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Kaminak’s Gold Corporation owns 100% of the 2060 hectare porphyry gold-copper-molybdenum Voigtberg Property.
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Located 130km northwest of the town of Stewart, British Columbia, 20 kilometres west of the Stewart-Cassier Highway, and 4 kilometres from the proposed access road to the high-profile Galore Creek Cu-Au-Ag Project in northwest British Columbia.
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The geological setting at Voigtberg is suggestive of “porphyry” style deposits which are typically low grade, bulk tonnage systems.
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Voigtberg Property optioned to BCGold Corp. (BCG: TSXV)
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Under the terms of the agreement ( see Kaminak Press Release July 11th, 2006), BCGold can acquire up to a 60% interest in the Voigtberg Property by making $2,000,000 in exploration expenditures over four years and by issuing 400,000 units of BCGold to Kaminak. BCGold can earn an additional 10% interest in the Property by completing a bankable feasibility study, for a total earn-in of 70%.
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Kaminak’s partner, BCGold Corp., spent over $350,000 in 2006 exploring the Voigtberg property.
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Drill hole VGT06-05 was drilled to test the core of a 700m by 400m gold in soil geochemical anomaly referred to as the “Gold Zone.” Anomalous gold mineralization occurs through the entire length of the hole including a near surface intercept of 51.15m grading 1.03 g/t Au.
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Drill hole VGT06-07 was located 160m south of the Gold Zone and was designed to detect any base metal zones or haloes along the margin of the Gold Zone. The most interesting intersections cut 22.52m grading 1.02% Zn containing a higher grade interval of 6.13m grading 2.18% Zn.
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In 2006, outcropping molybdenum was discovered on the property for the first time. Surface bedrock molybdenum mineralization was identified in an area of approximately 80m by 80m.
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Eight grab samples were collected from the molybdenum area
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Yielding an average of 0.211% Mo (0.353% MoS2)
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Six of these samples assayed >0.10% Mo (0.167% MoS2)
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Highest assay graded 0.404% Mo (0.647% MoS2)
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Jan 18, 2008:
Kaminak Provides Joint Venture Updates on its British Columbia Gold Projects |
Aug 20, 2007:
Kaminak and BCGold Commence Drill Program at Voigtberg Property, Northwestern British Columbia |
Jun 4, 2007:
Kaminak and BCGold Corp Commission an Airborne Geophysical Survey over the Voigtberg Au-Mo-Cu Property, British Columbia |
Jan 29, 2007:
Kaminak and BCGold Stake Additional Claims at the Voigtberg Project, British Columbia |
Jan 15, 2007:
Kaminak Provides Update on Joint Venture Properties and Outlines 2007 Exploration Strategy |
Oct 25, 2006:
Drilling Intersects 51.15m Grading 1.03 g/t Gold at the "Gold Zone", Voigtberg Property, British Columbia
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Sep 14, 2006:
Kaminak and BCGold Discover Surface Molybdenum Occurrences on the Voigtberg Property
Eight grab samples average 0.211% Mo (0.353% MoS2) |
Aug 22, 2006:
Kaminak Commences Drilling on the Voigtberg Au-Cu-Mo Property, British
Columbia: Option with BCGold Corp. |
Jul 11, 2006:
Kaminak Signs Agreement to Option Voigtberg Project to BCGold Corp. |
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