ROCK AND ROLL PROPERTY


Rock & Roll2020-06-11T02:33:13+05:00

Overview


Claim size

21,955 hectares

(39 contiguous claims)

Ownership

100% Owned

by Etruscus Resources

Acquisition: Etruscus purchased a 100% interest in the Rock & Roll Property (4723 hectares), originally staked in 1988 on behalf of the Prime Resources Group, in early 2018. Etruscus then went onto stake an additional 17232 hectares.

Geology: The Rock & Roll Property is located in northwestern BC in the prolific Golden Triangle, 7 km from the historic Snip Mine. Geologically, it rests on the metal rich Stikine Island Arc Assemblage that has been accreted onto the western margin of North America and host to many of the major deposits in the area. The property’s main asset is the Black Dog Volcanogenic Massive Sulphide (VMS) deposit that has an updated NI 43-101 compliant inferred mineral resource. There is also the SRV Zone, located just south of the deposit.

Moving Forward: The Etruscus Team will be reinterpreting the geophysics, geochemistry and the structural framework of the Black Dog deposit to help find new mineral reserves extending along strike. There has been little drilling outside of the inferred resource and the geological team is excited to unlock the full potential of the Rock and Roll Property.

In August, 2018 a NI 43-101 compliant inferred resource at Rock and Roll was produced and estimates the resource to be: 2.02Mt of 2.63 g/t AuEq composed of 0.71 g/t Au, 87.1 g/t Ag, 0.23% Cu, 0.23% Pb and 0.98% Zn.

Location and Access


Infrastructure

Etruscus’ wholly-owned Rock and Roll Property covers 21,955 hectares in the Iskut River Valley of northwestern British Columbia, 150 Km north of the ocean port at Stewart. The Property is situated within the Golden Triangle which has produced enormous precious and base metal wealth over the past century. This area also contains billions of dollars of undeveloped gold, silver, and copper.

Once seen as remote, British Columbia’s Golden Triangle has recently opened up dramatically, with two mines now in production, three new hydro-power facilities, a link to the provincial power grid and roads throughout the region. World-class deposits can finally be tapped because of infrastructure developments including:

  • Completion of a $700 million high-voltage Northwest Transmission Line to the Golden Triangle,  which runs 335 km from Terrace to Bob Quinn Lake, and north to the Red Chris mine. The power line to the region was critical in terms of project economics, bringing in electricity that is near the lowest cost in the world.

Access

The Rock and Roll Property itself covers 39 contiguous MTO claims located at the base of the Iskut River Valley. The topography is relatively gentle compared to that of the surrounding peaks in the Coast Mountains Range with elevation on the Property varying from 60 to 350 m. The claim block is heavily forested and is covered by dense coastal vegetation of spruce, fir, and hemlock as well as heavy moss coverage. Snow levels during the winter are lower than on the surrounding mountains with the field season starting as early as April.

Access to the property is via helicopter from the Forest Kerr hydroelectric facility 28 km away. As of 2019 there has been a proposal by Seabridge Gold Corp. to put in a road to the Bronson Camp located 7 km away from the Rock and Roll property. The Bronson Camp is used by Skeena Resources in their exploration of the historic Snip mine as well as by Seabridge Gold in exploration of their Iskut property that contains the historic Johnny Mountain mine. The close proximity of this mining camp will allow the company to get to the Rock & Roll Property faster and at a lower cost.

Historical Work


The Rock & Roll area has been explored intermittently since the late 1800’s by placer gold miners either en-route or leaving the Klondike gold fields near Dawson, Yukon. The property was originally staked in 1988 on behalf of the Prime Resources Group-one of Murray Pezim’s companies.

In 1990, exploration (line cutting, geochemical soil sampling, mapping, prospecting, ground geophysical surveys and trenching) led to the discovery of polymetallic, silver-gold-zinc-lead-copper massive sulphide mineralization that became known as the Black Dog Zone.

Notably, the surface expression of the Black Dog Zone is readily apparent in the geochemical soil sample and ground geophysical data.

In the period immediately following the discovery of the Black Dog Showing, Prime drilled 94 holes, totalling 11,063.2 metres in length, in the Black Dog and SRV zone area.

Subsequently, 20 holes totaling 3321.6 meters were drilled by several junior companies-mainly to expand the known mineralized zones. No work has been done on the property since it was returned the Vendors in 2009.

