Rubicon Minerals completed extensive prospecting, channel sampling and mapping during 2002 thru to 2007 and defined the New World Trend , a 5 km strike length thru the Gold Nugget property.
The Cape Ray Fault
- An identified 5 km (mainly mineralized ) long strike length of the Cheneyville Trend
- Rubicon identified highly silicified quartz veined and gold-mineralized conglomerates irregularly exposed over a strike length of 250 m.
- The length weighted average of all 135 channel samples taken over a strike length of 250 m is 1.1 g/t with an average sample length of 0.8 m.
- The most easterly 35 m of outcrop returned an average of 2.6 g/t gold in 44 channel samples (ave. length 0.83m)
- One sample within this zone returned 87.0 g/t gold over 0.8 m.
Historical Drilling Big Oz mineralized Trend
- In November 2007, Paragon Minerals Corp. drilled 2 holes on the Cheneyville Peninsula (total of 291 m)
- While the largest gold value returned was only 1.8 g/t gold over 0.55 m it does appear the Biz Oz trend continues eastward for at least 1 km
- The company recommended a more detailed, systematic drill program eastward and westward to test the continuity of the high grade gold showing at Big Oz
|Hole||From (m)||To (m)||Core Length (m)||Au (g/t)||Grade Au (g/t) x Width (m)|
- Channel sampling and extensions of historical higher grade sampling
- Extension of grab samples on trend
- Soil Sampling and analysis
- Target Evaluation and further Prospecting
- Report writing and data compilation