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|  |  Carruthers Pass is located in central British Columbia, approximately 70 kilometres south of the Kemess gold-copper mine and 200 kilometres north of Smithers. The property is under option to Cariboo Rose from Phelps Dodge Corporation of Canada. Carruthers Pass is a volcanogenic massive sulphide target discovered by Phelps Dodge in 1997 and explored by them between 1997 and 2000. The property consists of 130 mineral claim units covering 3,250 hectares. Geology Claims were staked at Carruthers Pass following the release of a National Geochemical Silt Survey in 1997 which indicated that several streams draining the area were highly anomalous in base metals, particularly copper. Evaluation of the claims resulted in the discovery of a slab of massive sulphide, measuring several square metres, protruding form a talus apron. Material from the slab, when analyzed, returned significant values in copper, zinc, silver and gold. Grab samples by Phelps Dodge in 2001 from this exposure returned the following:
Six diamond drill holes were completed in 2000 to test the area above the slab where a layer of massive sulphide was found to be outcropping (from two sites). While the initial drilling failed to intersect economic mineralization, it did encounter significant thicknesses of pyritic volcanoclastic sediments with anomalous base metal and silver values. Soil and talus fines sampling completed by Phelps Dodge indicate that the geochemical signature of the mineralization can be traced along strike for approximately six kilometres in a roughly east-west orientation. In 2005 four diamond drill holes were completed in several areas without notable results. Discovery of the Massive Sulphide Horizon In 2008, sampling was carried out on cliffs above the slab protruding from a talus apron. The prospecting and sampling program identified at least two mineralized or sulphide-bearing altered horizons which vary between two to four metres thick and can be traced across the outcrop exposures for at least 100 metres. Within these horizons, pods of massive sulphides occur and it is strongly suspected that these are the source of the boulder occurrence. Sampling undertaken during this 2008 program (104 samples in total) returned several anomalous results with the following table representing selective grab samples from the more significant copper rich showings. The most significant of these sample include:
2011 Drill Program Initial drilling targeted the slab where exposed in a talus slope beneath a cliff. The slab appears to have broken away from the adjacent cliff, based on results from this drill program. Drill hole CAR11-11A, used to anchor the drill, was oriented into the slab at an angle of at -80° and intersected 2.5 m of massive sulphide before terminating in unconsolidated talus material at 5.0 m. A second hole was drilled from the same setup at a -45° angle and intersected a 3.05 m thickness of similar VMS in contact with metagabbro, beneath which was talus. The collars of the two holes are approximately 0.80 m apart. True thickness of the intersections is not known as the slab material is not in situ. Individual assays returned from the drill intervals were adjusted to account for core recovery and are as follows:
Plans for 2012 A downhole induced polarization ("IP") survey extended in the direction of the slab identified a body with responses of less than 10 ohm-m resistivity at depths of approximately 65.0 m. La Quinta believes that the VMS source for the slab is this responder. La Quinta plans to drill this area during 2012 field season; permits are already in place. Status Cariboo Rose has optioned Carruthers Pass to La Quinta Resources Corporation (TSX-V: LAQ). La Quinta Resources Corporation can earn a 90% of the property in exchange for $2 million dollars on exploration, payments of $470,000 dollars and issuing 2 million shares of common stock to Cariboo Rose over a 6 year period. La Quinta has also been granted the opportunity to acquire the remaining 10% interest from Cariboo Rose at fair market value. Access The property is located 29 km off both the power line to the Kemess Mine and the Omineca road. Access is currently by helicopter from nearby towns. Maps
Technical Document Carruthers Pass 2008 Summary Report (pdf) | |
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