Retreating icefields in the Eskay Camp have allowed Seabridge Gold (SEA, TSX) to build the world’s largest reserves of Gold and Copper at its KSM Project where recent exploration success at Iron Cap, extending beneath a glacier, shows a deposit approaching near vertical continuity to depth of at least 1,800 m.
At Nickel Mountain, just in recent weeks, apparent Nickel-Copper-rich massive sulphides have started poking out above the ice between the Discovery and Northwest zones, while a significant new crack in the glacier in the same area has exposed more massive sulphides – all previously hidden from geologists, suggesting the 1.6-km-long, 1-km-wide E&L icefield could feature an “Iron Cap-type” scenario.
There are multiple examples elsewhere in the district where retreating glaciers have exposed impressive mineralization, creating exciting new exploration targets, not the least of which is Burgundy Ridge (north of the Snip mine and south of Galore Creek) where the icefield has pulled back hundreds of meters in recent years and approximately 1.6 km in total since the turn of the century.  Geologists are so intrigued by this virgin target, and the weather has been so cooperative, that Crystal Lake Mining (CLM, TSX-V) is on the verge of pulling off what traditionally was considered nearly impossible – an October drill program.
Increasingly, glacial retreat is emerging as a major new theme in Northwest British Columbia exploration. Â Investors who are paying attention to this can position themselves to reap potential huge rewards near-term and in the years ahead.
Below, the “cooked up” rocks and structures exposed at Burgundy Ridge are about to be drill-tested for the first time.
Burgundy Ridge, south of Galore Creek and north of the Snip mine in the broader Eskay Camp, where a retreating icefield has exposed extensive Copper mineralization plus Gold, Silver, Zinc, Cobalt and even Scandium.
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Jon
the 2nd pic in the middle of the pic looks like some wood at the edge of the rock, is that the drill pad?
Comment by GREGH — October 7, 2018 @ 2:28 pm
Correct, Gregh…about 1.3 km northeast of Discovery zone (taxitic gabbro in outcrop)…drill is turning there now …photo taken from Metallis ground on a plateau immediately to southeast…
Comment by Jon - BMR — October 7, 2018 @ 2:48 pm
What is an âIron Cap-typeâ scenario?
Comment by Labrador — October 7, 2018 @ 4:31 pm
Jon,
What can we expect from CCW in the shortened trading week ahead? Will the sp continue to head a bit higher before our long-awaited overdue news?
Looking forward to your thoughts.
Happy Thanksgiving,
Frank
Comment by Frank — October 7, 2018 @ 4:34 pm
The model in the Eskay Camp for a deposit extending under an icefield, Labrador, is Seabridgeâs Iron Cap…vertical depth continuity to 1,800 meters…
Comment by Jon - BMR — October 7, 2018 @ 6:13 pm
Love the beard! Canât wsit to hear what he has to say??
Comment by Gregh — October 7, 2018 @ 7:08 pm
Me too Gregh. Jon, did Makela comment on the new discovery area and that block of massive rock?
Comment by Dan1 — October 7, 2018 @ 7:47 pm
Yes, Dan1…”remarkable” was one word he used to describe it…hard to imagine this is not 8% Nickel from surface…
Comment by Jon - BMR — October 7, 2018 @ 9:07 pm
Thanks Jon, itâs hard not to imagine massive sulphides either connected as it goes to depth or massives at least nearby.
