» Location
The QUEST JV project lies within the highly endowed and
prospective Quesnel Terrane. The 26 properties included
in the Fjordland-Serengeti JV area encompass an area of
approximately 1,482 square kilometres along the highly
prospective Quesnel Trough, which hosts porphyry deposits
including Kemess, Mount Polley, QR, etc.
» Property Ownership
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
have a 50% interest in the option agreement.
During June and July 2007, Fjordland and Serengeti began
acquiring airborne magnetic high anomalous targets, based
on information publically available from surveys completed
by the federal government in the 1960s. By July 2007,
over 40,000 new claim units had been acquuired in the
region, including blocks by Xstrata Copper, NovaGold Resources,
Rimfire Minerals, and Geoinformatics.
» 2007 Exploration
In late 2007 to early 2008 airborne magnetic surveys at
250-metre line spacing was initiated using Geo Data Solutions
Inc from Laval, Quebec. The surveys were completed on
18 of the now 26 properties.
» 2008 Exploration
The QUEST JV area also includes much of the region identified
by Geoscience BC, where during 2007 it carried out regional
airborne EM and gravity geophysical surveys, at 4-kilometre
and 2-kilometre line spacings, respectively. Results from
the EM survey, as well as from re-analysis of stream and
lake sediment samples in the Quest area were released
in January 2008 prompting a second round of property acquisition
through staking.
Since the announcement of the Geoscience BC Quest
project in June 2007, over 750,000 hectares of mineral
units have been registered by a wide variety of explorers.
Much of the area surveyed is covered by glacial overburden,
which has historically hampered conventional exploration.
As such, this region represents a significantly under-explored
area.
The Joint Venture engaged Allnorth Consultants Limited
in Prince George to assist with the follow-up work, in
preparation for identifying and planning for induced polarization
surveys to begin in the early spring. Reconnaissance scale
IP surveys totalling approximately 110 line kilometres
were conducted on the most favourable targets on 10 of
the QUEST properties.
Results from the 2008 IP surveys produced encouraging
results that will be followed up on with more IP and drilling
in the 2009 season.
