Gold Pit Extension - 2G Exploration
Although a small area, the Gold Pit is known for extremely high-grade gold and is the only known mineralization that occurs on the west side of the Thor Anticline. The geological study has shown that there is a tight anticline between Gold Pit and the main Thor deposit (Great Northern Zone), and in 2016 drilling found structural repeats of the main Thor deposit in this area. This highlights two important aspects:
- Moving from east to west away from the TVC, gold forms an increasingly important economic component of the Thor deposit, and base metals (Pb, Zn) become less important.
- Gold-bearing zones are quartz dominated, and typically thinner than the main sulphide zone at Thor. This is consistent with the concept of a VMS having gold found in the distant, siliceous parts of the deposit.
- The gold zones are prone to more intense folding than the base-metal rich zones proximal to the TVC.
There is a summary of this important area that you can access by clicking here: Overview of the Gold Pit