The Lawyers Property is situated 45 km northwest of the Kemess Copper-Gold Mine that has begun underground development and construction. Lawyers is located in the Toodoggone region of the Omineca Mining Division of British Columbia, and consists of 37 contiguous mineral claims. The claims cover 9,860 hectares (99km2) of land that encompass the Lawyers group of prospects, including the former Lawyers underground gold-silver mine and the Silver Pond group of prospects and includes over 16 gold-silver mineral occurrences. Exploration in the area began in the late 1960s and peaked in the 1980s, identifying numerous showings, prospects and deposits culminating in the development of the Lawyers gold-silver mine that operated from 1989-1992 and produced 171,200 oz gold and 3.6 million oz silver over the 4 year period. Five underground developments remain in-place, in addition to historical resources and new targets. Selected high-grade new and historical results include:
- 3.95m at 11 g/t Au, 819 g/t Ag (DDH18PXDD002)
- 36.50m at 2.68 g/t Au, 82.6 g/t Ag (DDHCC15-06);
- 2.42 g/t Au, 100.3 g/t Ag over 26m (DDH CC15-12); and
- 2.4m at 87g/t gold & 2,407g/t silver (DDHCC15-15 - P2 vein);
New results are providing bulk-tonnage, near-surface intercepts that envelope higher-grade intervals of gold and silver. high-grade samples at surface. The Cliff Creek, Dukes Ridge and Phoenix zones form part of the +3 kilometre Lawyers Trend. The entire anomalous trend is coincident and correlates with drilling, surface soil and rock sample results, potassic alteration and radiometric geophysics.
The initial results of drilling at the Cliff Creek, Dukes Ridge and Phoenix mineralized zones, combined with follow-up drilling has the potential to lead to a significant increase in the existing mineral resources at the Lawyers Project.
Many of the historical and new drilling shows gold-silver mineralization beginning at surface that has generated new rock grab samples including:
- Phoenix Zone 220g/t gold >10,000g/t silver;
- Phoenix Zone 160g/t gold 1,440g/t silver;
- Marmot Zone 31.80g/t gold 1,590g/t silver;
- Dukes Ridge Zone 23.10g/t gold 5,370g/t silver;
- AGB Zone 22.20g/t gold 80.90g/t silver;
- AGB Zone 17.70g/t gold 61.60g/t silver; and
- AGB Zone 16.15g/t gold 107g/t silver.
New discovery targets have been identified for future drill testing, in addition to targets for resource expansion drilling. The Lawyers project is exhibiting geological similarities to world-class low sulphidation epithermal gold-silver mines located in the Patagonia region of Argentina. Lawyers, Cerro Negro and the Cerro Vanguardia gold-silver mines are all epithermal precious metal deposits hostedin Jurassic felsic volcanics. There are all low sulphidation hydrothermal systems with qQuartz-adularia-kaolinite and propylytic alteration. In Patagonia, mining in many of the deposits began as narrow high-grade veins and migrated to bulk-tonnage open pit operations.
*Goldcorp’s Cerro Negro produces approximately 450,000 Au oz per annum and the *Anglogold Ashanti’s Cerro Vanguardia produces approximately 280,000 Au oz per annum.
Michael Dufresne, M.Sc., P.Geol., P.Geo., an independent director of the Company, also serves as a Technical Advisor and is the Qualified Person, as defined by National Instrument 43-101, responsible for reviewing and approving the technical content of all materials publicly disclosed by Benchmark, including the contents of this website.
* Inferred mineral resources are not mineral reserves. Mineral resources, which are not mineral reserves, do not have demonstrated economic viability. There has been insufficient exploration to allow for the classification of the inferred resources tabulated above as an indicated or measured mineral resource, however, it is reasonably expected that the majority of the inferred mineral resources could be upgraded to indicated mineral resources with continued exploration. There is no guarantee that any part of the mineral resources discussed herein will be converted into a mineral reserve in the future.
** The following prices of metals and conversions are used to calculate AuEq; $US1,200/oz for Au and $US14.50/oz for Ag; AuEQ = [(Au g/t * 1200 * 0.95 / 31.1035 g/oz) + ( Ag g/t * 14.50 * 0.82 /31.1035 g/oz)]/ (1200 * 0.95 / 31.1035).