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Columbia Queen

Copper, Gold, & Silver Property For Sale

Location: British Columbia, Canada

Commodities: Copper, Gold, Silver, Zinc

Available Terms: Lease Purchase Option

Price: Contact Vendor

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Summary

The 3,480 hectare Columbia Queen property has polymetallic showings in a geologic terrane favourable for discovery of ore deposits. The Property sits immediately adjacent to three well known metal deposits: J&L, Yellow Jacket and Mastodon. Easy road access to the Property and its proximity to a resource city with extensive industrial services, as well as being located adjacent to major grid power, bodes well for development of ore deposits in the region.

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Location and Access

The 3,480 hectare Columbia Queen property (aka Copper Queen) is located in the Big Bend area and northern Selkirk Mountains of southeastern British Columbia approximately 30 kilometers north of Revelstoke, British Columbia, Canada. The property is centered at 51o14'N. latitude and 118o12'W. longitude on NTS map sheet 82M/1 in the Revelstoke Mining Division.

Revelstoke, a resource town of about 10,000 population, is on the Transcanada Highway six hours driving time from Vancouver, British Columbia. Access to the Property from Revelstoke is via the paved Big Bend Highway (Highway 23) to LaForme and Carnes Creeks where logging roads provide access to the southwestern and eastern parts of the property. Helicopters, if needed, are based at the Revelstoke Airport.

Geology

The geology of the Copper Queen property has been mapped by Lund and Hajek (1976); Logan, Colpron, and Johnson, (1976); Logan and Rees (1997); and Payne (1999). The property is underlain by a north to northwest striking, shallow to moderately east to northeast dipping sequence consisting of six metamorphic units which have been intruded by a small granitic plug. The metamorphic rocks consist of quartz-feldspar grit/schist which is overlain by a thick sequence consisting of quartz amphibole schist, quartz chlorite schist, quartz biotite schist and schist with interbeds and lenses of marble, The above sequence is overlain by and intercalated with quartz rich sericite-muscovite +/-chlorite schist. A small plug of porphyritic biotite hornblende quartz monzonite has been mapped between grid lines 101 and 102N (Payne, 1999). The stratigraphy at the Copper Queen occurrence has been placed by Logan, Colpron, and Johnson (1996) in the Cambrian to Devonian, Upper Lardeau Group at or near the base of the Jowett Formation. The sequence of rocks is offset by east-northeast oriented fault structures, and in the northeast corner of the grid structural reading indicate a synform with an axis plunging to the northeast (Payne, 1999). Recent tenure additions to the Columbia Queen property are immediately adjacent to the northwest of the J&L deposit - refer to the geology of the J&L deposit for further information.

MINERALIZATION:

The Copper Queen occurrence consists of disseminations and lenses of chalcopyrite, sphalerite, pyrite, malachite and azurite in weakly to moderately calcareous, quartz-biotite +/-muscovite schist, quartz hornblende-biotite schist and minor chlorite schist. The BC MEMPR report the occurrence as a Noranda/Kuroko massive sulfide Cu-Pb-Zn.

At L95N, 98+15E, Payne (1999) mapped a 50cm thick marble horizon between an overlying >3 metre chloritic and calcareous quartz- biotite schist and underlain by >2.5 metres of calcareous chlorite schist (Unit 4). These units contained lenses of chalcopyrite, sphalerite and pyrite to 5% and locally >8% (Payne, 1999). Eleven of the sixteen rock grab samples reported by Payne (1999) were from the Copper Queen grid, and five rock samples were collected along new logging roads to the southeast. The 1999 rocks samples confirm reported anomalous copper, zinc and silver values from 1966 and 1976 sampling programs. Copper and zinc values in rock samples from the grid area range from 1259.52ppm to the upper detection limit of 99999ppm (10% Cu), and 107.8ppm to 73428.0ppm (7.3% Zn), respectively. Silver values in rock samples from the grid area range from 334ppb to the upper detection limit of 99999ppb with the samples with the three strongest copper responses also containing 99999ppb silver. The three samples with the strongest copper and silver values also contained anomalous gold contents between 262.0ppb and 645.8ppb. Rock sample 14806, a grab sample of mineralized (Malachite, chalcopyrite, and pyrite) quartz hornblende-biotite schist from the most northwesterly grid line, contained 1259.52ppm Cu, and suggests that the mineralized horizons continue beyond the grid to the northwest. A total of 314 soil samples were collected from the B soil horizon at 25m intervals along lines spaced from 50m to 150m apart. Sample stations and contoured values for copper and zinc are shown on Figures 2.5; 2.6 & 2.7. For descriptions of soil samples and certificates of analysis see Appendix III in the summary report and Assessment Report No. 26106 by Payne (1999). Copper values in soils range from 5.74 ppm to 1223.74 at 9800N and 9850E with values contoured at 70ppm, 120ppm , and 275ppm. Anomalous values, over 120ppm copper, occur in a northwest-southeast oriented anomaly which is over 400 metres long and up to 100 metres wide. Zinc values in soils range from 24.2ppm to 4137.5ppm at 9800N and 9850E with values contoured at 110ppm, 225ppm and 400ppm. Anomalous values over 400ppm are coincident with the anomalous copper zone. Elevated zinc values extend to the northwest end of the grid with grid extension to the northwest warranted.

