On March 7, 2011 Sea Green Capital completed the staking of additional land to expand the "Zeus" claims in the Yukon White Gold District. The original Zeus property of 56 claims (1,170.5 hectares) has been expanded by an additional 106 claims (~2215.58 hectares). The new "Zeus," land position (162 claims ~ 3305 hectares) is almost triple the size of the original land package and continues to demonstrate historically high soil anomalies and interesting geological features in the heart of the White Gold district.
The Zeus Property consists of 162 claims (~ 3305 hectares) and is located approximately 33 km northwest of Kaminak's discovery. Kaminak has obtained long intersections of high grade gold in strongly altered north-south faults ranging from a few metres to 50 metres wide across a 600 m corridor, with grades up to 17.1 gpt Au over 15.5 m, and 21.3 gpt Au over 8 m. The claims adjoin the north side of the APOLLO prospect, a 1970 porphyry copper-molybdenum-gold anomaly in rhyolitic volcanic that was restaked by Kaminak in June 2010.
The Zeus Property was staked by YCS Syndicate to cover the inferred source of the 90th percentile GSC gold silt anomaly (8 ppb Au) in a tributary of Angel Creek. Regional gold silt anomalies from the same survey led to Kaminak's discovery at Coffee Creek. Anomalies draining the Coffee Creek showing range from 5 to 17 ppb Au, similar to anomalies near the Zeus property.
Regional geophysical maps also show that the property is on the Freegold-Casino-Coffee Creek trend, a strong northwest-southwest magnetic low that extends through the Kaminak property.
Like the Klondike and the rest of the White Gold district, and in contrast to the rest of Canada, the ZEUS property is in the part of the Yukon that was not glaciated during the last ice age. As a result, gold placers, and soil and silt geochemistry are very effective in locating gold deposits.
The area has seen very little exploration since the late 1960s, when the discovery of the giant Casino copper-gold porphyry triggered a large staking rush. Gold assays were not usually done as part of these exploration programs. With gold almost $1300 an ounce, and new geological models, many of the old prospects are now being re-evaluated for their gold potential.
Geology
Bedrock consists of Devono-Mississippian quartzite and quartz-muscovite schist (host rocks for gold on the Kaminak property) in contact with Upper Cretaceous basalt, breccia, andesite, dacite and trachyte ("Carmacks volcanics")
A detailed magnetic derivative map from the Stevenson Ridge Survey flown by the Yukon Government and the GSC in 2009 shows a strikingly regular pattern of northwest-southeast, northeast-southwest,east-west, and north-south lineaments that are reflected in the local drainage pattern
These lineaments are important because structure is the dominant feature in the recent major gold discoveries in Yukon's White Gold district, where gold occurs in quartz veins, hydrothermal breccias, and broad shear zones with multiple parallel faults and shears that show up as linear magnetic lows on geophysical maps
The structural pattern underlying the ZUES claims is identical to the pattern of lineaments that underlie Kaminak's Coffee Creek claim block
Kaminak has reported that its high grade gold is largely controlled by north-south structures, while itsmaps show that the main mineralized zones lie along an east-west trend
The dominant features on the ZEUS 1VD magnetic interpretation map are: (1) a small circular magnetic high about 1 km in diameter in the north central part of the claim block, that probably represents a high level intrusive phase within the Carmacks volcanics; (2) a strong east-west magnetic low that passes through the circular magnetic high and appears to cut off several linear magnetic lows that trend northwest; (3) several regional magnetic lows that trend north-south, including one that extends south through the APOLLO anomaly
During staking, the crew noted a linear gossan striking roughly north-south for about 2 km along a ridge underlain by Devono-Mississippian metamorphic rocks (the Kaminak unit) on the west side of theproperty. The staking crew did not have time to follow up
The gossan and associated north-south lineament make this a prime target area for initial exploration. The circular anomaly within the volcanics is a secondary target that should be investigated forporphyry-style copper-molybdenum mineralization.
Based on the favorable geological, geochemical and geophysical indicators, we believe the ZEUS prospect has all of the essential ingredients to make a significant gold discovery.
