted the extension of the Rift showing mineralization to a fold hinge plunging 120o toward hole M-85-2 on the Issuer's 100% ownership ground.

In 1990 Corona Corp. drilled one core hole east of Beaumont's ground. The drill hole was reported to have intersected a sequence of pelites, psammites, impure quartzites and marble which are intruded by sills and dykes of porphyritic biotite, quartz monzonite. The hole was stopped at 68 metres, before reaching the targeted mineralized zone, due to caving problems in a fault zone.

In 1999 and 2000 an exploration program on the Rift property was conducted for Orphan Boy Resources Inc. by Crest Geological Consultants Ltd. under the direction of Mr. Payne, during the period July to October 1999. The program consisted of ~15 kilometers of flagged grid lines with 25 meter stations on lines spaced 50 metres to 100 metres apart, soil sampling, magnetometer survey and limited geological mapping and prospecting. Several metal-in-soil anomalies as well magnetic anomalies were reported. No work has been reported since 2000.

Additional Information:

Contact: John A. Chapman
Telephone: (604) 536-8356
Email: jacms1@telus.net
Website:

Additional Photos: