Pickle Crow

Canada, Ontario
Gradient Brand Secondary

Type:

Precious Metals

Commodity:

Gold

Operator:

Bellavista Resources Ltd

Status:

Development Royalty

Royalty:

2.0% – 2.5% NSR

Overview

The Pickle Crow Project, operated by Bellavista Resources Ltd, is hosted by the highly prospective Pickle Lake greenstone belt, located in the tier-1 mining jurisdiction of Ontario, Canada, 400km North of Thunder Bay on a major regional highway with grid power less than 5km from the project. The Project previously produced between 1935 and 1966, producing 1.5Moz of gold at an average grade of 16g/t gold.

The Pickle Crow Gold Deposit is a series of high-grade, shear-hosted, mesothermal Archean lode gold deposit. The deposit occurs primarily within mafic volcanics and banded iron formation (BIF) units in the Pickle Crow assemblage of the Pickle Lake Greenstone Belt in the Uchi Lake Sub-province of the Superior Craton of the Canadian Shield.

Mineralization is focused around steeply northwest dipping, regional scale shear zones with the bulk of the mineralization discovered to date hosted near the Main Break structure, proximal to the highly strained, unconformable boundary between the Pickle Crow assemblage and the mafic-intermediate volcanics of the younger Confederation assemblage. A restricted, late-basin, Temiskaming-like sedimentary assemblage has also been identified in the hanging wall of this structure, and broader zones of lower grade mineralization and alteration of the BIFs and other rocks are now being recognized around secondary structures, some of the shallower zones of which might allow open pit development to complement the high grade underground ore.


AuTECO Minerals ASX release titled “High-Grade Inferred Gold Resource Grows to 2.8Moz at 7.2g/t,” released May 4, 2023

AuTECO Minerals ASX release titled “AuTECO receives firm commitments for $9m placement to fast-track regional exploration at Pickle Crow,” dated February 2, 2023

First Mining Gold Technical Report titled “An Updated Mineral Resource Estimate For The Pickle Crow Property, Patricia Mining Division, Northwestern Ontario, Canada,” effective August 31, 2016 and released June 15, 2018