BCGold Corp. Discovery Driven

Transcription

1 BCGold Corp. Discovery Driven Sickle-Sofia Property Copper-Gold Porphyry Discovery in the Toodoggone Camp!

2 Cautionary Statement This presentation does not constitute an offer to sell or solicitation of an offer to buy securities of BCGold Corp. FORWARD LOOKING STATEMENTS This presentation contains "forward-looking statements". These forward-looking statements are made as of the date of this presentation and BCGold Corp. does not intend, and does not assume any obligation, to update these forward-looking statements. Forward-looking statements include, but are not limited to, statements with respect to the timing and amount of estimated future exploration, success of exploration activities, expenditures, permitting, and requirements for additional capital and access to data. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include, among others, risks related to actual results of current exploration activities; changes in project parameters as plans continue to be refined; the ability to enter into joint ventures or to acquire or dispose of property interests; future prices of mineral resources; accidents, labor disputes and other risks of the mining industry; ability to obtain financing; and delays in obtaining governmental approvals or financing. 2

3 BCGold Corp. Properties 3 3

4 Sickle-Sofia Property Toodoggone Camp Jointly owned by BCGold Corp (51%) & Stealth Minerals (49%). 9,077 hectare property 35 km from AuRico s Kemess Mine which produced 3 million ozs gold and 750 million pounds copper $3.0 M in exploration to date. ($1.5M BCG) Sofia copper-gold porphyry discovery with Alexandra highsulphidation gold zone 4

5 History 1960s Regional mapping and sampling by Cominco and Kennco focused on porphyry potential at Black Lake, Shasta, Pine, Kemess North, Brenda, and Sickle-Sofia. 1980s 3 epithermal gold-silver mines developed in the Toodoggone region (Baker, Lawyers, Shasta) Peralto Resources and Skylark Resources conducted geological and geochemical programs at nearby Kevin, Pil-Lar and Chess epithermal gold prospects Stealth Minerals staked initial Sickle-Sofia claims based on anomalous 1997 BCGS silt samples. Prospecting identified veins and silicified zones anomalous in gold and silver Stealth Minerals completed prospecting, mapping, airborne geophysics, soil geochemistry and diamond drilling on Sickle-Sofia and surrounding Toodoggone properties. 10,000 rock, core and soil samples 880 PIMA alteration analysis 3,323m (24 holes) diamond drilling testing Quartz Lake and Griz-Sickle veins Stealth completed 42 line-km of IP and ground magnetic geophysics covering western portion of Sickle-Sofia property. 5

6 History (2) September 2006 Sickle-Sofia property optioned to BCGold Corp BCGold Corp. focused on the porphyry potential of the Sofia and Alexandra showings Completed additional 36 line-km of IP and ground magnetic geophysics. 3D inversion of IP chargeability and resistivity defined a 5.5 sq-km anomaly. Completed 1,514m of diamond drilling (4 holes Sophia / 1 hole Alexandra). Drill hole BCG07-01 collared near Sophia outcrop intersected porphyry-style mineralization throughout length of drill hole. Two copper-gold zones returned 25m of 0.15% Cu / 0.12 g/t Au; and 47m of 0.13% Cu / 0.08 g/t Au. Drill hole BCG07-03 intersected high-sulphidation alteration and anomalous gold mineralization. Entire hole returned average 260m of 0.16 g/t Au, including bottom 20m assayed 0.45 g/t Au. Other 3 drill holes testing the IP chargeability-high intersected widespread pyrite mineralization with narrow zones anomalous in gold +/- copper. May represent the pyritic halo of the porphyry system. 6

7 Property Location Sickle-Sofia property is 35km north of the Kemess Mine in northern British Columbia, Canada Kemess Mine is located 410 km north of Mackenzie, BC along the all-weather Omineca Resource Road Summer road servicing Shasta Mine and Sturdee Airstrip is 10 km from Sickle-Sofia 7

8 Regional Geology Toodoggone region consists of Stikine / Quesnel Terranes which are primarily island-arc volcanic belts of late Triassic to early Jurassic age Stikine/Quesnel rocks are fault bounded to the east by older, metamorphosed sedimentary rocks of Cassiar Terrane Region is intruded by coeval (early-mid Jurassic) and post-accretionary (early Cretaceous) plutons 8

9 Regional Geology (Intrusive Rocks) Mid-Jurassic Black Lake Intrusive suite includes: Black Lake Pluton (granodiorite to quartz monzonite) Jock Creek Pluton (quartz monzonite, diorite) Giegerich and Duncan Lake Plutons (hornblendebiotite granodiorite, monzonite, quartz monzonite, quartz diorite) Sovereign Pluton (quartz-hornblende-biotite granodiorite to tonalite) Porphyry copper-gold mineralization associated with quartz monzonite dykes and dyke swarms 9

10 Sickle-Sofia Property Geology West dipping Triassic Takla Fm. exposed at the Sophia outcrop, consists of andesite flows with augite phenocrysts Jurassic Toodoggone Fm. in the west consists of intercalated andesite flows and crystal/lithic tuff Overlain by mafic and rhyolite flows indicating bimodal volcanism topped with 2 to 4 metre erosional unconformity Epithermal mineralization occurs below unconformity, implying extrusive ( VMS ) mineralization potential 10

11 Property Geology (Intrusive Rocks) Mapping identified a large, west dipping quartz monzonite stock of the Black Lake group Stock intrudes the upper Takla Group, and is coeval with the overlying Toodoggone Fm. volcanic rocks The Black Lake stock was mapped over an 18 km strike length around the margins of Nub Mountain Massif Sofia copper-gold porphyry mineralization is associated with magnetite bearing phase of the Black Lake Pluton, or a nested stock related to the Jock Creek Pluton 11

