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Casino Gold Project, BC

Ownership:

  • 100% St. Elias Mines                                                                                      

Property Option Agreement:

  • Currently available for option

Mineralization:

  • Silver rich fault bounded veins 
  • Gold rich contact metasomatism 
  • 1 – BC Ministry of Mines Minfile database Past Producer
    • Casino Red Cap (Mined 5,514 tonnes)
      • Recovered: 81,344 g Au, 23,944 g Ag, 6,009 kg Pb and 5,982 kg Zn

 

Technical Reports (43-101):

  • There have been no technical reports complete

The Property:

The Casino Property is located in the Trail Creek Mining Division, in the Central Kootenay Regional District, of South Eastern British Columbia, Canada.  The property is located on the west side of the Columbia River, about 8 kilometres southeast of Trail near Casino Creek.  The property consists of two (2) contiguous MTO Cell Claims covering approximately 359.69 hectares.
The Casino Property is located within the historic Rossland Mining Camp, an area with numerous known mineral occurrences and significant past producers.  Predominantly a lode mining district, published sources indicate total production of approximately 85 metric tons (2.48 million ounces) of gold, 107 metric tons (3.44 million ounces) of silver, and 54,296 metric tons of copper from 6.389 million tonnes of ore, the bulk of this stemming from the heyday of the mines, between 1894 and 1928.  The bulk of the historical mining occurred in an area on the northwest margin of the Rossland monzonite, an east-west elongate body roughly 8 by 3 km in plan, which intrudes Lower Jurassic Rossland Group host rocks.  The Le Roi and contiguous mines form a so-called “Main belt” of mineralization, mirrored (albeit with a much smaller production) along a nearby North belt, and also along the southwest margin of the (Late Jurassic or Early Cretaceous) pluton.  It should be noted that the west end of the North belt coincides with a Mesozoic porphyry molybdenum system (the former Red Mountain mine), a fifth mineralized area (high-grade gold veins of the I.X.L. and Midnight mines) occurs 2.5 km west-southwest of the Main belt, and that four Main belt mines accounted for 97.9 percent of documented regional gold production.

In 1951 the Casino Red Cap claim was owned by T.P. Voiken & Associates of Trail.  The showing was developed by an open cut 2 metres long and 2 metres deep.  A crosscut adit, collared 12 metres below the outcrop, was being driven towards the vein.

In 1957 when Messrs, Wells and Donelly began development work on a part-time basis.  Two drifts 61 metres long and 8 metres apart in elevation were driven on the near vertical vein.  A stope 46 metres long and 2 metres wide, was mined between the levels.  A small amount of cross-cutting was done on the lower level.

In 1961 the W.D. Mining Co. Ltd., consisting of 5 men with equal shares, operated the mine on a part-time basis.  During the year 108 metres of diamond drilling was completed.

Casino Gold Mines Ltd. held an option on the property from June to September 1962.  A geological survey was made and some development work done on No. 1 level; diamond drilling in 5 holes was done from No. 1 level.  The property was then bought by Messrs, Donelly, Pompu and Ernewin and in October stoping was begun above No. 1 level.  During the first half of 1963 about 30 metres of crosscut and 23 metres of raise was completed; stoping was done on No. 1 vein between No. 1 and No. 3 levels.

Columbia River Mines Ltd. was formed in November 1963 to acquire the property and assets of W.D. Mining Co.  In 1964 a development program consisting of 625 metres of drifts, raises, and sub-levels was begun on Nos. 1, 2 and 3 veins.

St. Elias Mines acquired the Claims in 2010 and carried out a verification survey of the historic workings. Veins sampled ranged in width from 10 cm to 100 cm.  The vein system consists of irregular, discontinuous veins within altered Elise metasediments.  All samples collected from quartz veins contained significant gold mineralization from 3.75 ppm to 23.10 ppm (23.10g/t or 0.67oz/ton across 30cm).

Recommendations:

This property is drill ready.  It is recommended that a drill program of 2,000m be carried out test the on strike and down dip projections of the Casino Red Cap vein.