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Location    North Central Newfoundland, Canada

commodity    Gold

Land    275 hectare

Overview

The Dorset Gold Project is a 275-hectare land package containing multiple gold occurrences and mineralized zones , located in the Province of Newfoundland, Canada, south of the Pine Cove Gold Mine.   Dorset gold mineralization is hosted by three subparallel, NE-trending, quartz lode veins systems.  The Main Zone includes three historic occurrences, with up to 409 grams-per-tonne (“g/t”) gold (“Au”) in grab samples, with channel sampling results of 177 g/t Au over 0.35m, 22 g/t Au over 1.5m, 17.2 g/t Au over 1.5m, and 14.7 g/t Au over 1.5m.  Historic drilling includes DDH 87-1 which intersected 9.5 g/t Au over 1.3m (MacDougall, 1990). * The reported drill intercept is an intersected length and is not a true width.

Historic select sampling at the Braz Zone returned values of 314 g/t Au, 40 g/t Au, 31.4 g/t Au, 21.2 g/t Au, 19.2 g/t Au, and 14.8 g/t Au. Historic channel sampling across the vein, returned 9.5 g/t Au over 0.4m; 5.7 g/t Au over 0.5m and 1.2 g/t Au over 0.65m.  Weighted averages of historic rock sampling encompassing vein and mineralized wall rock returned values of  5.8 g/t Au over 1.9m; 3.1 g/t Au over 2.0m and 2.5 g/t Au over 1.5m (MacDougall, 1990).

Other zones include the Albatross, where historic rock sampling of mineralized zones returned values up to 9.6 g/t Au and locally up to 30.3 g/t Au.  Assay results from three 1987 diamond drill holes include 1.0 g/t over 7.3m, 1.81 g/t over 4.3m and 1.02 g/t over 2.2m; the Phoenix Zone where grabs of altered gabbro assayed up to 5.8 g/t Au, 5.5 g/t Au, and 3.3 g/t Au and diamond drill hole intersection of 1.07 g/t Au over 5.45m; and the Gunshot Zone, where veins contain visible gold and pyrite, returned grab samples collected from the veins have assayed up to 162 g/t Au and channel samples have assayed up to 18.0 g/t Au over 0.4m (MacDougall, 1989). * The reported drill intercept is an intersected length and is not a true width.

REGIONAL GEOLOGY

The property lies adjacent to, and just east of the Baie Verte Line, the regional suture zone marking the boundary between the Dunnage Zone to the east, and the Humber Zone. The rocks lying to the east of the Baie Verte Line are part of the Baie Verte Belt comprising: 1) Cambro-Ordovician ophiolitic sequences of the Advocate Complex and 2) Ordovician volcanic cover sequences of the Flat Water Pond Group.

LOCAL GEOLOGY

The Flat Water Pond Group mainly comprises mafic to felsic volcaniclastic and volcanic rocks. The Advocate Complex, to the west of the property, is a deformed and dismembered ophiolite. Ultramafic rocks are deformed and serpentinized with moderate to pervasive talc-carbonate schists and quartz-carbonate-fuchsite-pyrite (listwaenite) alteration. Variably carbonatized and/or silicified alteration zones occur with crosscutting quartz veins and quartz-carbonate stockworks: these zones have been the focus of exploration for both mesothermal quartz lode and auriferous disseminated pyrite mineralization. Most of the gold occurrences within the Baie Verte area are clustered along the faulted contact between gabbroic rocks of the Advocate Complex and mafic volcaniclastic rocks of the Flatwater Pond Group. The Dorset Prospect is hosted by a mixed assemblage of thin, interbedded basalt flows, flow breccias and pillow lavas intercalated with intermediate to mafic tuffaceous units and related volcaniclastic sedimentary rocks of the Flat Water Pond Group, intruded by numerous medium to fine grained gabbro sills and dykes. The prospect is located approximately 700 m east of the Baie Verte Road Fault.

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Leocor NFLD Dorset
Leocor Dorset Satellite