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Kisa Gold Mining, a wholly owned subsidiary of Gold Crest Mines, Inc., has assembled an impressive portfolio of 8 highly prospective, early stage, grass roots exploration properties in Alaska. KGMI initiated an active, aggressive exploration program in late 2006 and controls approximately 37,560 acres in three different and distinct areas. The claim groups provide excellent gold exploration opportunities and were acquired based on the company’s extensive database of historic and recent geochemical and geophysical data. In southwest Alaska, KGMI has established claim groups in two broad areas within the prolific Kuskokwim Mineral Belt which hosts the +29 million ounce Donlin Creek deposit and other significant deposits. The projects lie within a structurally complex flexure zone within a series of crustal-scale wrench faults. Deformation associated with the flexure zone appears to be important in the location of both igneous rocks and their associated mineralization. Late Cretaceous to Tertiary granitic porphyry intrusions, typically dikes and sills, and isolated stocks are common in the project area, as are higher level volcanic centers. Gold mineralization exhibits close spatial and temporal relationships with these igneous complexes and typically has an As-Sb-Bi-W or Au-As-Hg-Sb pathfinder element association similar to other Pacific Rim and Kuskokwim Mineral Belt precious metals systems. Kisa Project |
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