Ecum Secum Property

Nova Scotia

Ressources Appalaches acquired the Ecum Secum property in the Meguma gold district of Nova Scotia in early 2007.

The property comprises 56 claims with an area of 896 hectares. It is located about 160 kilometres east of Halifax and 40 kilometres from Sheet Harbour. Appalaches has obtained an option from Meguma Resource Enterprises Inc. and Elk Exploration Ltd to acquire 100% of the property, comprising two contiguous blocks of claims, in return for $175,000 of work over a period of three years, annual payments totalling $118,000 over three years, 50,000 shares of Appalaches upon signing, and a 2% NSR for each of the blocks, with a buyback of 2.05 million dollars.

Appalaches plans to assess the grade and tonnage of the mine tailings and the deposit itself by drilling and pitting.

A mine was operated on the property between 1899 and 1907: it produced 1,300 troy ounces of gold at an average grade of 15.6 g/t Au. The mine comprises several shafts, with a maximum depth of 71 metres, and three tunnels, but no historical resource estimate for the deposit is mentioned. In 1915, a 101-tonne sample of the mine tailings gave a grade of 6.5 g/t Au. The tailings heap still present today is about 24 metres in diameter and 16 metres high. In 2004, Meguma Resource Enterprises Inc. collected 25 samples from these tailings; 17 yielded grades range from 1 to 156 g/t Au.

The property is part of the Meguma Terrane of southern Nova Scotia, more specifically the Meguma Group and the Goldenville Formation. These are mainly sedimentary rocks of Cambrian to Ordovician age. The mineralization consists of (visible) native gold, arsenopyrite, pyrite, and galena, in quartz veins of stratiform or stockwork type in zones of intense folding. The main model proposed to account for the emplacement of these veins is that they represent saddle-reefs.

 

 

 

 

 

 

Ecum Secum Property
Nova Scotia
Canada

PHOTOS