Singing The Praises Of Saskatchewan Project
ALX Resources Corp.(TSXV: AL) has acquired the Hummingbird Gold Project, located in northern Saskatchewan, Canada.
Hummingbird consists of 12 claims totalling 14,097.87 hectares (34,836.60 acres) that are situated approximately 35 km northwest of the town of Stony Rapids, Saskatchewan.
The Project is contiguous to the company’s Firebird Nickel Project, currently under option to Rio Tinto Exploration Canada Inc.
CEO and Chairman, Warren Stanyer, said ALX has determined that Hummingbird is prospective for gold mineralisation and the company is using remote sensing techniques to detect surface alteration zones in a large underexplored area.
Mr Stanver said ALX recognised the gold potential of Hummingbird and commissioned KorrAI of Halifax, NS to use artificial intelligence (A.I.) data processing methods to efficiently detect surficial alteration along fault zones partially concealed by vegetation and wetlands.
Highlights of the Hummingbird Gold Project
- Major NE-SW shear zones striking through Hummingbird extend southward to the Pine Channel Assemblage, where historical high-grade surface outcrop and rock samples, some with visible gold, ranged up to 874 grams/tonne (“g/t”) gold 1.
- Lake sediment samples collected in the 1980s along these structural trends in the central part of Hummingbird ranged as high as 320 parts per billion (“ppb”) gold
- Historical ground prospecting in the 1980s and 1990s westward from the Pine Channel area along the NE-SW trending shear zones simply ended within the central Hummingbird claim block, creating a type of geological “No Man’s Land”, mainly due to budgetary constraints and low gold prices of the era.
“The acquisition of Hummingbird is an example of ALX making new trails in underexplored terrain,” Mr Stanyer said.
“The northern Athabasca region hosts high-grade gold showings at Pine Channel and further west lies the million-ounce Goldfields deposit. ALX is using new exploration tools to assess gold potential where little-to-no ground work has been carried out.”
During the Nothern Fall 2020 prospecting programme in the northern Athabasca region, ALX visited specific target areas at Hummingbird identified by A.I. in conjunction with the results of historical work. A total of 105 rock samples were collected in several target areas throughout the Project with 26% of the samples returning values greater than 50 ppb gold, highlighted by the following outcrop samples assaying greater than 3.0 g/t gold:
ALX believes that deep geological structures striking through Hummingbird could provide pathways for mineralising fluids and gold deposition, especially in areas of cross-cutting fault intersections.
Future work may include integration of modern airborne geophysical surveys with remote sensing and A.I. techniques, followed by ground-truthing of anomalies to define drill targets.