PGP is developing mineral Projects in British Columbia, Canada
Atlin West Project
The Atlin West Property is located on the north shore of Graham Inlet on Tagish Lake, approximately 14 km northwest of the village of Atlin, BC and 133 km southeast of the city of Whitehorse, YT. The Property is made up of two contiguous claims, 1083241 and 1083242, and totals 3,125.15 ha in size.
The property is accessible via a 14 km helicopter flight from the village of Atlin. Atlin is road accessible by traveling southeast on Highway 1 from the city of Whitehorse, YT and then south on Atlin Road, a total distance of approximately 176 km. The Property is also accessible from the Alaska Highway and rail head to Skagway Alaska by deep interconnecting lakes.
Exploration work on the property is limited to a few small programs that took place over an approximate one hundred year span. The earliest documented work took place between 1904 and 1907 and included sinking several small adits at what are now known as the Dundee and Petty showings. In 1967, rock samples collected from the historic workings returned up to 2.58 oz/t Ag, 13.9% Cu, 26% Pb and trace Au and Zn. An additional grab sample from a shallow pit nearby returned 0.86 oz/t Ag, 1.03% Cu and 2.3% Zn.
In 2021, Cloudbreak Discovery PLC carried out a two day mapping and sampling program on the property, which was successful in confirming the historic grades. Results of up to 344 ppm Ag, 2.8% Cu, 4.7% Pb and 2% Zn were recovered near the site of the old workings.
Atlin West Regional Geology
RIZZ PROJECT
The Rizz project is located south of Atlin in Northwestern British Columbia.
GEOLOGICAL SETTING: The Rizz property is underlain by Devonian-Mississippian aged metasedimentary and metavolcanic rocks of the Whitewater Metamorphic Complex. These units are in faulted contact with Permian aged metasedimentary rocks ascribed to the Boundary Ranges Metamorphic Suite of the Stikinia Terrane by a series of imbricated north-northeast tending faults in the vicinity of the Tulsequah Glacier. Paleozoic strata have been subsequently intruded by Jurassic aged stocks belonging to the Aishihik Plutonic suite, Paleocene to Eocene aged intrusive rocks of the Sloko-Hyder Plutonic Suite, and subaerial, submarine, and hypabyssal volcanic rocks of the Sloko Group.
MINERALIZATION: The Rizz showing is reported to contain gold, silver, lead, and zinc mineralization in the form of disseminated and stockwork sphalerite, galena, and pyrite. Mineralization was initially observed in boulder trains extending from the toe of the Tulsequah Glacier by American Bullion Minerals Ltd. during their 1990-1991 exploration campaign. Angular felsic blocks forming the boulder train are reported to contain disseminated and stringer-stockwork quartz-pyrite-sphalerite mineralization. Massive galena and sphalerite layers were also reportedly discovered in a talus sample of laminated white marble.
Rock samples collected by American Bullion Minerals Ltd in 1990 and 1991 on the Rizz property assayed between 0.001oz/t and 0.806oz/t Au (sample 11550), <0.01oz/t and 16.36oz/t Ag (sample 11367), 0.01% and 0.21% Cu (sample 11547), 0.01% and 8.25% Pb (sample 11367), and 0.01% and 15.90% Zn (sample 11550)
ICEFALL PROJECT
The Icefall Project is located is located between Atlin and Telegraph Creek in Northwestern BC. It is in newly exposed prospective ground resulting from receding glaciers, 20km NW along trend of New Polaris/Tulsequah Chief.
AREA GEOLOGY: Western edge of the Intermontane Belt in NW BC, adjacent to the Whitehorse Trough. Primarily underlain by volcanic and sedimentary rocks of the Stikine terrane. Units are comprised of mafic to intermediate Late Triassic submarine volcanic rocks (Stuhini Gp.) uncomfortably overlain by thick sequences of Early to Middle Jurassic clastic sedimentary rocks including calcareous sandstone, conglomerate, and shale (Labarge Gp.). Intruded by Late Cretaceous to Eocene bimodal plutonic rocks.
ICEFALL GEOLOGY: Stuhini and Labarge Gp. volcanic and sedimentary rocks (green) overlain by Sloko Gp. volcanic and volcaniclastic rocks (yellow) with granitic intrusions (pink). Occurs between Llewellyn fault west and King Salmon fault to east, which is a regionally prospective area. North-trending secondary structures continue onto claim block. Multispectral analysis indicate area is highly anomalous for iron oxide, siliceous, illite/sericite, and kaolinite/alunite alteration. The Icefall property exhibits:
Prospective base and precious metals targets within historic mining districts.
Favourable geology and structure along trend of established deposits and historic mines.
Underexplored high-grade mineral showings.
New exposures of previously glaciated ground.
Strong potential for new discoveries of deposits.
STRUCTURE & MINERALIZATION: Boundaries of the Whitehorse Trough are defined by the Nahlin Fault to the east and King Salmon and Lewellyn Faults to the west. Numerous base and precious metals deposits spatially associated with first and second order structures of these fault systems. Target deposit types include Cu-Au-Ag porphyry, polymetallic epithermal systems, VMS, intrusion-related and sedimentary-hosted Au-Ag.
