Porphyry Lake hosts two gold mineralized porphyry systems with wide, low-grade gold intersections in drilling. Mineralization is consistent with a mineralized porphyry system that has the potential of developing into a large, bulk tonnage open pitable deposit. The property also potentially hosts breccia pipes similar to that at Minto, as it is located immediately to the west of Minto, and contiguous to Tahoe’s Juby north boundary.
Notable intersections include:
1.88 g/t Au over 20.7 metres (PL-3)
1.34 g/t Au over 21.3 metres (PL-04-02)
The exploration plan at Porphyry Lake revolves around 2 main objectives: 1) find a center of porphyry-type gold mineralization with open pit potential; and 2) find additional Minto-type breccia zones, which are small but very high grade.
3D Interpretation of Porphyry Lake Orebody