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Fairchild Lake, On, Canada

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Location

  • The Property is located approximately 250 km northwest of the City of Thunder Bay, in Northwestern Ontario.

History

  • Fairchild Gold Corp. has the right to acquire a 100% interest in the property, which encompasses 108 mining claims cells subject to the terms of the Option Agreement.

  • Exploration conducted on behalf of Fairchild included airborne geophysics, prospecting, mapping, and soil sampling.

  • A short reconnaissance program was carried out in the fall of 2019, supported by fixed-wing aircraft.

  • In 2020, an airborne geophysical survey of the entire claim group was flown by Prospectair Geosurveys in April.

  • Clark Exploration Consulting conducted a program of prospecting, mapping, and soil sampling from June 8th to June 27th and July 27th to August 3rd, 2020.

 

 

 

 

 

 

 

 

Geology

  • The Property lies in the western arm of the Savant Lake greenstone belt.

  • The western end of the Property is terminated by the Miniss River Fault System.

  • The eastern end expands into the Savant Lake greenstone belt proper. The Savant Lake greenstone belt marks the limit of the northerly development of the Wabigoon Subprovince.

  • The Property is divided by the east-west trending Kashaweogama Lake Fault, this divides the property geology in the centre of the lake.

  • The north shore is dominated by mafic to ultramafic flows intercalated with magnetite-rich chemical sediments, part of the Jutten Volcanic Sequence.

  • The southern shoreline marks the northern limit of the Handy Lake Volcanic Sequence.

  • Historical and recent exploration work indicated elevated or anomalous gold values in grab, soil, and lake bottom sediment samples near the Kashaweogama fault system.

  • The Kashaweogama fault system represents a major crustal break within this greenstone belt, similar to the LP fault discovered by Great Bear Resources in the Red Lake District.

Property Geology

RMI Geophysics

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