VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 01/30/13 -- International Samuel Exploration Corp. (TSX VENTURE: ISS) (the "Company") is pleased to announce results from its 2012 exploration program on the company's 100% owned, 32,164.59 hectare, Frog Property. The property is located approximately 170 kilometres east-southeast of Dease Lake, British Columbia.
The company undertook an extensive exploration program on the Frog Property consisting of a multi-phase and multi-disciplinary program including: regional reconnaissance, detailed prospecting of the eastern half of the claims block, talus slope sampling, detailed petrologic analysis of the outcrop and subcrop mineralization and fluid inclusion studies (results still pending).
The overall Frog Property geology, in the Stikine Mountain Range, is underlain by rocks of the Quesnel terrane that includes the mid-Triassic to lower-Jurassic Takla Group mafic volcanics and the mid-Triassic Lunar Creek ultramafic complex. The oldest lithologies in the region are Stikine terrane mixed metamorphosed greenstone and undivided sediments of the Asitka Group.
As a result of the collection of 544 widely spaced grab rock samples the company has identified three distinct areas of interest on the southern half of the Frog Property. The Forex and Whoa Prospects are 6 km by 4.6 km and 2.8 km by 1.5 km in size, respectively, see map below.
430 rock samples were collected on the Forex Prospect during the 2012 exploration program. The results of this work define a copper-silver-gold and overlapping molybdenum-rhenium with an aerial extent of 6 km by 4.6 km. The Forex Prospect is fault bounded on the east, west and south. Within the prospect, the main valleys are faulted with the south wall nearly vertical indicating uplift.
Based on preliminary observations there are two major rock types identified in the area. The first rock type, found along the ridge line of this prospect, is a biotite-hornfels-schist that is in contact with the granitoids beneath. The schist is strongly foliated with variable penetrative cleavages that show biotite and magnetite alteration and copper-iron sulphide mineralization, along with chalcopyrite and bornite that is inter-grown. The second rock type, the underlying granitoids are of variable compositions and display a complex history of multiple intrusions and range in composition from granites/granosyenites to syenodiorites with rare diorites, and are intensely jointed with fine penetrative cleavages.
The Forex Prospect, as well as the all the samples collected to date, display early overprinting by a magnetite. In general, the granitoid rocks of the Forex Prospect have been variably silica-clay flooded and shows variable magnetite-biotite-silica-iron and copper sulphides, which are found in miarolitic and other secondary cavities associated with mosaic clay flooding. The alteration and mineralization assemblages in the granitoids are also found in cleavages and joints. In the biotite hornfels schist this alteration and mineralization assemblage is found along foliation and cleavages/joints and can form discontinuous lenses.
Most Popular Stories
- Facebook, Twitter Announce Apps for Google Glass
- Will Yahoo Splurge on $1-Billion acquisition of Tumblr?
- European Car Sales up First Time in 20 Months
- 'Star Trek Into Darkness': The Return of Khan?
- Google Fiber Making an Impact
- Entrepreneurs Chase Social Media
- Financial Times Twitter, Email Hacked
- Exciting Night for UFC Fans
- Summer Movies Aimed at Young Men, Teen Boys
- Teen Drivers Should Be Prepared for Any Car-Related Situation