Geology


Golden Triangle

The Golden Triangle region of northwestern British Columbia is one of the most richly mineralized areas in the world. The gold endowment compares to that of Nevada’s Carlin Trend, generally recognized as the largest accumulation of gold in the Western Hemisphere. The tally of total gold ounces in the Golden Triangle only represents half of the contained metal value since the region also hosts an equivalent value in silver, copper, lead, zinc and other metals. Although the Golden Triangle is dominated by large porphyry copper-gold deposits, the region also hosts a variety of other deposit types. For example, Eskay Creek, a volcanogenic massive sulphide (VMS) deposit, produced 3 million ounces of gold and 160 million ounces of silver from ore with a spectacular grade of 49 g/t gold and 2,406 g/t silver. That deposit was so rich that Barrick transported the untreated ore to a smelter in the United States.

Rock and Roll


The Rock and Roll Property is located on the western margin of the Stikine Island-arc Terraneadjacent to the Coast Plutonic Intrusive Belt. Both Paleozoic and Mesozoic sedimentary and volcanic rocks make up a large portion of the Property area. These rocks have been intruded by Triassic intrusive porphyritic dykes as well as felsic Tertiary plutons of the Coast Mountain Complex. Within the Property the stratigraphy has been assigned to the Paleozoic Stikine Assemblage as well as the Mesozoic Stuhini Group rocks (Massey,2005). On the northern portion of the Property, Cenozoic mafic volcanic flows erupted from Hoodoo Mountain have resulted in large portions of the area being covered.

Local geology in this area consists of interlayered intermediate volcanic and argillite-siltstone units. The volcanic rocks are generally massive and fine to medium grained with no significant primary structures preserved. The argillite is commonly carbonaceous and contains rare, thin, pyritic lamina. Argillite-siltstone units are thinly bedded, grey to black, locally siliceous, and very deformed, commonly making identification of S0 or S1 difficult to impossible. Rare greywacke beds were tentatively identified. In general, the rocks are weakly to strongly iron carbonate altered with quartz-calcite and calcite stringers throughout. The volcanic and sedimentary rocks are also intruded by felsic dykes locally.

These Paleozoic and Mesozoic sedimentary and volcanic rocks are cut by intrusions of various ages. A series of north-south striking diorite dykes outcrop across the Property. These rocks are medium-grained and moderately strained. Within the mineralized stratigraphy around the Black Dog horizon, diorite is very common and is generally strongly sheared and brecciated with dark colouration due to contamination/remobilization of carbonaceous material. There are abundant feldspar crystals in the groundmass of this unit, occurring as laths and weakly glomeroporphyritic clusters. This diorite forms abundant narrow, strongly deformed and altered intervals within the sedimentary rocks, especially noticeable in proximity to the mineralized horizons.

Mineralization


RR91-037, 70-73 meter depth (3.02g/t Au, 260.1 g/t Ag, 5.91% Zn, 0.56%Pb, 1.13%Cu)

The basin shaped “Enhanced Precious Metal VMS Deposit” (EPM-VMS) at Black Dog consists primarily of pyrrhotite, pyrite, chalcopyrite and sphalerite. It is stratabound within a layer of exhalites and laminated mudstones. There are apparently two styles of mineralization associated with the Black Dog zone. Massive pyrrhotite with blebs and lenses of chalcopyrite and sphalerite forms the matrix to clasts of predominantly argillite with minor quartz, gypsum and diorite clasts mixed in locally. As well, massive pyrite-sphalerite forms finely laminated lenses locally, with minor pyrrhotite, galena and chalcopyrite. The Black Dog zone extends up to 650 metres to the southeast of the surface showing and similar mineralization occurs in at least three other horizons (or fold repeats) in the section. Diorite disrupts the mineralization and also hosts disseminated pyrrhotite-chalcopyrite mineralization along the length of the deposit. The geophysical features indicate that the Black Dog stratigraphy continues northward to the other side of the Iskut River. No significant mineralization was observed north of the Iskut River other than the pyritic laminations in carbonaceous argillite. Two samples of carbonaceous argillite with thin pyritic laminations and pyrite in fractures returned slightly elevated values for silver, copper, zinc and antimony. In August, 2018 the NI 43-101 compliant inferred resources at Rock and Roll were estimated to be:

Rock and Roll Inferred Mineral Resource Estimate, August 3rd 2018
(Cut-off Grade 0.5 g/t AuEq) A. Armitage.

