Belmont Resources Inc. is resuming its exploration program on its wholly owned Come By Chance (CBC) gold-copper project near Grand Forks in southern British Columbia after a delay due to extreme wildfire conditions.
The company said numerous pits, shafts, and adits, including the 251 meter-long Betts adit, are evidence of historic exploration on the property; however, there has been little systematic modern exploration work completed.
Previous exploration on the property has identified several styles of mineralization including copper-gold skarn mineralization, massive sulfide zones (pyrite, pyrrhotite), and epithermal alteration (silicification and veining).
Belmont noted that free gold is reported in samples from the western part of the claims. A mineralized quartz-feldspar porphyry dyke has also returned elevated values of copper mineralization, and could suggest porphyry mineralization potential.
In 2020, Belmont completed an airborne magnetic survey and a Lidar survey over the property. Numerous features of interest were defined by the surveys, which are assisting in geological mapping and interpretation in areas of cover.
The company said an extensive rock-sampling program is currently underway, which will target areas of identified skarn mineralization and epithermal alteration, as well as features of interest from the magnetic and Lidar surveys.
It added that the sampling program will be followed by an IP survey, which was originally scheduled for June 2021, but was suddenly canceled due to unusually high temperatures and forest fire danger rating in the project area.
The objective of the IP survey is to map the resistivity and chargeability distribution and provide specific diamond drill targets.
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