» Properties
In July 2007 Fjordland and Serengeti Resources Inc (TSX-V:SIR)
signed a "Letter of Intent" to explore for porphyry-related
precious and base metals, targeting the Quesnel Terrane
between Williams Lake and Fort St James. Both companies
had a 50% interest in the option agreement, however, through
dilution Serengeti currently has a 58% interest.
In 2007 a total of 28 properties totalling 1,482 square
kilometres were acquired comprising the QUEST JV. The
Properties lie within the early Mesozoic-aged Quesnel
Trough, a large regional depositional feature extending
2000 kilometres from the U.S. border in the south to the
Stikine River in the north. The Quesnel Trough assemblage
hosts numerous deposits of porphyry gold-copper style
mineralization (see Quesnel Trough map) generally related
to dioritic or monzonitic sub-volcanic intrusive bodies
including the Mount Polley, Kemess, Kwanika, Quesnel River
(QR) and Mt Milligan deposits.
Much of the area underlain by the properties is covered
by glacial overburden, which has historically hampered
conventional exploration. As such, this region represents
a significantly under-explored area.
» Exploration
Fjordland and Serengeti acquired the properties based
on publically available historic geophysical, geological,
and geochemical information. In late 2007 to early 2008
airborne magnetic surveys at 250-metre line spacing were
completed on 18 of the 28 properties.
Follow-up reconnaissance scale IP surveys totalling approximately
130 line-kilometres were completed over the most favourable
magnetic anomalies on 11 of the QUEST properties. The
2008 IP surveys resulted in strong, coincident chargeability/resistivity
anomalies on 7 of the 11 properties tested and weaker
anomalies on 2 of the remaining 4 properties tested.
» Status
Of the initial 28 properties, 11 properties
currently remain. To view descriptions of the properties
as well as the exploration status select the links below:
Note: John Peters, PGeo is the QP who has reviewed the
data presented.
