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Recent work on the Golden Revenue property has concentrated on gold ±copper mineralization associated with quartz-feldspar porphyry dykes on the Nucleus Zone. A preliminary resource of 370,000 ounces of gold was recently calculated (D. Eaton, personal communication, 2005) with intersections of 1.35 g/t Au over 110.8m from DN04-8 and 1.13 g/t Au over 115.1m from DN01-3. The gold mineralization appears to be associated with a large calc-alkaline gold-copper porphyry system that recent drilling suggests may lie at a reasonable depth. The causative mineralizing porphyry intrusion appears to be multiphase (quartz feldspar porphyry, alaskite and microgranite) and multi-episodic, with various stages of brecciation and mineralization, favourable features for the development of a significant gold-copper porphyry deposit.
An alaskite body has also been documented below the quartz feldspar porphyry breccia body at the Antoniuk gold porphyry deposit at Mt. Freegold, 15 km to the southeast. Other similarities exist with the Mt. Freegold Camp with quartz feldspar porphyry dykes locally developing into gold bearing breccia zones and, more distally, veins.
The Golden Revenue property also includes the Discovery Zone (Revenue) with values of 18.6 g/t Au over 2.2m from veins associated with a breccia pipe that appears to extend on to the adjoining Happy property of Midnight Mines. Drill results from Revenue include 0.28% Cu, 1.03 g/t Au over 38.3m and 15.2m of 0.66% Cu, 1.0 g/t Au from DDH DR91-1.
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