Cross River expands Manitou Gold Project, NW Ontario
Cross River Ventures Corp. has entered into a mineral property option agreement in which it has been granted the option to acquire the Lower Manitou Gold Project from its existing owners. The Project consists of a series of mineral claims located in the Province of Ontario. The acquisition increases the Manitou property land package to a total of 6,570 hectares.
The claims comprising the Lower Manitou acquisition host 4 historic gold occurrences including numerous shafts and workings dating back to the late 1800s. Parts of the property have been explored sporadically since, including minor drilling by St Joes Canada Inc (1983), and prospecting, sampling, and stripping (Ivar J. Riives, 2003; Rubicon Minerals Corp, 2005; Manitou Gold, 2011).
The most notable mineralization has been found around the Reliance Prospect; a 2-km long NNE striking zone of well-defined sulfide bearing, quartz flooded shearing over a 20 ft width. The shear is exposed in at least 7 historic shafts, with recently reported rock samples containing up to 9.7 grams-per-tonne ("g/t") gold ("Au") in sheared mafic volcanics (Manitou Gold, 2011), and nearby parallel structures containing up to 6 g/t Au (Riives, 2003). Limited drill testing in 1983 intersected 3.36 g/t Au over 1m, however the shear zone has not been tested at depth. The Reliance Prospect and nearby mineralized shears notably strike parallel to the >5 km long Queen Alexandria - Bird Island trend (containing rock samples to 78.1 g/t Au; MDI152F07NW00008), as discussed in Cross River's news release dated Feb. 25, 2021.
The addition of the Lower Manitou claims will allow Cross River to systematically explore these prospective shear zones over an 8km long strike-length to identify targets with the highest chance of significant endowment. Field crews are scheduled to begin prospecting and ground-truthing on the property in mid May, with an initial focus on assessing these mineralized structures and prospecting along these trends to extend mineralization potential.
Tags: Northern Ontario / Exploration / Gold / All Articles