Makara Mining Acquires Option Over Idaho Creek Gold Project, Canada
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Makara Mining has acquired the right to earn 100 percent of the Idaho Creek Property from ATAC Resources. The property borders the company’s existing Rude Creek Gold Project in the White Gold region of the Yukon, Canada.
Once earned, the Idaho Property will extend Makara’s northern coverage of the prospective geology at its Rude Creek Property by 6 km. The Idaho Property east-west width (6 km) is similar to that of the Rude Creek property (being 7 km). The Idaho Property currently covers 1218 hectares (with potential for expansion up to 1848 hectares) and the Rude Creek Property covers 4157 hectares, for a total land package totalling up to 6005 hectares.
Mineralization discovered on the Rude Creek Property could stretch into the Idaho Property. Through the option, Makara’s land position has increased significantly and the new northern boundary will be directly adjacent to White Gold’s large land position in the area with no intervening land.
Makara holds the right to acquire 100 percent of the Idaho Property.
The Idaho Property has very similar geology to Rude Creek. The Idaho claims are almost contiguous with Rude Creek, within 600 meters.
The metallogeny in the Dawson Range is dominated by porphyry and mesothermal vein deposits. Idaho Creek lies 14 km east of the Casino porphyry gold-copper-molybdenum deposit. The Coffee gold project is located further to the northwest of Idaho Creek while gold-silver veins that hosted the former Mt. Nansen mine and Rockhaven Resources’ Klaza Project are situated to the southeast. The Idaho Property sits within the Klotassin Batholith. It is bounded to the west by the northeast-trending Dip Creek Fault and to the north by a southeast-trending fault that is inferred to be the northerly extension of the Big Creek Fault. The Big Creek Fault typically exhibits two or more sub parallel structures that are the bounding faults of a two to eight kilometre wide graben. A belt of precious metal bearing veins and porphyry copper-gold prospects, associated with Cretaceous age, subvolcanic quartz-feldspar porphyry intrusions, extends southeasterly from the Coffee project for 120 km along the Big Creek Fault.
The metal signature of the soil geochemical anomalies and the stockwork fracture zones noticed in limited drilling when combined with the good geological setting are indicative of a high level porphyry setting perhaps quite similar to the Casino deposit 12 km to the northwest in conjunction with the Orogenic Gold potential.
About Makara Mining
Makara Mining Corp. is a mineral exploration company focused on the acquisition, exploration and development of gold properties. The company is based in Vancouver, B.C. and holds options over the Rude Creek Property and Idaho Creek Property located in the Yukon and the Kenora Gold Property located in Northwestern Ontario.
To stop by Makara Mining’s website, CLICK HERE
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