 | | |
| ||
| | |
| |||||||||
|   | |  
Overview The Trikay Project is situated in the prolific pre-Cambrian Mineral Belt of northwest Queensland, Australia, approximately 40 kilometers by road from the famous mining center of Mt. Isa. The pre-Cambrian Mineral Belt is host to a number of well-known zinc, base metal, copper, gold and uranium deposits. To date, two copper-gold deposits and one large main deposit with gold-rich patches have been identified on the Trikay property. Mosquito Consolidated first visited Trikay in 2000, but was unable to secure an interest in the project until it became available in late 2004. By January 2005, the company established a working relationship with an Australian business partner and began the permitting process to acquire 100% interest in the Trikay Project. Also in 2005, Mosquito Consolidated entered into an option agreement in which Kobex Resources Limited could earn 100% interest in the Trikay Property as well as 100% interest in the CUMO Property. By the end of the year, Mosquito Consolidated had regained 100% interest in the Trikay Project. In mid-2006, Mosquito created an Australian subsidiary and received the 5 year exploration permit for the project
Previous Work Between 1990 and 2003, the former geologist owner of the Trikay Project completed geological mapping, geochemical and geophysical surveying, the collection of 158 outcrop and trench composite samples, and location of over 6,700 copper oxide showings on the property. The 158 composite outcrop samples were not less than 40 kilograms apiece and had an average reported grade of 2.65% copper and 0.5 grams of gold per ton. 67 of the samples, concentrated in an area 49 hectares, showed values greater than 1.0% copper and averaging 5.91% copper and 1.85 grams of gold per ton. To date, it has been determined that at least two supergene enriched copper-gold oxide deposits exist on the Trikay Property. These are formed as a result of leaching and re-concentration of the main deposit in the zone of groundwater fluctuation. One of the deposits indicates a small tonnage grading 5.8% copper and 0.78 grams of gold per ton, consisting of a narrow high-grade vein of massive chalcochite-bornite-chalcopyrite. The other larger deposit has indicated, at minimum a 200,000 square meter area grading greater than 4% copper, also containing gold-rich patches assaying up to 6 grams of gold per ton. The exposed mineralization and alteration of the large main deposit indicates the presence of a significant iron oxide copper gold deposit typical of those found in the surrounding area.
Current Work Mosquito Consolidated is in the process of replacing the company's recently retired Australian working partner. Management intends to undertake Stage I exploration as soon as possible thereafter.
Development Forecast Mosquito Consolidated is proposing to spend CAN $650,000 on a Stage 1 exploration program, with a primary focus on further evaluation of mineralized zones, and potential tonnage and grade estimates. The preliminary work schedule includes mapping, surface sampling, continuous trenching (4 trenches 800 meters long), IP geophysics over 10 line kilometers and diamond drilling of 10,000 feet in 15 holes. The nature of further exploration and development will depend upon the results of initial exploration.
Geological Info
Location Maps
Scenic Photos
Area Geology Maps
Recent events in the immediate vicinity include: Rockland's Deposit announced a resource of 59 million tonnes grading 2.04% Cu. Equivalent, with cobalt and gold credits.
King's minerals announced the following drill intercepts as follows: Roseby Project has announced a resource of 127 million tonnes gradin 0.73% copper and 0.06 grams Au/tonne These properties are all in similar geology and structure to the Trikay project
Property Geology
To date, two oxide deposits and one large main deposit have been identified. The oxide deposits have formed as a result of leaching and re-concentration of the main deposit in the zone of groundwater fluctuation, which occurs in top 30 to 50 m of the copper-gold deposits. The first, Copperweed, indicates a small tonnage grading 5.87 % copper and 0.78 g/mt gold. The zone consist of a narrow (1 to 2m) high grade, vein of massive chalcocite-bornite-chalcopyrite A metallurgical study on 20 kg ore composite sample, by the Metallurgy Department of the Selwyn Mine, has indicated excellent acid leaching characteristics. The second, the Rebound Copper Deposit, is developed along and adjacent to a 20 to 60 m thick band of magnetite-rich bedded iron formation. Surface sampling has identified at least a 200,000 square meter area grading greater than 4% copper. The deposit also contains gold-rich patches assaying up to 6 g/t gold. Further work is required in order to ascertain potential tons and average grade of the deposit. The Main Trikay Copper-Gold deposit is defined by 6,648 clusters of copper bearing outcrops and float and linearly arranged sets of negative SP (Spontaneous Potentials) and magnetic anomalies. The mineralization extends over 6 km length, and is pear-shaped in plan view, with a maximum width of over 500 m gradually reducing to at least 100 m at the opposite extreme. The copper mineralogy observed at the surface consists of malachite, cuprite, chalcocite, with residual chalcopyrite in the oxidized core, and minor bornite, chrysocolla, native copper, and accessory gold. The mineralization occurs as disseminations and vein fillings with an overwhelming fracture control. Extensive zones of oxide copper are visible on the surface.
Rock Photos
| |  | | |
 | ©2006 Mosquito Consolidated Gold Mines Limited All Rights Reserved | Disclaimer | |
