Sokoman Acquires District-Scale Property in NW Newfoundland: Fleur de Lys Project Targets Dalradian-Style Orogenic Gold
Summary
The property is underlain primarily by Late Precambrian-Early Cambrian metasedimentary rocks of the Fleur de Lys Supergroup, locally cut by a regional suite of Silurian intrusions. The Fleur de Lys metamorphic terrane lies immediately west of the Baie Verte – Brompton Line (BVBL), a major Appalachian-Caledonian crustal-scale structure, marked by ultramafic remnants of ophiolite complexes. Similar metamorphosed and deformed continental margin sediments, equivalent to parts of the Fleur de Lys Supergroup, occur in the same tectonic position relative to the BVBL in northern UK, and contain structurally controlled, vein-hosted orogenic gold deposits. Currently, all of Newfoundland’s gold production comes from the Baie Verte Peninsula; the largest of these is Anaconda Mining Inc.’s Point Rousse operation, which lies less than 8 kilometres from the property boundary. Jacobs, W, 1991: First year assessment report on geological and geochemical exploration for licence 3999 on claim blocks 6992-6993 in the Wild Cove Pond area on the Baie Verte Peninsula, Newfoundland.