About Bullion Project
The Bullion property is located along the regional Barlow fault. Historical data on the Bullion project reveals gold results ranging from trace quantities up to 2 g/t Au over 2 meters (associated with disseminated sulphides) in 1984 drilling . This mineralization, along with the new Eureka gold showing on the Richardson project, enhances the gold potential along the new regional trend
The project has been acquired in 2017 by “Project Generation” based on several points of geological interests.
Bullion Project Overview
|LOCATION||25 km NNE of Chibougamau|
2% NSR privately held (1% buybackable)
|LAND POSITION||26 mining claims covering 1,435 ha|
With the adjoining Bullion and Richardson projects, Tarku holds 16km of 100%-owned land position on an underexplored, prospective gold-bearing regional structure that has seen only 8 drill holes completed in the 1980’s. This faulted contact on the northern edge of the most northerly sedimentary basin of the Abitibi shows similarities to the Detour Lake Mine geological context.
Exploration work was completed in September 2017 on the Richardson and Bullion projects in the Chibougamau area. Two stripping programs were carried out to follow up on prospecting work and PhySpy ground geophysical surveys conducted in 2016 and summer 2017. The aim of the stripping work on the Richardson Project was to sample the pyritic contact between a gabbro and the felsic volcanosedimentary units hosting the gold showing discovered by Eureka Exploration in 2017 (1.7 g/t Au in a grab sample). The aim of the stripping work on the Bullion Project was to expose the gold mineralization encountered in a historical drill hole (2 g/t Au over 2 m; drill hole T-1, 1984; MB87-10). Although this work generated significant geological information that will be useful in upcoming work on the Richardson and Bullion projects, the analytical results did not return any economic values.
Tarku is looking for partners to advance the project to the next stage.