Property Description

The Star property is located in west-central British Columbia, in the Skeena Mining Division, approximately 27km south-southwest (straight-line distance) from Prince Rupert. The property is located on Porcher Island and is accessible year-round by float plane, helicopter, ferry or charter launch to Oona River (less than 6km from property), from Prince Rupert. Active barge-logging is underway within the project area, which has created a network of logging roads which cover the majority of the property allowing for low-cost exploration and development.

The property consists of 4 tenures covering 3646.8 Ha and is open for expansion in multiple directions. The Star property is located in a historic mining district. The high-grade gold Surf Point Mine, located on the northwest corner of Porcher Island approximately 10km from the Porcher Property, operated from 1919 through to 1939, before shutting down at the onset of WWII.

The eastern part of the property was explored and drilled in 1955 for Iron Ore by One Resources Canada Corp. Twelve short (<50m) diamond drill holes were completed for a total of 696m, targeting a small magnetic anomaly identified from a historic ground-based magnetometer survey. Conclusions from this work program were that ‘at least several hundred thousand tons of magnetite-bearing rock with a grade of the order of 35% iron exist within the drilling area’ (PF671671).

The One Resources Canada Corp. 200m Residual Total Magnetic field dataset highlights a 5km x 7km magnetic high located in the center of the Star claim group. Historic drilling was completed on the far eastern flank of this magnetic anomaly indicating that a much larger resource potentially exists within the property area to the west. While the historic drill program did not analyze the magnetite for Vanadium, a Regional Geochemical Survey (RGS) was completed by the British Columbia Geological Survey in 2000 over the Star claim group which highlighted up to 148ppm vanadium-in-silt (99th percentile) and 5.06% Fe. These impressive RGS results tap drainages that flank the large magnetic anomaly along its multiple sides.

The star property Property has the makings for a significant Vanadium discovery including a large magnetic (5km x 7km) high, drained by extremely anomalous Vanadium-in-stream results with a several hundred-thousand-ton magnetite resource on the margin.

The property is located on tide-water less than 28km from the Prince Rupert deep water port, which boasts the deepest main channel depth at a depth of 35m, and the shortest trans-pacific route travel time of 8 days to any North American west coast port, providing the property with ideal mine-to-market economics.

STAR PROPERTY MAPS

Locator

Regional Locator

Satellite Map Showing Claim Detail

Detail Claim Map Showing Geology

Detail Claim Map Showing Magnetics

Detail Claim Map on Satellite

Cautionary Notes

Note that these estimations precede National Instrument 43-101, are repeated for historical reference only, and are not to be relied upon. A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or reserves; and the issuer is not treating the historical estimate as current mineral resources or reserves.  Nevertheless, the estimates were completed by competent individuals to the standard of the day, and are considered to be relevant to future exploration of the property.

We Are BC Exploration

Cobalt News

Cobalt is the greatest of all!

Copper News

Copper has many applications!

Twitter Feed

We love to post!
minilogo

about us

Dlrey Metals is exploring BC for economic deposits

CSE: DLRY     FSE: 1OZ