Eagle Property
Overview
| Location | Yukon Territory, Canada |
| Minerals | Silver, Gold, Indium |
| Ownership | 100% |
| Status | Exploration |
Located in the Keno Hill mining camp north of Whitehorse, the Eagle Property continues to offer exciting potential. In 2009, through an option agreement with Avino, Mega Silver Inc. drilled six holes over 1900 meters. The program successfully identified strong silver, gold, enriched zinc and lead mineralization hosted in the Eagle vein fault (0.3g/t Au, 284.3 g/t Ag, 3.16%Pb, 7.11% Zn. over 1.3m).
The work also established that the rare earth metal indium, used in plasma screens, is present in significant concentrations of up to 285.4 g/t indium (In) over 1.8m. Despite the strong results, Mega Silver returned the property to Avino so it could focus on its Red Lake project in Ontario. Avino is excited about future exploration at the Eagle property, as more work is needed to fully expose the potential for both silver and indium.
Highlights from 2009 drilling include:
| Hole Number | Intercept | Analytical Results* | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Target | Drill Section | From (m) |
To (m) |
Width (m) | Au (ppb) |
Ag (g/t) |
Pb (ppm) |
Zn (ppm) |
In (g/t) |
||
| D09EE-01 | Eagle Vein | L40+00E | 328.6 | 332.7 | 4.1 | 16 | 15.1 | 554 | 1.16% | 11.3 | |
| 346.3 | 352.5 | 6.2 | 425 | 12.2 | 489 | 1.86% | 22.9 | ||||
| Incl. | 351.0 | 352.5 | 1.5 | 1263 | 15.7 | 138 | 797 | 0.1 | |||
| D09EE-02 | Eagle Vein | L40+00E | 272.9 | 296.6 | 23.7 | 60 | 47.1 | 3750 | 3.85% | 37.1 | |
| Incl. | 272.9 | 274.2 | 1.3 | 312 | 284.3 | 3.16% | 7.11% | 57.9 | |||
| Incl. | 283.7 | 284.8 | 1.1 | 222 | 110.8 | 1.90% | 12.01% | 89.4 | |||
| Incl. | 288.3 | 296.0 | 7.7 | 46 | 20.9 | 1008 | 4.89% | 65.8 | |||
| D09EE-03 | Eagle/McLeod | L33+50E | 267.7 | 268.4 | 0.7 | 8 | 29.4 | 3120 | 5262 | n/a | |
| D09EE-04 | McLeod Fault | n/a | - |
- |
- |
No significant results. | |||||
| D09EE-10 | Eagle Vein | L39+00E | 305.1 | 305.9 | 0.8 | 160 | 28.1 | 0.35% | 3.23% | n/a | |
| D09EE-11 | Eagle Vein | L42+00E | 232.7 | 241.1 | 8.4 | 181 | 10.3 | 668 | 1.09% | n/a | |
| Incl. | 232.7 | 234.1 | 1.4 | 934 | 18.6 | 482 | 2.53% | n/a | |||
| 244.5 | 265.5 | 19.0 | 58 | 29.1 | 2805 | 2.79% | n/a | ||||
| Incl. | 252.5 | 254.5 | 2.0 | 112 | 145.0 | 1.03% | 3.17% | 20.3 | |||
| And | 262.8 | 264.6 | 1.8 | 230 | 31.9 | 626 | 18.52% | 285.4 | |||
* Analytical results reported in ppb (Au) and ppm (Pb, Zn) and g/t (In) unless otherwise indicated.Down hole intersection lengths are reported, true widths are unknown
The property has produced very high assays for silver since exploration first occurred there in the 1950s. In 1950-51, the vein was exposed by bulldozer trenching. In 1963-64, Jersey Consolidated Mines Ltd. exposed over 120 metres of the vein. An 11.6 metre section, based on 9 chip samples at 1-to-2 metre intervals, reportedly averaged 442.3 g/t silver, 6.5% lead and 3.9% zinc across an average width of 0.46 metres (including a 1.2 metre section averaging 1,570.3 g/t silver across 0.55 metres; cited by: Archer, 1979).
Eagle Vein - Historic Reported Drilling (Ytg Minfile 105M 021)
| Year | Operator | Reported Structure |
Reported Intercept (m) |
Silver g/t |
Lead % |
Zinc % |
|---|---|---|---|---|---|---|
| 1964 | Jersey Yukon Mines Ltd. | Branch Vein | 2.1 | 1,885.7 | 12.8 | 4.2 |
| Main Vein (parallel intercepts) |
0.15 | 7,624.9 | 1.2 | |||
| 0.4 | 682.3 | 11.6 | ||||
| 1978/79 | Teck Corporation | Main Vein (DDH JB3) |
1.5 | 366.6 | 5.4 | 6.8 |
Part of the Historic Keno Hill Mining Camp
The Keno Hill mining camp is one of Canada's most productive for silver, lead and zinc. According to the Yukon government's Minfile database, between 1913 and 1989 the Keno Hill Silver District produced more than 217 million ounces of silver from over 5.3 million tons of ore with average grades of 40.52 ounces per ton (oz/ton) of silver, 5.62% lead and 3.14% zinc, making it the second-largest historical silver producer in Canada. In 1989, with falling metal prices and increased environmental standards, United Keno Hill Mines Limited terminated its mining activity in the District. Today, the District continues to boast significant mineral resources at grades far in excess of most of the world's primary silver producers.
Parallel to Structures of the Historic Hector-Calumet Mine
The Eagle Vein is located roughly 1.5 kilometres south of, and parallel to, the vein structures of the Hector-Calumet Mine, which generated almost half of all metal produced in the Keno Hill camp from 1935 to 1972. The Eagle vein varies from 0.6 to 4.9 metres in width with mineralized lenses of silver-rich galena, sphalerite and tetrahedrite in a siderite, pyrite and quartz gangue.