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YORK
Molydenum - Gold - Arsenic  Hydro-Thermal Vein / Scarn Prospect

From 1981 to 1988, exploration works such as the geochemical, geological, I.P., E.M., and magnetic surveys; road construction, backhoe trenching, percussion and diamond drilling have been completed by LAC Minerals Ltd. Published assessment reports indicate that In 1981, 1263 soil, 21 silt and 74 rock samples were collected; n 1982, 457.2 metres were drilled in 7 percussion holes; n 1983, 22 kilometres of Induced Polarizatin surveying was completed and; in 1987, 867.7 metres of trenching were excavated by backhoe in 27 trenches.

Drilling by Lac Minerals in the “York” and “Pat” pond area in 1982 show strongly anomalous molybdenum values in several holes and over most of the 76.3 metre length of hole 82-P-2. The best 3.05 metre drill intersection was 0.057 per cent molybdenum (Assessment Report 10599). Drilling in 1988 resulted in Lac stating that there were no especially high gold assay from the results; that the surface vein showings did not extend very deep; and according to hole RCY88-8 and 9, gold background values were highest in the deeper aureole zone of the granodiorite.

In 2007, NovaGold Canada Inc. held some of the ground on the north and west of what were previously held as the York Claims. Some of Lac’s geochemical surveying was on NovaGold’s holdings and three of NovaGold’s drillholes were in the old York 1, 2 and 8 ground. Several of Lac’s 1982 percussion drillholes, some of which had significant values in molybdenum, occurred on NovaGold’s ground just north of “York” pond.



Assessment Reports 10216, 10599, 11388, 12174, 16521, 18488, 29997

 

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