Wednesday, June 15, 2022
There is a gold rush on in Central Newfoundland with more than 50 companies exploring along several highly prospective trends. This year’s estimated total exploration budget is significant, and with every dollar spent, we learn more about the location, continuity, and controls on the gold mineralization. This Technical Session will begin with an overview of the regional structural setting and timing of the gold deposits, followed by summaries of four different deposits ranging in development from early-stage discoveries to projects near mine construction. Numerous northeast-southwest trending fault systems transect the central portion of the island such as the Cape Ray Fault, the Red Indian Line, and the Gander River Ultramafic Belt Line. These crustal scale systems represent sutures of various geological zones in Newfoundland, as shown by the Red Indian Line which marks the closure of the Iapetus Ocean. The large-scale structures introduce ideal conditions of multiple phases of contraction and relaxation along numerous pathways for hydrothermal fluids and related gold deposits. From this session it will be clear, that a wide variety of gold deposits occur in Newfoundland and that presents both a challenge and opportunity for explorationists.
Chair: David Ross, Marathon Gold & Valerie Wilson, SLR Consulting (Canada) Ltd., Toronto, Canada