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| | Murray Project Overview: The Murray Gold Property is wholly owned by Triple Dragon and encompasses approximately 2,480 acres, located 6 kilometers north-northwest from the formerly producing Camlaren Gold Mine, within the south-central part of the Northwest Territories. The property is about 80 kilometers northeast of Yellowknife and within a few kilometers of the winter road to the Diavik and Ekati diamond mines. Gold was first discovered at the property in the 1930s. To date at least seven areas with significant gold mineralization have been identified. The showings discovered are predominately turbidite-hosted quartz vein deposits. Geologically similar deposits within the Bendigo District of Australia have together produced more than 12 million ounces of gold. The grades of these types of deposits are high and typically vary from 5 g/t to more than 30 g/t gold. In the summer of 2008, Triple Dragon conducted geological mapping and sampling at the Murray Property. In total, 198 rock samples were collected from the property and analyzed. The most promising result was from a quartz vein sample that assayed 5.48 oz/t gold over 0.25 meters.  Location and Access: The Murray Property consists of one mineral claim encompassing approximately 2,480 acres directly southeast of Murray Lake, within the south-central part of the Northwest Territories. The property is about 80 kilometers northeast of Yellowknife, N.W.T., and is accessible during summer months by fixed wing aircraft and in the winter by ski-equipped aircraft or snowmobile. Geology: The area of the Murray Property is underlain entirely by metaturbidites of the Archean Burwash Formation within the Duncan Lake Group of the Yellowknife Supergroup, which have undergone multiple deformation events. Gold mineralization appears associated with infusions of quartz, which may take several forms such as "saddle reefs," "leg reefs," stockworks or boxworks, and replacement bodies in the highly contorted and fractured, but only slightly metamorphosed, sediments. Wall rock surrounding the veins may also be highly silicified and gold-bearing. The Camlaren Mine, approximately 6 kilometers east-southeast of the property, has a similar geologic setting and has produced more than 35,000 ounces of gold. Within a very similar geologic setting, the Meguma District in Nova Scotia has a recorded production of over 1.5 million ounces of gold since the 1860's, primarily from concordant and discordant gold-bearing veins, and saddle reef deposits. History: Exploration in the vicinity of the Murray Property has been sporadic since gold was first discovered in the area in 1937. Intense exploration occurred in the late 1930's and early '40's, when over a hundred pits and trenches were excavated and a shallow shaft sunk. A period of quiescence followed with little exploration conducted. Over the course of the next 70 years, the area was re-staked and re-examined several times; a number of trenches were lengthened, a few holes drilled, and several samples collected and analyzed. Exploration in the early 1970's and 1980's resulted in the identification of at least seven areas with significant gold mineralization. These include the Number 1 Zone with 1.70 oz/ton gold reported across a 1.2 m sample section, and the Number 7 Zone with almost 3.6 ounces of gold/ton reported over a sample length of about 9 m. An effort was made in 2008 to locate the historic trench zones. Six trench areas, A through E, were outlined and chip sampled. A total of 198 samples were collected and analyzed in 2008. The most promising result is from a quartz vein sample in Area A that assayed 187.71 g/t Au over 0.25 m. Photos:
click on the thumbnails to enlarge
Maps:  Property Location (click to enlarge) Technical Report:  Technical Report on the Murray PropertyJocelyn Klarenbach, P.Geol, is the qualified person as defined by National Instrument 43-101 who has verified the written disclosure of all scientific and technical information on this webpage. |
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