Maud lake - B.J. Price Geological Inc.

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Maud lake

Mining Properties
Quesnel Area, Cariboo Mining Division

The discovery of the QR gold skarn deposit in 1975 generated continuing exploration and
prospecting over many years in the along strike potential of the Nicola Group host rocks north of
the Quesnel River. The P&F Prospecting Syndicate (“P&F”) has staked some 2,000-ha
encompassing key host rock units, namely carbonatized basaltic host rocks lying at the regional
contact between basaltic rocks of the Nicola Group and overlying shoshonitic felsic units of Upper
Triassic/Lower Jurassic age (herein the “QR” horizon). Two attractive gold-skarn prospects (along
with the historic Daphne Mo prospect at Nyland Lake) have been identified at Maud Lake eight
km north of the QR mine and at Chiaz Creek six km along trend to the northwest.
The property holdings are situated near Maud and Nyland Lakes 40 km. southeast of Quesnel. It
comprises four contiguous claims, Maud 1-4, covering 2,232 ha in the Cariboo Mining Division
and is fully accessible by well maintained forest service roads. The claims are in good standing
until January 12, 2022.

Comprehensive geochemical sampling, geological mapping along the summit ridges west of
Maud Lake, magnetometer and induced polarization surveys and diamond drilling (16 holes,
2,966 m) have been completed at Maud, our key target, since its discovery by Dome Exploration
in 1974. This work has identified some 1600m of garnet-bearing skarn along the QR horizon a
few hundred meters west of the Maud Lake (alkalic) stock(s). The key zone is marked by
anomalous gold, copper and arsenic contents in glacial till overburden, similar to QR, and the
development of mineralized garnet-bearing exoskarn/retrograde skarn assemblage(s) over a
stratigraphic section of some 30m. Drilling programs to test chargeability anomalies west of the
Maud stock returned several encouraging intercepts, 11m of 348 ppb gold in hole 5 and 14m of
260 ppb gold in hole 14. This drilling campaign although focused primarily on a chargeability
target west of the Maud Stock, tested some 300m of the overall 1600m-skarn horizon.
Till sampling, mapping and airborne magnetometer/EM programs at Chiaz Creek southeast of
Nyland Lake and six km northwest of the Maud prospect in 1984-1987 identified two coincident
arsenic/gold soil anomalies collectively 1000 x 150m associated with a regional magnetic high
together with extensive syenite/monzonite float along the projected QR horizon north and
south of Chiaz Creek. BCGS work, confirmed by the 1984 airborne survey, indicates highly
magnetic Nicola Group formations occupy the western half of the claim holdings, underlying the
till anomalies, and Lower Jurassic rocks lie to the east, the two formations being separated by the
regional Maud fault that continues southerly at least as far as the Mt Polley mine and possibly
P&F conclude that both the Maud and Chiaz prospects are attractive early-stage, neare-surface
gold skarn targets in productive stratigraphy similar to the nearby QR gold mine and the Pond
zone at Mt Polley and that both prospects are worthy of follow up exploration. Much of the
Maud skarn horizon and As/Cu/Au till anomalies remain untested and the Chiaz Creek
geochemical anomalies lying along the (projected) QR horizon are an intriguing and possibly
productive target going forward.
Contact Details
3800 No. 7 Road
Richmond BC V6V 1R4
Tel: 604-862-0519

820 East 14th Street, North Vancouver BC,
V7L 2P6, Tel: 604-987-8950
Cel: 778-231 9192
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