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Wawa Area Gold Projects

May 22, 2020
Wawa Area Gold Exploration
 
 
Argo Gold Inc. has 100% ownership in six high-grade gold exploration projects in the Wawa area (shown below) and northwestern regions of Ontario.
 
Abbie Lake Gold Project (Au)
 
 
The Abbie Lake Gold Property is located 40 Km south of White River and approximately 65 km northwest of the town of Wawa, Ontario via Hwy 17N and 35 km west of Highway 17N along the Paint Lake Road which connects to the producing Wesdome Eagle River Mine located at km 52.
 
  • Significant low to moderate grades of gold mineralization were identified by Tundra Gold Mines extending southwest from Abbie Lake over strike length of almost 5 kilometres.
  • Gold mineralization is closely associated with a high strain zone that occurs at the contact between felsic and mafic metavolcanics to the north and conglomeratic metasediments to the south.
  • Iron Lake Defomation Zone has close similarities with the Mishibishu Lake Deformation Zone that hosts the Mishi Mine and the Magnacon Mine.
  • The main mineralized zone is about one kilometer in length and 50 – 100 metres in width and consists of a series of sub-parallel quartzcarbonate-tourmaline veins contained in a quartz-sericite+/- chlorite schist.
  •  The Mishi Gold Deposit is a moderately low grade, high tonnage deposit (open pit bulk mining). The deposit model for the Abbie Lake Property will be similar to the Mishi Deposit.

 

Macassa Creek Gold Project (Au)
 
 
The property is located 40km west of Wawa, Ontario, in the David Lakes (Mishibishu) Area, Sault Ste. Marie Mining Division, and District of Algoma, Ontario.
  • Gold mineralization occurs within quartz-bearing shear zones straddling the metavolcanic-metasedimentary contact on the western continuation of the Mishibishu Lake Deformation Zone that also hosts the Mishi and Magnacon Deposits.
  • 1986 and 1987 drilling indicated a low grade gold bearing east-west trending mineralized zone on Argo Gold claim immediately south and west of Wesdome claims and leases.
  • Drilling program underway by Wesdome Mines west of the Mishi Mine over a 3 km strike length to the west of the Mishi Deposit, with drill holes spaced at 200 metre intervals.
  • The nature of the Mishi Gold Deposit is a moderately low grade, high tonnage deposit (open pit bulk mining). The deposit model for the Macassa Creek Property will be similar to the Mishi Deposit.
  • The Macassa Creek Property is located close to the Mishi Deposit and the Magnacon Mill complex. The claim block is accessible by road from Wawa and locally, by logging roads.

 

Mishi Lake Gold Project (Au)
 
 
The property is located 40 km west of Wawa, Ontario, in the Mishibishu Lake Area, Sault Ste. Marie Mining Division, District of Algoma, Ontario. The property is accessible by vehicle from Highway 17 North, 50 km north of Wawa, then west 50 km along the Paint lake Road to the Mishi Mine and Mill complex.
  • The main area of interest are the claims immediately east of the Wesdome Lease. These claims are underlain by the east-central portion of the Mishibishu Deformation Zone which is estimated by the Ontario Geological Survey to be approximately 1.5 km in width through the Mishi Lake Property.
  • Mishi North Gold Occurrence is located on the ESE trend of several gold prospects, including the Discovery, Hollinger, Amichi, and Northwest. All these gold prospects are characterized by quartz veins within highly deformed and altered metavolcanic and metasedimentary rocks near the metavolcanic-metasedimentary contact.
  • The Mishibishu Lake Stock is a high-level, late-to post tectonic intrusive body of quartz monzonite to monzonite composition which intrudes the southern part of the Mishi Lake Property. Intrusive quartz-feldspar and feldspar porphyry dikes related to the Mishibishu Lake Stock are common in the vicinity of several of the gold occurrences within the MDZ, including the Mishi Lake Property.
  • Mishi North Gold Occurrence consists of NW and E-W trending quartz veins enclosed by an alteration envelope; a grab sample of the NW vein contained 75 g/t Au. No channel sampling has been completed.
  • Two of the soil samples from the eastern Argo claims have the highest gold response ratios from a 2012 MMI survey completed by Kritinor Metals Inc: 164 and 28 Au Response Ratio (samples 115626 and 115632).

 


Source: https://argogold.ca/projects/wawa-area-gold-projects/