ResourceGradeAuEq
(g/t)
Inferred2,015,000
Tonnes
Au (g/t)Ag (g/t)Cu (%)Pb (%)Zn (%)
0.7187.10.230.230.982.63
Contained
Metal
46,000
Ozs
5,643,000
Ozs
10,246,000
Lbs
10,180,000
Lbs
43,503,000
Lbs
170,000
Ozs
  • Fixed specific gravity value of 3.07 was used to estimate the tonnage from block model volumes.
  • Mineral resources are reported at a base case cut-off grade of 0.5 g/t AuEq considering metal prices of $1,250.00/oz Au, $17.00/oz Ag, $3.00/lb Cu, $1.00/lbPb and $1.20/lb Zn, and assuming metal recoveries of 95% for zinc, 80% for lead, 90% for copper, 85% for silver and 80% for gold or 85% for AuEq. Metalurgical recoveries will be adjusted with future metallurgical testing. AuEq = (Au g/t * 0.8) + (Ag g/t * 0.012) + (Cu% * 1.48) + (Pb% * 0.44) + (Zn% * 0.63).
  • Mineral resources which are not mineral reserves do not have demonstrated economic viability. All figures are rounded to reflect the relative accuracy of the estimate.

Volcanogenic Massive Sulfide Model


The Rock and Roll Property belongs in the volcanogenic massive sulphide (VMS) class of ore deposits. They are an important resource in British Columbia both for base and precious metals. Current exploration interest is focused largely on the precious metal-rich Eskay-type deposits which are attractive because of their polymetallic nature and bonanza grades (e.g. Eskay Creek – 1998 reserves 1,356,240t at 2684 g/t Ag, 58 g/t Au).

Volcanogenic massive sulfide (VMS) ore deposits are a type of metal sulfide ore deposit, mainly copper-zinc, which are associated with and created by volcanic-associated hydrothermal events in submarine environments. They occur within environments dominated by volcanic or volcanic rocks, and the deposits are coeval and coincident with the formation of said volcanic rocks. As a class, they represent a significant source of the world’s copper, zinc, lead, gold and silver ores,with cobalt, tin, barium, sulfur, selenium, manganese, cadmium, indium, bismuth, tellurium, gallium and germanium as co- or by-products.

The VMS ore deposits typically comprise one or more thin sheets of massive to well layered pyrite, sphalerite, galena and chalcopyrite commonly within felsic volcanic rocks and interlayered, terrigenous clastic rocks with calcalkaline basaltic to andesitic tuffs and flows. The lenses may be zoned, with a Cu-rich base and a Pb-Zn-rich top; low-grade stockwork zones commonly underlie lenses and barite or chert layers may overlie them.

A hundred years of exploitation from 16 major VMS mines in BC has produced nearly 109,000,000 t of ore. This has resulted in the production of over 3,000,000 kg Ag, 82,500 kg Au, 1,460,000 t Cu, 96,400 t Pb, 1,000,000 t Zn and 2,000 t Cd. The bulk of this production has come from five mines – Britannia, Anyox (Hidden Creek), Myra Falls and Granduc, and Eskay Creek. Tulsequah Chief has received mine certification. Their average deposit size is 1.5 Mt containing 1.3% Cu, 1.9 % Pb, 2.0 % Zn, 0.16 g/t Au and 13 g/T Ag. British Columbia deposits range from less than 1 to 2 Mt to more than 10 Mt. In British Columbia, most deposits are Cambrian, Late Triassic and, less commonly, Mississippian-Permian in age. They are highly variable in size. B.C. deposits range in size from less than 1 Mt to more than 113 Mt.

Volcanogenic Massive Sulfide Model


(Examples of each deposit are presented solely for comparative purposes and are not intended to characterize
the mineralization at the Rock and Roll Property)

Windy Craggy has reserves in excess of 113.0 Mt containing 1.9 % Cu, 3.9 g/t Ag and 0.08% Co.

Britannia: Between 1905 and 1977, the Britannia orebodies yielded approximately 47.8 million tonnes of ore grading 1.1% copper, 0.65 % zinc, 6.8 grams per tonne silver and 0.6 grams per tonne gold.