History

The Mastodon zinc-lead-silver deposits, about 4 km east of the Copper Queen prospect, was discovered in 1898, and prospectors of the time probably knew of the malachite stained cliff at the Copper Queen. The first work on the Copper Queen was reported in the early 1900's, and sometime before 1965 three drill holes tested the showings, but no records of the results of this work were recorded.

In 1966, the S Group, consisting of 60 two-post claims, was staked for Clearwater Mines Ltd. of Bathurst, N.B. Clearwater used five diamond drill holes, totalling 1,425 feet, to test the occurrence. Holes CQ-1 and CQ-2 were collared on a bench approximately 300m to the east of the showings, but apparently failed to reach bedrock. Holes CQ-3, CQ-4, and CQ-5 were collared at an old drill site just above the main showings and fan drilled on a N20oW section line from a single setup. All three holes had intersections of copper and zinc mineralization over significant core lengths. Hole CQ-3 (a vertical hole) was reported to be well mineralized from 112ft to about 206ft, but only visual estimates of grade were reported (GCNL No. 114, June 14, 1966; Certificate of Work filed Feb. 7, 1967). Hole CQ-4 contained intersections from 170ft to 205ft and 225ft to 270ft averaging 0.6% Cu and 0.47% Cu, respectively (GCNL No. 131, July 8, 1966). Hole CQ-5 was reported to contain a 98ft section between 187-285' (true width reported to be 60ft) with grades running between 0.45% Cu and 1.14% Cu (GCNL No. 137, July 18, 1966). Grid drilling, reported to be planned by Clearwater, was never undertaken.

In 1976 Kerr Addison Mines Ltd. held the Property and conducted a program of soil and silt sampling and geological mapping which defined a northwest-southeast trending coincident copper, zinc and lead soil anomaly with a 600 metre length on the CC9 claim. The anomalous trend was open to the southeast. The Copper Queen showing was mapped as a 6 metre thick layer of calcareous metavolcanic rocks with malachite, sphalerite, chalcopyrite, and pyrite mineralization (Lund and Hajek, 1976). Kerr Addison drilled four BQ holes totaling 775.3 metres on units 13 and 14 of the CC9 claim, but specific locations and results were not reported (Exploration in B.C. 1977, pp. E66-E67).

Since the early 1980s major phases of advanced exploration work has been and is being done by mining companies on the J&L gold property which adjoins the eastern boundary of the Columbia Belle property. Proven and Probable Ore Reserves in the Main Zone are 1.7 million tonnes grading 7.4gpt gold, 75.9gpt silver, 4.4% zinc and 2.6% lead, and a further 1.9 million tonnes are classed as Possible Ore Reserves at a similar grade. Ore Reserves in the Yellow Jacket Zone are 690,000 tonnes grading 52.3gpt silver, 7.1% zinc and 2.5% lead, and a further 337,000 tonnes are classed as Possible Ore Reserves at a similar grade.

During the period July to October 1999 Orphan Boy Resources Inc. conducted an exploration program, consisting of 8.5km of flagged grid lines with 25m stations on lines spaced at 50m to 150m, collection and analyzing of 312 soil samples and 16 rock samples, limited geological mapping and prospecting, was conducted. Geochemical samples were analyzed for 36 elements by ICP and mass spectrometry techniques at Acme Analytical Laboratories Ltd. No work has been reported on the Property since 1999.