Tim Property

Watson Lake, Yukon near the Silvertip Mine

A SILVER TARGET IN THE EMERGING SILVERTIP CRD DISTRICT 

The Tim property consists of 72 mineral claims located 72 km west of Watson Lake, Yukon and 19 km northeast of Coeur Mining’s Silvertip deposit. The property is accessible by road via a spur off of the Silvertip Mine access road, which connects to the Alaska Highway. The Tim property claims cover an area of anomalous silver-lead-zinc in soil geochemistry and geology prospective for hosting Carbonate Replacement Deposit (“CRD ”) style mineralization similar to that hosting the silver resources at the Silvertip Mine. Recent work by previous partner Coeur suggests that both Silvertip and Tim are part of an emerging CRD district in southern Yukon and northern British Columbia. In 2024, Coeur completed a six hole, 2,250 metre drilling program at Tim. Coeur’s geological observations in drilling, including a number of key characteristics of CRD deposits were noted in drill core, indicating that the Tim may be host to a productive CRD system similar to that present at Silvertip.

To date, Coeur has funded approximately $1.6 million in exploration which has included SkyTEM, magnetics, radiometrics and mobile MT geophysical surveys, property-wide geochemical sampling and mapping, re-examination of historical trenches and drilling.  

Drilling in 2024 targeted the Wolf Fault, identified in 1980’s era trenching over approximately 2 km of strike length with associated anomalous silver-lead-zinc soil geochemistry, iron and manganese-bearing oxides and what may represent chimney-style (fault-hosted) silver-lead-zinc mineralization.

Historic trench chip samples returned 352.4 g/t silver, 9.12% lead over 4 m and two grab samples taken from another trench returned assays of 1248.1 g/t silver and 49.5% lead and 978.7 g/t silver and 32% lead respectively.

Confirmation sampling by Coeur returned 468.1 g/t Ag, 21.1% Pb, and 0.3% Zn over a 4 metre chip sample, while another returned 8.8 metres averaging 265.0 g/t Ag, 6.7% Pb, and 0.9% Zn in a chip sample from another trench.

Coeur’s 2024 program successfully confirmed that Tim may host a productive CRD system. These consist of diagnostic features noted at Silvertip and elsewhere in the world including fugitive calcite veining that fluoresces in UV light (displaying the classic “barbeque” pink and orange fluorescence), AMOM (argentiferous manganese oxide mineralization) and re-crystallization of the host limestones.

Photo 1 - View of the Tim Property with 1980's era trenches, 2024 drill pad locations and approximate trace of the Wolf Fault

 

MAPS & PHOTOS