Comment by Dan1 — October 8, 2018 @ 5:25 am
A proven fact at Nickel Mountain, Dan1, from developments the last couple of months, is that wherever massive sulphides are found at surface, they are also found at depth…which bodes really well for this new area that was previously covered by ice…keep in mind, also, that the entire icefield is part of the overall intrusive complex…
Comment by Jon - BMR — October 8, 2018 @ 8:41 am
Yes, thatâs what makes this so exciting. If you superimpose the intrusive complex thatâs on the GGI website, it covers the entire ice field area. For them to move that drill 1.3km East northeast they must see something very interesting, not only visible at surface but maybe geophysics is guiding them to this area, or maybe downhole borehole em under the ice
Comment by Dan1 — October 8, 2018 @ 8:47 am
The hole to the far east (1.3 km from Discovery zone), Dan1, is based on surface showings (taxitic gabbro in particular) and a coincident geophysical signature as the last NR stated…borehole EM will come as this hole is completed which could provide some exciting new data for beneath the ice and this part of the property…getting into sulphides and mineralized gabbro on the first shot in this area would be a huge development as scale would really come into play…
Comment by Jon - BMR — October 8, 2018 @ 9:31 am
hi Jon, Does lightfoot suggest what discovery in a mountain, in production, Nickel mountain findings to date are similar to?
thank you
Comment by donald — October 8, 2018 @ 10:38 am
I had a look at CCW’s three year chart and noticed that it has made three significant moves and each one went up 300-400% and then a gradual fall back. If 45 cent was the bottom of the recent fall back and it repeats it’s normal pattern we could indeed see $1.50 in the next move. The catalyst will be the cobalt grades because everything else is in place
Comment by Patrick — October 8, 2018 @ 12:10 pm
more GGI ‘news’ and interpretation
https://ceo.ca/@Allan/winds-of-change-in-juniors-and-at-allan-barry-reports
Comment by Jeremy — October 8, 2018 @ 1:49 pm
That’s what I’m hoping for Patrick.
Comment by flyinthruu — October 8, 2018 @ 2:11 pm
Jon, is there an estimate as to how thick the ice cap is at the centre or deepest part of the bowl? It dosenât appear to be that thick however it can also be deceiving. The fact that rocks are appearing closer to the centre of the cap tells me itâs not that thick.
Comment by Dan1 — October 8, 2018 @ 2:56 pm
I’ve walked out on part of the glacier and have some fascinating pictures to show, Dan1…on Wednesday, my goal is to walk across the entire width of the icefield (without falling into a crevasse, of course)…I’m estimating at this point, as little as 5-10 m in some places and as thick as 30-50 m in other places…
Comment by Jon - BMR — October 8, 2018 @ 3:05 pm
Careful up there Jon. Wouldnât want you to fall in a crevasse as it can be very dangerous. Do you know if they ever considered drilling from the glacier? If so, they would have to be very careful and pick a spot that was sound with no crevasse nearby.
Comment by Dan1 — October 8, 2018 @ 3:11 pm
JOn – what do you think of the dialog that Allan Barry had to offer up on the newest intercepts?? they sound similar to yours but wanted to ask:)
Comment by Jeremy — October 8, 2018 @ 3:13 pm
Hi Jon are these Ggi sulfides outcrops like branches on the trees it’s a few tree trunks feeding the branches ? I find it hard to visualize what’s going on from the ggi schematic. Can you help?
Comment by donald — October 8, 2018 @ 3:14 pm
We’ll post some pictures that will help further explain what’s happening, donald. Keep in mind, the Nickel Mountain gabbroic complex virtually surrounds the entire icefield, so the idea that the Golden Triangle’s first magmatic Nickel-Copper-rich sulphide system extends well beneath the icefield (or even begins under the ice!) is very real (becoming increasingly likely, actually). This key new outcrop area was uncovered thanks to a large crack that opened up on the margins of the glacier plus additional melting, and the GGI map shows massive sulphides outcropping over an area of tens of meters followed by a massive sulphide boulder train extending for nearly half a kilometre west to east along the morraine. The massive sulphide outcrops disappear under the ice in both directions. To answer your question, big trunks IMHO are under the ice to the north…multiple chambers very possible at Nickel Mountain…
Comment by Jon - BMR — October 8, 2018 @ 5:06 pm
What is going on with the CCW SP?
Comment by Frank — October 9, 2018 @ 9:44 am
Big turn on CCW now, very bullish…back to back hammer reversals on increasing volume…
Comment by Jon - BMR — October 9, 2018 @ 10:40 am
CCW, looking pretty strong now. News on the way? Update?
Comment by Ed — October 9, 2018 @ 11:41 am