12 Sickle-Sofia Porphyry, Epithermal & VMS Exploration Targets W Alunite Ridge Showing Ave. 557 ppb Au Soil Alunite, Illite, Barite, Silica LS-HS Alt n Cross Section N E 1800 m Au-Ag Epithermal Targets 1400 m Sofia Cu,Au Porphyry Showing Jock Creek Diorite Jock Creek Monzonite Kspr, Ser, Mag, Cpy Cu-Au Porphyry Target 1000 m W Unconformity VMS Target Sickle Veins Alexandra Showing ppb Au Soil ppm Cu Soil Alunite, Illite, Silica HS Alt n Cross Section N E 1800 m 1400 m Jock Creek Monzonite 32g/t Au, 5% Cu veins Cu-Au Porphyry Target Jock Creek Monzonite 1000 m 0 2 km Vert. Ex. =

13 Sickle-Sofia IP & Geology Compilation Section Au-Ag Epithermal Targets Cu-Au Porphyry Target 13

14 Epithermal Vein Targets Low-sulphidation epithermal veins at higher elevations Drill tested veins at Quartz Lake, North Ridge, Alunite Ridge, Breccia, Griz, and Sickle showings Completed 3,323 metres in 24 drill holes 11 drill holes tested Quartz Lake A vein over a strike length of 280 metres and to a depth of 100 metres. Returned overall average grade of 36.0 g/t Ag and 3.2 g/t Au over 2.8 metres Best intersection from Griz vein system was 383 g/t Ag and 0.72 g/t Au over 1.3 meters Quartz Lake A Vein. 14 metre wide quartz-carbonate-adularia vein 14

15 High-Sulphidation Epithermal Targets High-sulphidation epithermal discoveries at higher elevations. Looking East: Alunite Ridge and Alexandra HS Targets with Sofia Porphyry and Toodoggone River valley in background Alunite Ridge 500m long soil anomaly Up to 771ppb Au in soil Rock grab samples up to 0.98 g/t Au Sofia Porphyry Alexandra Alunite Ridge BS Gold 550m long soil anomaly Average 300ppb Au. Up to 1,038ppb Au Alexandra 500m x 400m soil anomaly Soils average 244ppb Au and 579ppm Cu Drill hole BCG07-03 returned 260m of 0.16 g/t Au (entire hole). Bottom 20m returned 0.43 g/t Au. 15

16 Sofia Porphyry Discovery Copper-Gold porphyry targets at lower elevations. Sofia porphyry outcrop discovered on shore of Toodoggone River. Outcrop displays pervasive potassic alteration and quartzmagnetite-chalcopyrite veins. Valley blanketed with glacial till with little outcrop exposure. B- horizon soil sampling does not respond well. Sophia discovery outcrop 5.5 sq-km IP chargeability anomaly defined in valley by IP geophysics. Drill hole BCG07-01 intersected 2 zones in monzonite porphyry: 0.12g/t Au, 0.15% Cu over 25m 0.08g/t Au, 0.13% Cu over 47m 16

17 Sofia Porphyry Discovery Hole (BCG07-01) 120.0m: Chalcopyrite & pyrite with quartzanhydrite-magnetite veining 126.7m: Chalcopyrite & pyrite with pervasive kspar and biotite alteration 273.5m: Chalcopyrite & pyrite in quartzanhydrite filled fracture 292.0m: Chalcopyrite & pyrite with quartz veining 17

18 Sickle-Sofia IP, Cu-Au Soil Geochemistry and Diamond Drilling Previous operators focused on epithermal gold veins at Quartz Lake-Griz-Sickle In 2007, BCGold focused on porphyry exploration. Completed 32 km IP survey and 5 drill holes (1,514 m). DDH BCG07-01 intersects copper-gold porphyry mineralization at Sophia DDH BCG07-03 intersects highsulphidation gold mineralization at Alexandra Drilling, IP geophysics, with soil geochem and mapping at higher elevations indicate the discovery of a preserved, telescoping porphyry-epithermal system Numerous targets require drill testing! 18

19 Soil Geochemistry Gold-in-Soil Copper-in-Soil B-Horizon soil geochemistry works well at higher elevations with thin overburden. Fails to highlight the Sofia porphyry discovery covered by thicker glacial till. 19

20 Compilation of Radiometrics, Magnetics, IP, and Gold-in-Soil Anomalies 20

21 Compilation of Radiometrics, Magnetics, IP, and Copper-in-Soil Anomalies 21

22 Compilation of Radiometrics, Magnetics, IP, and Moly-in-Soil Anomalies 22

23 Sickle-Sofia 3D IP Chargeability and 2007 BCGold Corp. Drill Results 23

24 Sickle-Sofia Proposed Diamond Drilling 24

25 Summary Drilling, alteration mapping, soil geochemistry and a 5.5 sq-km IP geophysical anomaly all indicate the discovery of a copper-gold porphyry with an intact high-sulphidation overprint. Next Steps: Step out drilling near Sophia and Alexandra discoveries Drill test other high-priority targets such as Alunite Ridge and BS Gold Expand soil geochemistry and IP/magnetic geophysics on the east side of the Toodoggone River 25

26 BCGold Corp. Discovery Driven Sickle-Sofia Property Copper-Gold Porphyry Discovery in the Toodoggone Camp!