Finlay’s 100%-owned JJB Property covers 15,453 hectares (154 km2) of highly prospective Stikine Terrane, 150 km north of Smithers B.C, and 4 km north of the SAY Property claim boundary. The Stikine Terrane is a tectonic assemblage that hosts the metal endowment in B.C.’s Golden Triangle, the Toodoggone District, and the Skeena Arch. The JJB Property straddles the western margin of the relatively underexplored, 135-km-long, “Bear Lake Corridor” of Stikinia, a tectonic position analogous to American Eagle Gold’s Nak Cu-Mo ± Ag ± Au porphyry prospect, 90 km to the south. The Bear Lake Corridor hosts several volcanic redbed / sediment-hosted Cu ± Ag showings and prospects including the Copperline and Red Spring prospects. Porphyry prospects throughout the region are associated with post-accretionary Cretaceous – Eocene intrusions in both Stikinia (e.g. Imperial Metal’s Cu-Mo Porphyry Bear Lake Project) and overlying Bowser Basin sediments to the west (e.g. HDI Quartz Mountain’s Cu Porphyry Jake Project).
The JJB Property is a prospective, greenfields-stage, copper exploration project with a limited work history. Most importantly, the geological setting at JJB is analogous to mineral deposits within the Bear Lake Corridor. Historic work programs have identified three Cu +/- Ag-Au-Mo showings on the Property: Squingula, Quin and Pat. The former two showings surround a mapped Eocene intrusion on the west side of the property, which is coincident with a magnetic high. There is a traditional porphyry signature magnetic low present around this magnetic high, that is also coincident with an iron oxide anomaly. The intrusion, magnetic anomaly and iron oxide signature are all associated with a multi-element geochemical anomaly, outlined from limited sampling. Mineralization appears to be controlled by major northwest trending structures and east-west cross structures. Zones of known mineralization occur where these structures overlap. Quaternary till, alluvium and colluvium cover the valley bottoms on the property and JJB staking included these areas where the aforementioned interpreted mineralizing structures are inferred to exist.
Initial work will be focused on low-cost reconnaissance exploration across the property to highlight potential new mineralized zones (e.g. aeromagnetic and IP surveys, prospecting, soil and biogeochemistry sampling and geologic mapping). An airstrip is located within 10 km of JJB, and nearby logging roads connect with the communities of Smithers and Fort St. James. The property is accessible by helicopter.
