Spot On

With only 9 man-days of work, the B-All Syndicate has discovered the Bull’s Eye zone that still contains much to reveal. Found at the foot of a retreating glacier, there are multiple mineralized gossans with grades up to 4.6 ppm Au. The property covers an area of 607.19 hectares and is located 65 kilometers southwest of the Bob Quinn Lake Airport along Highway 37, and 20 kilometers from Bronson Airstrip. Located in the prosperous Golden Triangle, the Spot On property is surrounded by proven properties, with multiple world class deposits occurring within 75 kilometers including Galore Creek (12,159 million pounds of copper, 9.438 million ounces of gold, 174.086 million ounces of silver), Skeena’s Snip Deposit (823 thousand ounces of gold), Eskay Creek (3.3 million ounces of gold, 88.0 million ounces of silver), KSM (88.7 million ounces of gold, 19,626 million pounds of copper, 417.2 million ounces of silver, 744 million pounds of moly) and the currently producing Newmont’s Brucejack Mine.

The Spot On property is located near the B.C. – Alaska border in northwestern B.C. It is located 20 kilometers to the south of the Bronson Airstrip, 65 kilometres from the Bob Quinn Lake Airport where there is lodging available. Bob Quinn Lake Airport is located along Highway 37, the Stewart-Cassiar Highway. A maintained resource road comes to within 25 kilometres of the property. 

The Spot On property lies within the highly prospective Golden Triangle area of northwestern British Columbia, with multiple historic precious and base metal mines within 30km of the property including Jonny Mountain (Au), Maxwell Smart (Cu, Co), Nickle Mountain (Ni, Cu), and Discovery (Au). The closest minfile to the property is the STILL occurrence (104B 349), founded in 1988, with gold assays up to 0.858 oz/t coming from a 30cm quartz-pyrrhotite vein with an undetermined strike length. The occurrence lies less than 1km north from the Spot On property where follow up programs in the 1990s did not locate the source of mineralization.  

Major land holders within 30km of the property include Seabridge Gold (KSM, ISKUT, SNIP), Skeena Resources (Eskay Creek), and Garibaldi Resources Corp (Nickle Mountain).  

The area to the East, South, and West of the Spot On property remains very underexplored and shows great potential for discovery. 

The 2024 B-All Syndicate exploration of the Gold Storm and Spot on Property consisted of 9 man-days and 72 samples that resulted in the discovery of a new highly prolific zone:

The newly discovered Bull’s Eye zone is over 500 m wide, with multiple samples returning over 0.5 g/t gold. This previously unexplored area is located at the toe of a retreating glacier and features multiple mineralized gossans up to 200 m wide. A silt sample at the base of the drainage assayed 4.6 g/t gold. Multiple grab samples were taken from the zone running up to 1.49 g/t AuEq. Over the course of the short program, 4 gossanous zones with disseminated pyrite, pyrrhotite, chalcopyrite, sphalerite, galena, and arsenopyrite mineralization were discovered with strike lengths up to 200m.

The mineralization in the Bull’s Eye zone consists of vein hosted pyrite, chalcopyrite and pyrrhotite, which are all common throughout the zone. The host rocks show common quartz-sericite-pyrite alteration assemblages, with less common biotite. The sulphide mineralization in the zone consisted primarily of quartz vein hosted disseminations with occasional occurrences of massive pyrite. Quartz veins were measured from 0.15-1.5m in width with variable strike lengths that were often lost under overburden or ice. Sulphide stringers were also noted, often associated with strong silica/QSP alteration. Host rocks were commonly logged as metasediments and metavolcanics belonging to the Stikine assemblage which commonly hosts many mineral occurrences in the Golden Triangle. 

D751536 - 0.705 g/t Au and 0.70 g/t Ag. Oxidized 60 cm quartz vein hosting pyrrhotite with pyrite in the host rock. Chlorite and biotite alteration also present along the vein margins. 

D751604 - 0.144 g/t Au and 4.23 g/t Ag. 3 cm wide pyrite layers with quartz veining containing pyrite and pyrrhotite hosted in strongly deformed volcanic sediments. 

D751635 - 1.475 g/t Au, 7.24 g/t Ag. Quartz-sericite-pyrite altered gossanous meta sediments hosting abundant pyrite and a fine grey sulphide.

Results from the 2024 field season are promising for future exploration on the property. Future work on the property should include continued prospecting of the Zone and surrounding areas with emphasis on following veinlet and stringer mineralization along strike, mapping of QSP alteration following models of Seabridge Gold's KSM and ISKUT properties, and silt sampling of drainage around the glacier to the South-east portion of the property. A magnetic geophysical survey is recommended to determine extents of QSP alteration where high grade zones of mineralization will likely have a magnetic-low signature. Focus should be on areas of thick ice and overburden cover.