Delta Resources Ltd.
Bellechasse-Timmins
Properties
The Bellechasse-Timmins Property, Quebec, Canada
- Bellechasse-Timmins Gold Deposit,
- Champagne Cu-Pb-Zn Deposit
LOCATION:
The Bellechasse-Timmins gold deposit is located approximately 7 kilometres by paved road from the village of St-Magloire in Bellechasse Township, Beauce Region of Quebec, in Bellechasse and Panet townships. The property is 83 kilometres east of Quebec City and some 15.5km west of the border with the State of Maine, USA.
DESCRIPTION:
Delta holds 100% interest in the 157 claims covering 5677.1 hectares (Figure 1). The claims are in two blocks, a large northern block and a smaller southern block.
OWNERSHIP:
100% Delta subject to:
- A 5% Net profit royalty on profits exceeding $250,000 on 4 claims that encompass the BT deposit).
- A 2% NSR on the remainder of the property of which 1% or 2% can be bought back by Delta for $1,000,000.
GEOLOGY (From SGS-Duplessis 2012 43-101 Technical report):
The property lies within the Northern Appalachian Fold Belt between the Baie Verte-Brompton
Line (BVBL) and the Guadeloupe Fault.
The property lies within the St-Victor Syncline near its north closure (Figure 2). The rocks of the synclinorium are believed to be Upper Cambrian to Lower Ordovician age. These authors have divided Rocks of the area have been divided into five zones: From the northwest they are the Humber, Dunnage, Gander, Avalon, and the Meguma in the southeast. The property lies within the Dunnage Zone.
Rocks of the Dunnage Zone are believed to have deposited in the Iapetus ocean (600-550 Ma) and include remnants of volcanic island arcs and associated clastic and volcanoclastic sediments related to subduction of oceanic crust and its sedimentary and volcanic cover.
Rocks of the property are Ordovician in age and consist of sandstones and slates of the Frontiere Formation, overlain by felsic tuffs and cherts of the Etchemin Formation which are in turn overlain by an assemblage of intercalated graphitic slates, felsic tuffs and cherts of the Beauceville Formation at the core of the St-Victor Syncline. All three formations are intruded by thin sills of gabbro / Diorite.
The Bellechasse-Timmins gold deposit is spacially associated with a gabbroic/dioritic sill within the Etchemin Formation while the Champagne Cu-Pb-Zn deposit is hosted within the Beauceville Formation.
Geology of the Bellechasse-Timmins Gold Deposit Area
The area of the deposit is underlain by a northeast – southwest striking (045°) steeply dipping (75° SE) sequence of fine-grained volcanoclastic rocks. Stratigraphic indicators (graded beds) generally show tops are to the northwest.
The volcanoclastic sequence is intruded by a series of intermediate to mafic sills and dykes (local) that are generally composed of feldspar, amphibole and chlorite. The intrusive rocks range from aphanitic to locally coarse grained and are generally massive and equigranular although sections of foliated diorite and porphyritic diorite have been intersected in drill core.
Bellechasse-Timmins Mineralization
Gold mineralization occurs in albite diorite and related intrusive rocks and also in the volcanoclastic rocks that host the diorite. Gold-bearing zones in the volcanoclastics are quartz-filled structures that generally follow the strike of the schistosity. In the dioritic intrusives, gold is found in quartz-filled breccia bodies that tend to have medium axes that parallel the 045° regional grain shistosity of the country rocks.
Six main areas of gold mineralization have been defined: namely the Ascot Zone, the T1 upper Zone, the T1 lower zone, the T2 upper zone, the T2 lower zone and the 88 zone.
The envelopes footprint is around 700 meters long south-east/north-west, and similar along the
north-east/south-west axis on surface, mineralization has been intersected to a vertical depth of 650 meters and remains open. The estimated true width of the mineralization varies from 3 meters up to 85 meters (Figure 3)
Mineralization at the Bellechasse-Timmins deposit is believed to be of lode-gold, quartz-carbonate vein type.
Resource
A 43-101 compliant resource estimate completed in 2012 by SGS at the Bellechasse-Timmins deposit outlined the following resources:
Geology of the Champagne Deposit Area
The Champagne deposit area is characterized by a sequence of medium to dark grey fine grained banded to massive volcanoclastic rocks with thin fragmental to conglomeratic horizons that has been intruded by dioritic sills and dykes and to a lesser extent by thin felsic to intermediate intrusive rocks. Two dioritic (up to 65 metres thick) intrusives have been traced across the area.
Mineralization
Within the volcanoclastic sequence, massive sulphide mineralization occurs. The sulphide intersections consisted predominantly of pyrrhotite with up to 20% pyrite and varying amounts of sphalerite, chalcopyrite and galena and were massive to banded in morphology. The thickest intersections were encountered in holes CD2011-06 and 08 with individual zones of massive sulphides up to 5.87 metres (core length). The sulphide zones are hosted in a generally well banded to laminated graphitic rock that has historically been referred to as the Champagne Horizon. The Champagne Deposit is believed to be a deformed massive sulphide deposit of VMS-type. The deposit remains open on strike and to depth.
Resource
The Champagne Deposit has a strike length of approximately 335 metres with mineralization extending to a depth of approximately 114 metres vertical. A non 43-101 compliant historic resource estimate at Champagne outlined 250,000 tonnes of massive and disseminated sulphides averaging 4g/t gold, 19.7 g/t silver, 2.7% zinc, 0.40% copper and 0.45% lead.
Status:
New management at Delta is currently evaluating the Bellechasse-Timmins property to determine a course of action.
Source: https://deltaresources.ca/bellechasse-timmins/
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