Sceptre Gold Project

Project Snapshot

Ownership:

ALX 100%

Size:

12 claims totaling ~6,226ha acquired by staking in 2020.

Location:

125km east of La Ronge, Saskatchewan and ~32 km south of the SSR
Mining’s Seabee/Santoy gold mining operations.

Sceptre Gold Property: Location Map
Sceptre Gold Property: Location Map

Regional Significance

  • Located within the Glennie Domain, where over 80 gold occurrences have been identified, the majority of which appear structurally controlled and associated with multi-stage quartz-calcite veins related to a series of greenstone belts. (Delaney, 1992)

  • In close proximity to the SSR Mining’s Seabee and Santoy gold mines. Seabee began mining in 1991 followed by Santoy in 2014.

  • The Sceptre project covers several gold and base metal showings within the north-south trending Prongua Lake Volcanic Belt.

2024 Exploration Plans

  • Currently no exploration plans for 2024.

Exploration Summary

  • Three gold showings ~3,00m apart from north to south have been identified:

    1. Yak: exposed across nine trenches and is hosted by sheared gabbroic rocks. Grab samples extracted from the trenches range from 0.13 g/t Au to 6.63 g/t Au.
    2. Fish Dot: 4 grab samples from quartz veins assayed as high as 16.06g/t Au.

      6 channel samples, each 0.5 m in length, returned 1.19 g/t Au to 7.84 g/t Au.
      1 sample near the southern property boundary returned 0.74 g/t Au.

    3. Wood Lake: A zone of silicification associated with a contact unit within the metavolcanics returned up to 3.53 g/t Au.

       

Sceptre Gold Property: Gold Showings
Sceptre Gold Property: Gold Showings

National Instrument 43-101 Disclosure
The technical information on this web page has been reviewed and approved by Sierd Eriks, P.Geo., Technical Advisor to ALX, and/or Jody Dahrouge, P.Geo., Technical Advisor to ALX, who are Qualified Persons in accordance with the Canadian regulatory requirements set out in NI 43-101. Readers are cautioned that some of the technical information described on this web page is historical in nature; however, the historical information is deemed credible and was produced by professional geologists/geoscientists in the years discussed.

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