Exploration

The Golden Triangle is one of the world’s richest mineral regions. It is also home to some of the region’s richest biodiversity including habitat for moose, caribou, grizzlies and three species of salmon.

This region hosts some of BC’s most successful historical and present-day mines and mineral projects. The attractiveness of the area is due to a combination of favourable geology and limited mineral exploration to date with an estimated $15 billion of reserves in the ground. 50% of the mineral wealth in BC is in Tahltan Territory who have unceded claim to 150,000km2. The Tahltan have mined in the territory for more than 12,000 years for tools, spears and arrowheads, while maintaining the balance within the local ecosystems. Today, the Tahltan are rebuilding their Nation and influencing how big mineral development is done in their territory to ensure respect for their lands and waters. Through multiple generations who lived on the land and with the natural world, there remains a long history, expertise and knowledge of the area, together with modern mapping, data and resources developed in order to understand and properly work with the land.

Our focus is on gold and copper assets in the Golden Triangle within the Tahltan Territory in NW British Columbia. SRR has 6 properties totalling 17,000 hectares and owns 100% interest in its claims within well-known ore bodies and historically sound properties. The properties sweep in an arc from near the Golden Bear Mine to Dease Lake and down into the heart of the Golden Triangle. Target deposit types include VMS (Forest Kerr Creek), Orogenic Gold (Dease Creek & Dome Mountain), Cu Porphyry (Ketchum Lake), Au-Cu Vein (North Iskut) and Carlin type (Samotua). We are focusing on three areas for our initial exploration program:

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Forest Kerr

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Samotua

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Dease Creek

Forest Kerr – In the heart of the Golden Triangle

Property Summary – Forest Kerr (Au, Ag, Cu, Zn)

Property: 3 multi-cell claims totalling 4324 hectares.

Location: 17 km NW of Eskay Creek Mine, just NW of KSM and Brucejack, NE of Snip and Johnny Mountain, just SE of Galore Creek, in heart of Golden Triangle

Owned: Spirit Rock Resources holds a 100% interest in the claims on the property.

Good to Date: All claims are in good standing until 2024.

Target: VMS.

Rock Types: Au bearing quartz veins.

Historic Production and Assay Results: Overlies barely explored Hazelton Group rocks, the same strata as Eskay Creek. Government study just to NE concluded there was VMS potential. Further to the north and south are showings and prospects that suggest VMS activity. Also has presence of gold bearing quartz associated with the Forest Kerr Fault.  Fieldwork in 2024 and together with a review of historical data have identified a belt of felsic volcanics along the lower east slopes of Pillow Basalt Ridge that may be Eskay equivalent rocks. This belt is associated with anomalous Zn +/- Au, Ag, Cu, Pb, As, Hg, Se in stream sediments. If this reinterpretation of the geology can be verified, then the property could host a 7+ km belt of barely explored felsic volcanics that are highly prospective for an Eskay Creek style VMS target.

Samotua – Trending along successful historic sites

Property Summary – Samotua (Au-Cu)

Property: 3 multi-cell claim totaling 3013 hectares.

Location: 64 km northwest of Telegraph Creek, and just NE of historic Golden Bear Mine.

Owned: Spirit Rock Resources holds a 100% interest in the claims on the property.

Good to Date: All claims are in good standing until 2024.

Target: Carlin Type Gold.

Rock Types: Deformed Permian, limestone and Carboniferous metavolcanic rocks which are intruded by feldspar porphyry dikes.

Historic Assay Results: Features mineralization similar to nearby Golden Bear Mine (major past producer). Several rock samples from a silicified limestone unit in contact with an altered tuff unit have assayed over 1 g/t gold. The silicified limestone outcrops over at least 1.5 kilometers in an approximately 200 m wide zone trending in a NE direction. Resampling by Spirit Rock Resources of an anomalous GSC sample at the north end of the Samotua Property verified that the stream sediments there are highly anomalous for Sb +/- Au. This may indicate more mineralization of the types seen at the Slam and Vermillion Ridge Showings.

Dease Creek – Significant Gold Showings

Property Summary – Dease Creek (Au)

Property: 4 multi-cell claims totaling 2225 hectares.

Location: 22 km Northwest of the town of Dease Lake and accessible by road with good infrastructure.

Owned: Spirit Rock Resources holds a 100% interest in the claims on the property.

Good to Date: All claims are in good standing until 2024.

Target: Orogenic gold.

Rock Types: Permian to Triassic metasediments and volcanics of the Cache Creek Complex. Ultramafics bodies occur throughout the area.

Historic Assay Results: Recorded production from Dease Creek up to 1945 was 126 000 oz Au. Active placer operation at mouth of Dease Creek in summer 2022. A highly anomalous stream sediment sample collected was over the 99.8th percentile for gold regionally. The upper catchment is underlain by a mag high that may indicate ultramafic rocks. Sampling by SRR has confirmed and extended this anomaly as well as locating serpentinite and listwanite float in the area. Regional mag indicates a crustal level fault upstream and up ice of the stream sediment anomalies. Occurrence of placer gold in an area of metasediments and ultramafics, along with a favourable structural regime suggests an orogenic gold target. The Dease Creek Property is within the same structural environment within the Cache Creek Terrane as the Atlin camp to the northwest.