Top Cat covers approximately 240 sq. km. in north-central BC. The property adjoins the western margin of
Upon completion of the 2019 field mapping and sampling program at Top Cat, Serengeti completed a detailed historical data compilation which resulted in the accumulation of 632 rock, and 4,547 soil samples; 69 drillhole logs and related assays from
Cat Mountain DDH Compilation, 3D Modelling and Targeting
Nova PGE Analysis, Petrography and Targeting
Nova is located in the northern Top Cat property area and is largely overlain by till locally containing angular mineralized magnetite-sulphide bearing 'skarn' boulders. The area is characterized by three or more intense magnetic anomalies measuring up to 500m by 800m each. Historical boulder samples assay up to 0.52% Cu, 0.327 g/t Au, 4.4 g/t Ag, 0.071 g/t Pt and 0.498 g/t Pd (BCMEMPR Assessment Report 37051).
Platinum-group element ('PGE') analysis completed on a magnetite-sulphide 'skarn' boulder ('PGE-skarn sample') collected by Serengeti proximally west of the central magnetic anomaly recently returned 1.39% Cu, 0.69 g/t Au, 6.45 g/t Ag, 0.21 g/t Pt and 1.38 g/t Pd.
Petrographic analysis of the PGE-skarn sample describes a massive skarn dominated by actinolite with lesser magnetite-(ilmenite) and apatite, with a few skeletal interstitial grains of hornblende, scattered patches of chalcopyrite and less abundant bornite altered to covellite. Actinolite is largely interpreted as an alteration product, and when considered with the presence of primary and secondary magnetite associated with copper minerals, suggests magnetic features at Nova may represent the presence of a Cu-Au-PGE bearing pyroxenite or skarn-hosted system.
Soil sampling completed in 2019 identified a strong Cu-Ag anomaly along the fringe of one of the magnetic anomalies, and an interpreted south-southwestern glacial ice flow direction supports the hypothesis that mineralized till boulders may be sourced from 'plug'-like magnetic features following the northwestern trend observed at Nova.
About
Serengeti is a mineral exploration company managed by an experienced team of professionals with a solid track record of exploration success. The Company is currently advancing its majority-owned, advanced Kwanika copper-gold project and exploring its extensive portfolio of properties in north-central
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Sample analysis for the 2019 Top Cat program was completed at
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This document contains 'forward-looking statements' within the meaning of applicable Canadian securities regulations. All statements other than statements of historical fact herein, including, without limitation, statements regarding exploration plans and other future plans and objectives, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and future events and actual results could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from our expectations as well as a comprehensive list of risk factors are disclosed in the Company's documents filed from time to time via SEDAR with the Canadian regulatory agencies to whose policies we are bound. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and we do not undertake any obligation to update forward-looking statements should conditions or our estimates change, other than as required by law and readers are further advised not to place undue reliance on forward-looking statements.
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