Return to Gemco HomepageCorporate InformationGemco Projects & TechnologiesInvestor-related InformationUseful industry linksContact Information
   


Projects

Burns Mountain Property - British Columbia, Canada - Gold / Silver
 


   


Map displaying the location
of Burns Mountain


Existing gold mine shaft
Burns Mountain site


Trenching with Excavator at
Fosters Ledge (Burns Mtn)


Entrance to one of Gemco’s adits (mineshaft)



Burns Mountain Near Barkerville, British Columbia
In The Heart of The Gold Rush Territory

Historical Overview

The Burns Group was acquired in 1998 by the purchase of Burns 1 and the staking of the J.C.B. claims. There is an extensive history of mining on the property dating back to 1858, with several old adits (one of 2350 feet) and old workings in various locations. The Burns Group straddles highway 26,approx. 6km from wells, British Columbia. The property has been partially logged and offers extremely good access to many areas of interest.

In 2000 through diligent research and staking the size of the property was doubled to 203 units by the Ace claims. These 203 adjoining units lay on what has been referred to as a "parallel trend" to the famous Cariboo Gold Camp. Added significance to the property comes from its proximity to the major new Bonanza Ledge discovery that is tied to all the historical "proven producers".

Quick Facts

Gemco owns 100% of the mineral claims on the Burns Mountain mineral hard rock property. The mineral asset is situated on a total of 12,685 Acres (5,133 hectares ) of prime exploration property. In January 2005, the Burns Group was converted to cells; this resulted in the property size being changed to 3,947 hectares with 158 cells. The new tenure numbers are 506325, 506328, 506333, 506335, 506336, 506337.

With extremely good access, Gemco has conducted preliminary works at Burns Mountain including exploration of existing adits and shafts. The longest explored adit tunnel being 2,350 feet into the mountain. The property offers good assay results from many locations tested, with 70% of the property still unexplored. Further, earlier records showed the creeks draining Mountain Burns contained very coarse gold of high fineness. In 1990 our president, Tom Hatton, discovered an 8.5 ounce gold nugget at Burns Creek, which was recorded and published in the B.C. mining records.

British Columbia Ministry of Energy & Mines identifies the Cariboo region as one of the provinces' largest precious metals exploration regions. The Company is poised to launch its diamond drill program in the spring of 2006 on completion of its initial financing.

GEOLOGY/METALLURGY

On the Burns Mountain property the exploration focus will be on a northerly trending fault and proximal quartz veining. Quartz veining within the "camp" has historically been designated as either "A' veins (those being sub-parallel the north westerly trending strata and are usually of greater extent). Or "B" veins which within the mines, are, either transverse (right angles to stratigraphy) or oblique, which cut stratigraphy but are at right angles to the northerly trending faults. The "B' veins have been interpreted as tension fracture filling possibly following the Riedel shear model. Skerl (1948) states that "Continued movement (along the northerly trending faults) opened up both groups of these fractures enabling mineral solutions to invade the broken zones near both the north - south and the "bedded" faults and produce auriferous quartz-pyrite veins. Some mineralization took place within the faults themselves."

Property Maintenance

At present the ground has been maintained by completing basic exploration, including:

  • Locating a number of historical points of interest

  • G.P.S of all legal corner posts

  • Some kilometers of grid lines

  • Soil sampling in several areas of interest

  • A small V.L.F. mag. Survey

  • A small S.P. survey

  • Limited road maintenance

  • Gathering of a number of historical references to the property

  • A summary of data by R.D. Hall, PhD, P.Eng.

Significant Opportunity

Early findings have been corroborated by more geo-tech work through an extensive exploration program with the participation of a qualified geologist. The Burns Group property should enhance International Wayside's (I.W.A.) adjacent ground that has already been taken to the environmental review stage and has been the subject of a number of sizeable private placements in late 2003. With the recent increase in gold prices the Burns Group Property has acquired even greater potential significance.

   

Toll Free In North America Tel/Fax/VoiceMail - 1-866-848-2940 / info@gemcominerals.net

© 2006 Gemco Minerals Inc.