EDITOR: | November 22nd, 2016

The next Hemlo project returning 18.5 g/t gold from channel samples

| November 22, 2016 | No Comments
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sunvestminerals-400x300-bIn September 2016 Sunvest Minerals Corp. (TSXV: SSS) acquired The McKinnon-Hawkins Gold Project with expectation it will become the next Hemlo camp.

On November 10 Sunvest announced the results of chip channel sampling of two known zones of mineralization from the western portion of the Mckinnon-Hawkins gold Project (The Goldfields Prospect). The south zone returned 18.46 grams per tonne gold (g/t Au) over 2.5 meters (five 0.5 meter samples), and the northern zone returning 15.58 g/t Au over 1.5 meters (three 0.5 meter samples).

Located in the Hawkins and Walls Townships, Sault Ste. Marie & Porcupine Mining Divisions, Ontario and covering three claim blocks comprising 5,824 hectares (58.24 km2) scattered over 30 kilometers the project is a highly favorable geology prospective to host gold mineralization that resemble the Hemlo camp.

The Hemlo camp is one of Canada’s most prolific mining regions, having produced approximately 24 million ounces of gold in less than 20 years. The gold has been extracted from open pit and underground operations, which have been owned by a continually evolving group of companies.

Sound scientific principles suggests that Sunvest’s properties fall within a shear zone extension of the Puskuta Fault Zone (PFZ), which starts in Hemlo 150 km west of the McKinnon-Hawkins Gold properties.

As early as 1993, Leclair, a scientist with Natural Resources Canada and two other colleagues documented a number of sheer zones in Central Superior Mining province. Their extrapolation of the PFZ trajectory suggests would permit a clever prospector to deduce the existence of Hemlo type deposits.

The McKinnon-Hawkins Gold Project straddles the west end of the PFZ, a regional gold mineralized fault joining the Hemlo and Timmins Gold Camps. The PFZ represents a strong, linear regional deformation zone with multiple gold occurrences.

I have worked extensively in the area north of Lake Superior for 17 years and met boatloads of prospectors who have seen gold in the region. In fact the region’s gold has inspired me to write a novel. Dubreuilville, a small village within the region PFZ is the set for the novel.

Sunvest Minerals is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders. Sunvest’s primary focus is on it’s newly acquired McKinnon-Hawkins Gold Project located in the Hawkins and Walls Townships covering over 30 kilometers of favorable geology prospective to host gold mineralization.

I am tickled that one of the directors of Sunvest is the son of Don McKinnon.

Don Mckinnon Sr, John Larche and David Bell discovered Ontario’s fourth largest mining camp, Hemlo, in 1981.

Don McKinnon Jr. is a director of Sunvest. He has been actively exploring mining properties in Ontario and internationally. This includes having been involved in managing all aspects of exploration from property acquisition and grass roots exploration, to seeing projects through to the development stage. Mr. McKinnon Jr. also has an extensive network of business associates throughout Canada as well as internationally. Mr. McKinnon Jr. has been involved in the mining exploration industry since a very young age.

Close to Marathon, Hemlo is near the trans-Canada highway, half way between Thunder Bay and Sault Ste. Marie.

In May 2016 P&E Mining Consultants Inc. of Brampton, Ontario completed a report titled “Technical Report and Initial Resource Estimate on the McKinnon Gold Project, Hawkins and Walls Townships, Sault Ste. Marie and Porcupine Mining Divisions, Ontario”. Eugene Puritch, P.Eng, prepared this report. President of P&E, an independent “Qualified Person”, for the purposes of NI 43-101. P&E has estimated that the Property has Inferred Resources of 4,957,000 tonnes at 1.50 g/t Au (239,100 ounces of contained gold) at a cut-off grade of 0.5 g/t Au. The report is accessible at www.paveyarkminerals.com.


Dr. Luc Duchesne

Editor:

Dr. Luc C. Duchesne is a Speaker and Author with a PhD in Biochemistry. With three decades of scientific and business experience, he has published ... <Read more about Dr. Luc Duchesne>


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