Myra Falls: The overall pre-mining mineral resource (all categories) was 40 M tonnes grading 2.1 g/t Au, 49.0 g/t Ag, 1.8% Cu, 0.5% Pb, and 6.1% Zn

Granduc reported reserves before production of 39,316,435 tonnes grading 1.73 per cent copper

Goldstream has a total resource (reserves and production) of 1.8 Mt containing 4.81 % Cu, 3.08 % Zn and 20.6 g/t Ag and

Kutcho Creek: Probable Mineral Reserve (2017 estimate) of 10.4 Mt @ 2.01% Cu, 3.19% Zn, 34.61 g/t Ag and 0.37 g/t Au

Tulsequah Chief: An NI 43-101 compliant probable mineral reserve estimate is given at 6,447,098 tonnes grading 1.13 per cent copper, 1.04 per cent lead, 5.59 per cent zinc, 2.30 grams per tonne gold and 81 grams per tonne silver

2019 Field and Drill Program


Field Program

In 2019 Etruscus conducted Phase 1 field program consisting of a biogeochemical orientation survey to test the effectiveness of biogeochemical (bark) sampling to identify elevated pathfinder elements (Au, Ag, Ba, Cu, Fe, Hg, Pb, Se, Zn) in areas with thick overburden where traditional soil sampling is ineffective. The biogeochemical survey provided valuable results to prioritize historical geophysical targets for Phase 3 drill testing planned for later in the season. A total of 58 bark samples were collected, including duplicates. The distribution of sampling was designed to test over known mineralized and barren areas surrounding the Black Dog deposit. The sampling was broken down to 17 samples across the exposed massive sulphide deposit, 19 samples across a projection of the favorable stratigraphy (1.2 km south of the exposed massive sulphide), and 22 samples in a remote area 1.7 km northwest of the exposed massive sulphide.

Etruscus geologist sampling bark during the 2019 bark sampling program.

Etruscus geologist sampling bark during the 2019 bark sampling program.

 

A Phase 2 12-day follow-up biogeochemical sampling program was conducted. The 5-person exploration team collected samples across a 27 km2 area, covering all projections of favorable stratigraphy. The exploration team also focused on a structural mapping program. Both programs helped assist the Etruscus team in prioritizing the geophysical anomalies for drill testing that have been identified from detailed historic data analysis work.

Drilling Program

Previous owners mostly focused on the Black Dog deposit, drilling a total of 113 holes (<20,000 m) in a small area.  In 2018, Etruscus acquired the property to focus on expanding the existing resource.  The VMS model provides that these systems often form multiple, mineralized clusters.

The VMS model provides that these systems often form multiple, mineralized clusters and the ongoing goal is to locate additional bigger, richer zones

In 2019, Etruscus drilled 8 drill holes totaling 2,622 m outside the Black Dog deposit.  Mineralization was hit both to the north and south, extending the strike length to 2.7 km, quadrupling the previous amount of 600 m.  For the first time in 30 years, Etruscus was able to expand the size and scale of the Black Dog system.

Highlights

Etruscus’ 2019 drill program achieved 4 critical results:

  1. 75 km step-out to the northwest hit mineralization (“ANGIE”)
  2. Multiple well-mineralized horizons hit in 400 m step-out to the southeast (“ZIGGY”)
  3. Lengthy rhyolite package identified near Black Dog horizon (“WHITE SWAN”)
  4. Large rock package, previously written-off, now prospective

 

Etruscus hit mineralization 1.75 km to the northwest of the Black Dog Deposit at Angie and 400 m to the southeast at Ziggy.  This opens up all the area in between as highly prospective.  Furthermore, a thick rhyolite package was found below the Black Dog stratigraphy at White Swan.  This package is similar to what is found at the high grade Eskay Creek property, 50 km away, and increase our chances of discovering other VMS deposits nearby.  Southwest of the Deposit, a large underexplored carbonate package (shown in drill map above in blue) that was previously written-off is now prospective.  Previous owners believed that there was a thrust fault but recent age dating work by the British Columbia Geological Survey (BCGS) suggests there is a limestone package that is conformable with Black Dog stratigraphy.  With the various geochemical and geophysical anomalies already known in this terrain, there could be another VMS deposit or other signification mineralization that lies under the limestone.

Rock & Roll Extended Claims

Based on the large dataset we inherited with the Rock & Roll acquisition, we felt that the mineralized system that already exists on our property could trend onto land towards the northwest.  As a result, Etruscus staked 17,232 ha to the northwest, more than quadrupling its original Rock & Roll land package.

