Goldseek’s Horizon property represents a land position in a fertile Archean greenstone belt which hosts a world class gold camp. Apart from the 23Moz Hemlo deposit, the belt’s gold endowment in uncharacteristically low. In other Archean terranes, a greenstone belt which hosts a >20Moz gold endowed minerals system would normally host several additional >1Moz deposits, and numerous smaller deposits, prospects and showings. This absence of other deposits is likely due in part to overlying glacial cover which inhibits exploration. But also, in part lack of effective systematic exploration which speak to an overly model-driven focus on Hemlo-style mineralization and the arguments around the geological controls at Hemlo.
The presence of a porphyritic intrusion in the southeast corner of the project, the occurrence of intercalated mafic volcanics, metasediments, the existence of felsic metavolcanics, and a recently completed airborne VTEM survey and IP survey makes the area lithologically prospective. This coupled with the coincidence of broad linear features interpreted from airborne surveys as structural shears overlapping the area and tapering into an inlier on the Cedar Lake Pluton as well as the proximity of this project to the contact of the Cedar Lake Pluton all combine to make this a priority target area. (Caldbick, 2017)