Overview

Northwest believes that the Blue Spec Shear gold project boasts excellent brown field and green field exploration potential. The Blue Spec Shear, outside the Blue Spec and Golden Spec mining areas, has received almost no modern exploration. This absence of modern exploration, together with the presence of deposits at both the western and eastern ends of the Blue Spec Shear, and the discovery of the Red Ribbon Shear just to the north of the Blue Spec Shear, highlights the potential of both of the shears to host further high grade gold deposits.

Northwest undertook the first reconnaissance drilling programme completed over the length of the Blue Spec Shear in December 2006. As a result of the programme, Northwest has identified four large-scale alteration systems along the extent of the Blue Spec Shear that are comparable in size to the alteration system containing the high-grade Blue Spec deposit.  

 

Significantly, drilling over seven of the new targets was successful in identifying mineralised “halos” with five of these being located in the newly identified large-scale alteration systems.

These near surface “halos” comprise wide, low-grade gold (+/- antimony) mineralisation displaying distinct alteration responses. Orientation work completed by Northwest has established these “halos” as a primary indicator for the presence of near-by, high-grade ore shoot positions.

Importantly, these same “halos” were located in first-pass drilling prior to the second-pass drilling discoveries of both the Green Spec deposit and the Blue Spec East target.

The presence of these “halos” at seven of the targets tested by Northwest confirms the robustness of Northwest’s predictive targeting model for the Blue Spec Shear and holds out great promise for its application to the remainder of the Blue Spec and Red Ribbon Shears.

This results of this programme support the company’s belief that the Blue Spec Shear has the potential to host multiple high-grade gold deposits.

 

Page last updated: 09.08.2007