Sterling

Summary

Roughrider owns the Sterling Property 100%. The Property is located 8 km north of Houston B.C.and consists of two non-contiguous tenure claims totalling 844 ha. 

Property Highlights

- The Sterling Property lies within the Stikine Terrane of central British Columbia, encompassing intrusive rocks of the Early Jurrasic Topley, Late Cretaceous Bulkley and the Eocene Goosly Plutonic Suites. On the Sterling Property, multiple stocks of the Topley, Bulkley and Goosly Plutonic Suites intrude Lower Jurassic Hazelton Group (Telkwa Formation) calc-alkaline volcanic rocks and Upper Jurassic Bowser Lake Group sedimentary rocks. Regionally, Bulkley and Goosly Plutonic Suite intrusive rocks are associated with copper-silver-gold/molybdenum-silver-gold mineral systems including, respectively, the New Nadia Explorations Limited's Silver Queen prospect 45 km to the south and the former producing Equity Silver mine 40 kms to the southeast;

- The ground that makes up the Sterling Property was selected based on geological factors that management considers make it prospective for intrusive associated, breccia vein-hosted precious metal deposits;

- Historic high-grade silver-base metal veins on the north part of the property, including the Christina, Gwenda, Paola and Monica vein showings 1. Sampling and drill intercepts reported from the property are included in Table 1;

Table 1: North Sterling Property: Historic Mineral Occurrences
Sample No. Ag (g/t)* Au (g/t)* Cu (%) Zn (%)
GWENDA VEIN
801 Grab           49.00           0.14           0.11           8.41
802 Grab         840.70           0.75           1.01           0.25
804 Grab             6.90           2.88  n/a   n/a 
CHRISTINA VEIN (MinFile 093L 295)
702 Select Grab     1,165.00           1.58           0.87           1.91
703 Grab         157.00           0.17           0.15           1.31
807 Select Grab         287.30           0.14           0.17           0.93
808 Grab         155.60           0.24           0.11           3.45
DDH84-13 8.05m-8.53m (0.48m)           52.80           0.14           0.10           4.62
DDH84-13 8.53m-9.11m (0.58m)           80.20           0.17           0.12           4.82
PAOLA VEIN (MinFile 093L 296)
754 Chip/1.2 m           63.10  n/a            0.32  n/a 
755 Chip/1.2 m           89.50  n/a            0.54  n/a 
757 Chip/1.0 m           82.60  n/a            0.41  n/a 
DDH84-10 15.48m-16.25m (0.77m)           31.20           0.03           0.16           0.35
MONICA VEIN
DDH84-9A 17.07m-17.37m (0.30m)           46.60           0.34           0.04  n/a 
* Gold assay values calculated to grams/tonne from historic quoted ounces/ton (I.0 oz/ton = 34.28 g/t).

- The historic Joe B polymetallic silver-copper-lead-zinc vein occurrence on east side of the Sterling Property (MinFile 093L 206). The Joe B is described in the 1928 BC Ministry of Mines Annual Report as a 22.9 cm vein that assayed trace gold, 548.56 g/t silver and 0.7% copper;

- Proximity to a large mineralizing system, in this case the Late Cretaceous Bulkley Plutonic Suite associated Alaskite molybdenum deposit of Bard Ventures Ltd., a 43-101 compliant, measured and indicated resource of 110.3 million tonnes grading 0.083% molybdenum (cut-off grade of 0.04% molybdenum) (not owned by Roughrider);

- Strong to moderate anomalous BCGS regional stream geochemical signatures on the property and the immediate surround area in a number metals and pathfinder elements, including: silver, copper, molybdenum, zinc, lead, arsenic and antomony;

- Excellent infrastructure in the area, including the community of Houston 8 km to the south, Highway 16, a 500 KV hydroelectric transmission line and natural gas pipeline within 3 km and good road access on the property.


Work by Roughrider

A small work program was undertaken on both properties in 2017. A two-person crew from SJ Geophysics undertook a GPS-controlled magnetic and Very Low Frequency Electromagnetic (VLF-EM) survey on each of the tenures, and an east-west oriented, 16-line km survey was completed over the Joe B occurrence, located on the Sterling 2 claim.

Although small surveys from which extrapolation of the results is limited, the results do outline anomaly trends that warrant follow up. At the Joe B grid area, a strong magnetic anomaly (possible dyke) trends northwest through the reported location of the Joe B occurrence that is roughly coincident with a similar oriented VLF-EM conductor. Additional north-south trending conductors also warrant follow up.


 

Cautionary Notes

1 Adriatic Resources Corp.; 1984 Assessment Report 13364