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Project Overview
- Location and Size: The Alotta property comprises 230 mineral claims, covering a total of 4,723 hectares, situated in the Dawson Range gold belt in Yukon, Canada.
- Strategic Positioning: The property is located approximately 40 kilometers southeast of Western Copper and Gold’s (TSX: WRN) Casino deposit, one of the largest undeveloped gold-copper deposits in the world, highlighting its proximity to a globally significant mineral resource.
- Geological Advantage: Unlike many regions, Alotta has experienced no glaciation, meaning there has been no dispersion or expansion of in-soil geochemical anomalies. This preservation enhances the accuracy and potential of exploration efforts targeting gold and copper mineralization.
- Scale and Potential: Positioned as a world-class opportunity, Alotta targets one of the least-explored yet highly prospective Gold-Copper areas in the Dawson Range gold belt, offering untapped potential for significant mineral discovery and development.
The Alotta Project stands out as a premier exploration opportunity due to its placement within the same intrusive complex as the Casino deposit, a well-known mineralized system. This geological alignment, combined with the absence of glacial activity, provides a unique setting for identifying and evaluating high-potential targets, making it a cornerstone of Forge Resources’ portfolio.
Regional Structural Framework
- Geological Context: The Tinina and Deena faults, shown on regional maps, are critical structural features that influence the potential mineralization at Alotta. These faults create pathways for mineral-rich fluids, enhancing the prospectivity of the area.
- Structural Support: The structural framework, including major fault movement, supports the potential for porphyry-style deposits, similar to those observed in neighboring regions, such as the Casino deposit.
- Exploration Strategy: Magnetometric (MT) data, ranging from 30 to 60 Hz, and hydrothermally altered rocks are utilized to identify and target mineralized areas, providing a robust foundation for exploration planning.
The regional structural framework of the Alotta Project is a key factor in its exploration potential. The presence of major faults and altered rock formations indicates a favorable environment for porphyry-style gold-copper mineralization, aligning with the geological characteristics of the broader Dawson Range gold belt.
Soil Geochemistry
- Anomaly Identification: Au-in-soil and Cu-in-soil geochemical anomalies are identified, with gold and copper concentrations elevated in areas of magnetic depletion, indicative of intrusive systems.
- Reliable Indicators: These anomalies, occurring in relation to large hydrothermal systems, provide reliable targets for further exploration, as they suggest the presence of mineralized zones beneath the surface.
- Exploration Results: The majority of results from in-soil testing confirm the persistence of these anomalies, supporting ongoing efforts to define drill targets.
Soil geochemistry plays a critical role in the Alotta Project’s exploration strategy. The identified gold and copper anomalies, particularly in areas associated with magnetic depletion, are strong indicators of underlying hydrothermal systems, which are often linked to significant mineral deposits.
2023 Exploration Highlights
Diamond Drilling Program: In November 2023, a diamond drilling program tested a total of 844 meters across two drill holes, ALT-23-001 and ALT-23-002, revealing significant gold and copper intersections.
- ALT-23-001 Results: Intercepted 279 meters at 0.46 g/t Au and 151 ppm Cu.
- ALT-23-002 Results: Intercepted 192 meters at 0.94 g/t Au and 350 ppm Cu.
Discovery Confirmation: These results establish the continuity and potential of the mineralized zones, aligning with historical data and supporting the project’s prospective nature.
Induced Polarization - Changeability
- Geophysical Survey: A 12 km-long chargeability anomaly, associated with low resistivity, was identified through induced polarization surveys, indicating potential mineralized zones.
- Target Definition: This anomaly coincides with soil geochemistry and other geophysical data, providing a clear target for additional drilling in 2024 and beyond.
- Exploration Advancement: High-priority areas defined by this survey will be tested further in future programs, enhancing the understanding of the deposit’s extent and grade.
The induced polarization survey conducted at Alotta has revealed a significant chargeability anomaly, a key indicator of potential gold-copper mineralization.
Project development
- Forge Resources has enlisted Archer, Cathro & Associates to lead the exploration and development efforts at the Alotta Project, ensuring a high level of expertise and precision.
- Looking ahead, Forge Resources plans to mobilize a targeted drilling program in May/June 2025, focusing on un-drilled, high-priority areas within the Alotta Project. This initiative will build on previous successes, further exploring the mineral potential of the Alimony and Commission Target areas, and reinforcing the project’s position as a world-class opportunity
Geophysical Survey – Induced Polarization
Conducted approximately 34-line kilometres of survey over the copper- gold in soil anomalies with date compiled. Program defined large chargeability anomaly coincident with soil geochemistry and other geophysical surveys.
Completed camp construction in preparation for the diamond drilling program, establishing infrastructure to support field operations.
Diamond Drilling Program
Executed a diamond drilling program, testing 844 meters across two drill holes, ALT-23-001 and ALT-23-002, to evaluate mineral potential.
Diamond Drilling Program
Conducted an additional diamond drilling program, testing 1,815 meters across four drill holes, ALT-24-001, ALT-24-002, ALT-24-003, and ALT-24-004, further delineating the mineralized zones.
Drill Program Mobilization: A proposed drilling program will involve 3–5 drill holes, with shorter holes ranging from 250–300 meters each, targeting high-priority un-drilled areas.
Target Areas: The program will focus on the 1.0 x 4.0 km prospective target area, including the Alimony Target and Commission Target areas, where drill pads are already established.
Objective: Additional drilling will test coincident geophysical and geochemical anomalies consistent with mineralization observed in drill hole ALT-23-001, aiming to expand the understanding of the deposit’s scale and grade.
Latest Alotta Announcements
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