CSE SYMBOL: SRS

Stellar Project

Shamrock's Stellar Project consists of the 100% owned Stellar claims (3,174.52 ha.) and the recently announce agreement with an arm’s-length private vendor to acquire a 100% interest in the adjoining Buckley mineral claims. The Stellar Project is located approximately 25 kms southwest of Houston B.C. The combined mineral properties cover an area of 18,546 hectares, and partially surround  ML Gold’s exciting new Stars porphyry discovery.

Rationale for the Acquisition

Shamrock’s Buckley and Stellar properties lie along the northwestern margin of the Nechako Plateau in west-central British Columbia, bordering the east side of the Coast Mountains. The property borders the eastern, western and, perhaps most importantly, the northern part of ML Gold’s exciting new Stars porphyry copper-gold-silver-moly discovery. The Stars porphyry discovery represents a possible higher-grade porphyry discovery in an area of excellent access and infrastructure. Shamrock’s northern claims, including the newly-acquired tenures, cover a prominent NNE trending group of regional aeromagnetic highs that include one coincident with the Stars discovery and it’s intrusive host rocks. On February 28, 2018  ML Gold reported that drillhole #4 intersected 40.2 metres of 1.02% copper equivalent (CuEq) within a broader interval of 204 m of 0.50% CuEq close to surface.  Drilling at Stars targeted an area approximately 100m southeast of an area of previous drilling, where in 2001 drillhole DDH CS-07 intersected 142m of 0.25% copper was intersected.  The 2018 discovery hole targeted an area of elevated magnetic signature that was coincident with both IP chargeability and copper-in-soil geochemical highs.

Charles J. Grieg P.Geo., a Director of Shamrock, stated, “Speculatively, Shamrock’s northern tenures are believed to cover intrusive rocks, marked by airborne magnetic highs, which could host mineralization—these will be the main targets for this season’s exploration in the area.”

The Company recently completed detailed airborne magnetic surveys. The survey has provided Shamrock with three priority areas for ground-based exploration.  The first phase of work will include prospecting, and stream sediment and contour soil geochemical sampling.  Follow up work, if warranted, would focus on areas of coincident geophysical and geochemical anomalies and would consist of further geochemical sampling and prospecting, as well as ground-based IP (Induced Polarization) geophysical surveying, with the goal of outlining potential mineralizing systems. 

Stellar Total Mag Intensity