New Carolinís Coquihalla Gold Camp

Richard (Rick) Mills
Ahead of the Herd

Page 1 of 5

 

As a general rule, the most successful man in life is the man who has the best information

 

Some 1,200 junior resource exploration and development companies are located in Vancouver, British Columbia.

 

 

Not many of those 1200 companies can claim to have; 28 kilometers of the Coquihalla Serpentine Belt, a gold camp, 715,000 ozs of inferred gold in three deposits and:

  • A stable, just inspected permitted tailings impound with room to grow 
  • Mine site just a 6 km drive down an all weather gravel road to the Coquihalla Highway  
  • Power lines only six km away
  • Extensive mine workings
  • Water and mining permit already in place
  • Politically mining friendly jurisdiction
  • Positive response from local community

New Carolin Gold Corp. TSX.V – LAD can claim all that and a whole lot more.

 

Location, location, location, LAD’s permitted mine project sits just 160 km east of Vancouver British Columbia, Canada, just 30 minutes from the town of Hope. Workers can complete their shifts and sleep in their own beds in their own homes. Supplies can be easily sourced and transported to the mine site.

 

As great as the above all sounds it gets better, much better... there’s enormous bluesky discovery potential in New Carolin’s Coquihalla Gold Camp.

 

Coquihalla Gold Belt

 

The Coquihalla serpentine belt is an elongate, north - northwest trending, steeply dipping ultramafic unit. The belt lies within a major crustal fracture, the Hozameen fault and exceeds 50 kilometers in discontinuous strike length. Exploration in B.C. 1989, Ministry of Energy and Mines

 

The Coquihalla Serpentine Belt hosts the Coquihalla Gold Belt.

 

New Carolin’s Ladner Gold Property (Coquihalla Gold Camp) follows the north/northwest-trending Hozameen Fault structure for approximately 28 km and exceeds 144 square kilometers covering substantially all of the accessible, yet still very underexplored, Coquihalla Gold Belt.

 

Fault structures are a very important component of regional and New Carolin’s Coquihalla Gold Camp geology.

 

Hozameen Fault

 

The Hozameen fault system can be traced from Washington State in the south to British Columbia’s Bralorne Gold Camp in the north.

 

New Carolin’s Coquihalla Gold Camp hosts 5 historic gold producers (Carolin, Emancipation, Aurum, Pipestem and Ward) as well as 24 other known gold occurrences - some of these gold showings were extremely high grade  running up to 120-130 oz/tonne. Most of these past producing mines and gold showings lie within 600 meters of the East Hozameen fault and most (over 90%) of the camp’s gold production is reported to have been within 150 meters of the fault.

 

This is extremely strong evidence suggesting the East Hozameen Fault acts as a conduit for gold rich mineralizing fluids (particularly in brittle zones where fractures easily develop) in the Coquihalla Gold Camp.

 

Gold-quartz Vein Systems

 

Host lithology suggests there are two main types of gold-quartz vein systems:

 

Ophiolite hosted - represented by gold camps such as Bralorne-Pioneer and Atlin in B.C., along with Grass Valley and Allegheny in the U.S.

 

Mixed mafic igneous-sedimentary hosted - includes major fault systems associated with serpentine and sedimentary rocks in well known gold camps such as the Mother Lode area in California and the Juneau Gold Belt in Alaska.

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To contact us please email rick@aheadoftheherd.com

Ahead of the Herd
www.aheadoftheherd.com