The 1.75 km step-out to the northwest at Angie that hit mineralization could be key in opening up the Black Dog system onto the new extended claims.  Field work completed in 2019 further supports this theory as 2 areas so far were prioritized as requiring follow-up in 2020:

Hoodoo West

Field work at Hoodoo West resulted in 4 highlights:

  • Rock sample assayed 25 g/t gold, 332 g/t silver, 5% lead at Hoodoo West
  • Limestones found in Hoodoo West could help expand Black Dog horizon
  • High concentrations of bismuth, a gold pathfinder element, at Hoodoo West
  • Large scale porphyry potential possible with proximity to “Red Line”

 

Hoodoo North

Led by nickel expert Dr. Peter Lightfoot, exploration completed at Hoodoo North identified the potential for magmatic nickel sulphide.  Two highlights were identified during the exploration:

  • Expansion of 100 m by 600 m gabbroic intrusion
  • Assay results from the gabbros returned up to 9.6% MgO, suggesting the right rocks exist to host magmatic nickel sulphide

Maps & Figures


Property Images


2020 Plans

Etruscus is currently planning for its 2020 exploration, expected to begin in the spring.  Located at about 200 m above sea level, Etruscus can start its season much earlier than surrounding companies that are at higher elevations.

After extensive review of its large, 21955 ha Rock & Roll land package, Etruscus has identified 5 drill ready targets, 2 near drill ready targets and 5 prospective areas.  Early season geochemical and geophysical work will enhance targets for this year’s drill program.

5 DRILL READY TARGETS

The Wall

  • New age dating provides untested, prospective area to west of deposit that was written off by previous owners
  • Deep conductor provides potential for large scale discovery
  • EM anomaly occurs along projection of Black Dog horizon favorable for new mineralization
  • Hit would open up huge prospective terrain in other directions away from main northwest/southeast trend

Angie

  • Follow up Angie sulphide discovery in RR19-07
  • 2 untested electro-magnetic (EM) highs
  • Anomalous geochemistry in bark, soil, and silt

Brown Sugar

  • Strong, untested EM conductor
  • Along biogeochemical trend of anomalous base/precious metals
  • Black Dog mineralization projects down dip to this target

Focused VTEM planned to enhance target

Black Dog

  • Deep hole to test for depth where other mineralized horizons or stacked lenses may exist
  • Almost all historical holes drilled only to shallow 100 m depth
  • Provide material for metallurgical testing to refine resource

Heartbreak

  • Strong, untested EM conductor along strike from Black Dog Deposit
  • Structural work suggests Black Dog mineralization could trend towards this area

2 NEAR DRILL READY TARGETS

Kashmir

  • Untested EM high south of SRV and west of Ziggy
  • Anomalous Zinc and Copper in soils
  • New interpretation projects mineralization further south through target
  • Possible new zone extending down dip from SRV

D’yer Mak’er Showing

  • New prospective zone of mineralization 340 m north of Black Dog Showing
  • Doesn’t fit current geological model and may represent new mineralized lens
  • Structural mapping necessary to determine its correlation to Black Dog

6 PROSPECTIVE AREAS

Rob Area

  • New and emerging as possible unique mineralizing system
  • High bismuth and arsenic, both gold pathfinder elements, along with gold and silver found near a 50 m historic high-grade quartz vein
  • 400- 800 m area in north shows anomalous Cu, Ag, As, Bi
  • High bismuth and same age rocks suggests possible vein-hosted, high-grade gold similar to Skeena’s rich gold-silver Snip Mine, 7 km away
  • Further exploration planned in early 2020

Skarn area

  • Possible non-VMS mineralization southwest of Black Dog Deposit
  • Newly prospective terrain has strong biogeochemical signature with mapped intrusive rocks and nearby conductive anomaly
  • Significant quartz veining in one area with anomalous zinc grab samples nearby
  • Emerging target could be drill ready with ground truthing and geophysical work

Hoodoo West

  • Numerous mineralized quartz veins and high bismuth and gold samples (25 g/t Au) suggest possible high-grade gold veins like Skeena’s Snip Mine
  • “Red Line” proximity increases large scale porphyry potential
  • Limestone outcrops mapped suggests Black Dog stratigraphy could exist on regional scale; opening large VMS potential
  • Large bark and rock sampling program planned to test brand new areas

VTEM planned over entire area to identify geophysical targets

Hoodoo North

  • Discovery of 100 m by 600 m gabbroic intrusion and rock samples returning up to 9.6% MgO suggests nickel sulphide potential
  • 70 m – 300m shear zone sampled up to 175 g/t Ag at historic showing
  • Nickel expert Dr. Peter Lightfoot recommends exploring for more gabbroic intrusions
  • Evaluate “Red Line” potential for porphyry and related systems

VTEM planned to be flown over to guide exploration program