Birch Lake Gold Property, Red Lake, Ontario:
- 20,000 metres of diamond drilling has been completed on the property, consisting of 110 drill holes.
- Birch Lake project is adjacent to First Mining Gold Corp.’s Springpole Gold Deposit (4.67 million ounces gold).
- Birch Lake is a gold-bearing system delineated over a strike length of approximately 300 metresto a vertical extent of 150 metres.
- Birch Lake Property size: 25 square kilometres.
Record Gold is earning a 70% working interest in the Birch Lake Gold Property, located in the Red Lake Mining District, Ontario, Canada. The joint venture with Pelangio Exploration Inc. requires Record Gold to spend $2 million over a four-year period on the exploration and development of the Birch Lake Gold Property.
Amikougami Gold Property, Kirkland Lake, Ontario:
Amikougami block consists of 7 full and 6 partial patented claims (144 hectares) and the Otto block, which consists of 3 full new claims (48.56 hectares). Combined total for both properties is 192.56 hectares.
- The Amikougami property lies 6 kilometres north of the Kirkland Lake 04-Main Break.
- Deformation zone appears sub-parallel to Kirkland 04-Main Break and associated complex array of secondary splay faults and fracture systems.
- The majority of gold deposits in the Kirkland Lake Gold Camp occur adjacent to the Kirkland 04-Main Break.
- Detailed structural analysis of properties adjacent to Amikougami indicate characteristic structural elements found in the Kirkland 04-Main Break with a southward verging more steeply dipping splay fault of the crustal Kirkland Larder Lake Deformation Zone.
- This may have controlled the evolution of brittle-ductile deformation process and the localization of hydrothermal gold-bearing fluid flow during the evolution of the fault zone creating a possible hosting for economic gold deposits.
- Extended westward, this zone would cross into the Amikougami property, becoming the focus of future exploration activity.
Otto Gold Property, Kirkland Lake, Ontario:
- Gold was discovered In 1906 on the north shore of Otto Lake and sparked the original gold rush into the Kirkland Lake Gold camp.
- Record Gold’s Otto property is located approximately 2.4 kilometres southwest from the discovery location on Otto Lake and 0.6 kilometres from the west margin of Vigrass Lake.
- Three mines were subsequently developed in the vicinity of the original discovery, located 3.5 kilometres southwest from Kirkland Lake Gold’s Macassa Mine.
- The original discoveries occurred south of the major crustal deformation zone called the Cadillac-Larder Lake Break, which occurs less than 1 kilometres north of the Otto property.
- A lesser defined regional fault called the South Break, also associated with carbonate — and with highly deformed, altered, ultramafic pods — occurs less than 0.4 kilometres north from the property.
- Geological mapping and related geophysical studies in the adjacent properties have located shear zone-bearing quartz veins and breccia that occasionally carry gold values.
- These structures generally trend in an east-west direction and could possibly extend onto the Otto property.
This southern border called the Kirkland Larder Lake Deformation Zone is a complex major crustal structure associate with complex arrays of splay faults and fracture systems.
Several major fracture systems are present to the north, the largest of which appearing along the northern margin of the tectonic corridor is called the Kirkland 04 Main break.
This structure and its related splays and shears host the majority of gold mines. Fold axis and linear structures, including the ore shoots, generally plunge -60 WSW.
The gold deposits in the Kirkland Camp often occur as lenticular, fracture-filled quartz veins (5 to 10 centimetres hick) and occasionally up to 4 metres thick and lengths 10 metres or as veinlet stockwork 1 to 5 centimetres thick within highly chloritic, sericitic and siliceous envelops along major breaks most often associate with subordinate splays.
The mineralized intervals may occur in single sheets 10 metres thick or in brecciated stockwork and thinner stacked sheets.
Often the gold deposits may occur peripheral to multiple syenite bodies, themselves associated with a major fault system having reverse throws and trending North East and dipping steeply to the South East.