The lithologies are characterized by moderate to steeply dipping, southeasterly striking, locally overturned folds, with regional southeasterly striking thrust faults and later faulting along a general north-northeast direction. The Property contains favorable geological units overprinted by extensive deformation on strike with a known corridor of gold mineralization. This southeasterly-oriented regional feature (Cariboo Break) includes a number of known gold deposits, past hard rock and placer gold producers, and numerous bedrock occurrences. The principal mineralization is associated with high strain zones and parallels magnetic features from regional and detailed airborne geophysics tracing from northwest of Barkerville to the southeast through the Property.
Work Programs
Previous work on the Property included geological mapping, airborne geophysics, and reconnaissance soil and stream geochemistry surveys. The Property exhibits geochemical anomalies for gold, arsenic and other heavy metals. Float and bedrock occurrences on and adjacent to the Property include gold in quartz veins or silicified replacement zones. The known Ace occurrence, along strike between the HAWKEYE claims, also includes intervals of semi-massive chalcopyrite, sphalerite and galena associated with polymetallic Cu-Zn-Pb-Au-Ag based on the Kuroko or Besshi-type model, and carbonate-hosted Pb-Zn mineralization. In addition to these sulphides, native gold, bornite and malachite also are identified along the northwesterly trend to the past-producing Cariboo Hudson gold mine and to the southeast towards Quesnel Lake.
During 2018 HAWKEYE completed a 502 line kilometre helicopter-borne geophysical survey over the 2-Aces property performed by Geotech Airborne Geophysical Surveys Ltd. The survey which was carried out at 150 metre line spacing identified several features of interest on the 2-Aces north and 2-Aces properties. Two potentially significant features are evident as northwest-southeast trending magnetic lows fringed by magnetic highs which is similar to, and may represent, a southeasterly extension of the Cariboo Break. The survey identified several features of interest on the 2-Aces East property. The first anomaly occurs in the north part of the property and consists of a parallel series of northeast southwest trending magnetic highs and lows that appear to correlate strongly with mineralization and soil geochemical anomalies at the Mae Showing. A northwest to southeast-trending linear magnetic low occurs on the eastern part of the property, southeast of the first anomaly, which may represent a structure. Directly to the southwest of the first is an unexplained magnetic high measuring 1.5 x 2 km.