Allies Property

Allies Gold Copper Project

Summary & Location:

The Allies Property covers a total area of 1,039.96 hectares. The Allies Property is a road-accessible project located approximately 26 km northwest of Kamloops, British Columbia, near Cannell Creek at the southern end of the Tranquille Plateau. Access to the property is provided by a major logging road from North Kamloops through the Batchelor Hills, passing Lac du Bois, McQueen Lake, and Pass Lake. The main access road is suitable for two-wheel-drive vehicles, while four-wheel drive is required on older logging and mining roads within the property.

Regional Geology:

The Allies area is underlain by Upper Triassic Nicola Group volcanic and sedimentary rocks formed in a subaqueous island-arc setting. The region is divided into three fault-bounded blocks by two north-trending faults, bounded by Cherry Creek and Guichon Creek. The Nicola Group includes volcanic assemblages ranging from felsic to mafic and an eastern sedimentary assemblage of greywacke and limestone. Late Triassic to Early Jurassic alkalic intrusions, including the Iron Mask batholith, cut the Nicola Group and are associated with copper mineralization. Younger Eocene arc volcanics and Miocene–Pliocene basalts overlie the Nicola and intrusive rocks. The Allies area consists of picrite, Nicola greenstones, porphyritic dykes, felsic ash tuff, volcanic greywacke, and locally overlying Miocene basalts.

Mineralization:

Main Allies Zone (MINFILE 092INE044)

• Hosts quartz veins and breccias within feldspar porphyry, serpentinite, and volcanic rocks.

• Historic samples include 48.6 g/t Au, 45.2 g/t Au, and 9.3 g/t Au with 13.8 g/t Ag from quartz-veined porphyry float and subcrop.

• In 1973, grab samples from the main workings yielded up to 1.30% copper, along with 50.9 g/t Ag and 7.2 g/t Au (Assessment Report 4546) 

• Additional assays: 6.8 g/t Au & 13.7 g/t Ag from oxidized quartz; trenching has returned multiple samples >1 g/t Au.

• Mineralization consists of quartz veins/stringers with pyrite, chalcopyrite, bornite, and galena, with occasional visible gold.

• Drilling has intersected silicified and pyritized feldspar-porphyry breccias, confirming the system extends below surface.

Allies Southwest (MINFILE 092INE192)

• Mineralization hosted in chloritized, oxidized shear zones cutting greenstone and porphyry.

• Quartz-carbonate veins carry pyrite, malachite, chalcopyrite; porphyry dikes here can be up to 24 m wide.

• Historic drilling: 0.37 g/t Au over 12 m, including 1.32 g/t Au over 1 m.

• Grab samples returned up to ~1.05 g/t Au.

Dodd’s (Allies South – MINFILE 092INE194)

• Narrow (<1 m) feldspar porphyry dikes with quartz-carbonate veining and sulphide mineralization.

• Historic results: up to 1.9 g/t Au, 19.8 g/t Ag, and 0.68% Cu in trench/channel samples.

• Drilling intercepted 0.35 g/t Au over 21 m, including 1.32 g/t Au over 1 m.

• More recent drilling (2010) intersected 0.76 g/t Au over 6.35 m, including 1.25 g/t Au over 1.5 m.

History:

During the early 1900’s Prospectors looking for the source of the placer gold found in the Tranquille River discovered large (2-meter square) blocks of silicified feldspar porphyry carrying sulphides that assayed up to 1.42 ounces gold per ton in one of its tributaries, Cannell Creek. This discovery became known as the “Allies Prospect”.

In the 1930’s at least three shafts and five adits were dug. It sat dormant until the late 1960s. During the 1970s VLF electromagnetic and geochemical sampling surveys were conducted and three diamond drill holes were done. In the 1980s the property was optioned and sampling surveys, trenching, and drilling were conducted. In the 2000s Prospecting, IP surveys, and some drilling was conducted. In 2019 four lines of magnetic and VLF-EM surveying were done in the southeast area of the property.

Potential:

The Allies Property has strong potential for both high-grade gold veins and larger copper-gold systems. Historic surface samples returned impressive gold values, and drilling has confirmed mineralization in bedrock, including wide zones with elevated gold. The presence of feldspar porphyry dikes, altered ultramafic rocks, and breccias—combined with multiple soil and geophysical anomalies—suggests a broad, multi-phase mineral system. Key targets like the Allies Zone, Dodd’s, and Southwest remain open for discovery.

Allies Gold-Copper Project – (4-Year Option)

Option Terms – To Earn 100% Interest

a) Cash Payments – Total: $175,000 CAD

• Year 1: $25,000 upon signing

• Year 2: $30,000 on 12-month anniversary

• Year 3: $50,000 on 24-month anniversary

• Year 4: $70,000 on 36-month anniversary

b) Share Issuance – Total: $175,000 CAD equivalent in common shares

• Year 1: $25,000 in shares upon signing

• Year 2: $30,000 in shares on 12-month anniversary

• Year 3: $50,000 in shares on 24-month anniversary

• Year 4: $70,000 in shares on 36-month anniversary

c) Exploration Expenditures – Total: $300,000

• Year 1: $75,000 in work

• Year 2: $75,000 in additional work (total $150K by Year 2)

• Year 3: $100,000 in additional work (total $250K by Year 3)

• Year 4: $75,000 in additional work (total $325K by Year 4)

NSR Royalty

• Upon earning 100% interest, the Optionor retains a 2.0% Net Smelter Returns (NSR) Royalty on all mineral production from the Property

• Buydown Option: Optionee may reduce the NSR to 1.0% by paying $1,000,000 CAD to the Optionor at any time before commercial production

Property Available for Option

Contact 

Email: buyminingclaims@gmail.com