INDATA PROJECT

OVERVIEW

Rich Exploration Potential

  • Several high grade, drill targets identified and fully permitted
  • Additionally, porphyry targets exist

Right Rocks, Right Neighborhood

  • 3km due South and on Strike with Sun Metals Stardust Project
  • Hosts geophysical anomalies occurring in comparable Paleozoic carbonate rocks

Easily
Accessible

  • Forestry roads provide access to drill targets

  • The nearest BC Hydro power grid is located approximately 60 km to the south of the Indata Project.

INTRODUCTION

The Indata property (copper-gold) consists of 16 claims totaling 3,189 hectares (7,880 acres) is located approximately 120 kilometres northwest of the community of Fort St. James, British Columbia and 230 kilometres northwest of the City of Prince George. It is situated in and adjacent to the Pinchi Fault Zone with the northern boundary being approximately 7 kilometres south of the southernmost boundary of the Stardust Project (Sun Metals Corp. and Lorraine Copper Corp.) and 10 kilometres south of the Central Zone of the Kwanika Deposit ( Serengeti Resources Inc.). Terrain is flat to hilly with elevations varying from 940 metres (3,100 feet) to 1,290 metres (4,200 feet) entirely within a coniferous forest. The Indata property was inaccessible until 1996 when Eastfield constructed an 18 kilometre road to it. By 2018 loggers had upgraded this road and were conducting clear-cut logging operations in the southern regions of the property where logging operations can occur year round.

Originally staked by Imperial Metals Corporation in 1983 Indata was subsequently sold to Eastfield and has had ongoing exploration since1987. Two styles of mineralization exist at Indata including lode gold related to splay structures in the Pinchi Fault Zone where results have included drill intercepts of 47.26 g/t gold over 4.0 metres and porphyry copper mineralization where results have included drill intercepts of 0.20% copper over 148 metres and trench results of 0.36% copper over 75 metres. A 1 km long coincident IP chargeability and coincident copper in soil anomaly remains untested. In 1989 a separate area of high grade copper and copper-gold mineralization was identified in the northeastern sector of the property with only minimal follow-up. Here, a cluster of select grab samples returned a number of high grade results from an open-ended area of approximately 250 m in a north-south orientation (east-west width unknown). Grades can exceed 3.0% copper and 0.50 g/t gold.

Recent success at the Stardust Project by Sun Metals Corp. and Lorraine Copper Corp. including hole 421 with an intercept of 5.0% copper equivalent over 100 metres suggests that undrilled geophysical anomalies (IP Chargeability) occurring in comparable Paleozoic carbonate rocks on the Indata property have significant potential to host similar mineralization.

NI 43-101 TECHNICAL REPORT

Click on the image above to view/download our NI 43-101 Technical Report

PROJECT LOCATION

  • The Indata Project is situated in north-central British Columbia on the east side of Albert Lake. A 2-hour drive from the community of Fort St. James.
  • Developed forestry roads provide road access on the southern and eastern side of the Indata Project allowing Prophecy to mobilize drill crews and equipment at a low cost.
  • The Indata Project consists of 16 mineral claims totalling 3,188 hectares and is situated in a complex geological setting adjacent to the Pinchi Fault, a major structure separating the Cache Creek and
    Quesnel Terranes.

Ownership

  • Prophecy Mining has an option to earn into a 60% interest of Indata for a total of $2,000,000 in exploration, pay $250,000 in cash and $150,000 in cash/share equivalents over a 5-year term
Click to Enlarge
Claim Area Map. Click to Enlarge
Location Map. Click to Enlarge

GEOLOGICAL SETTING

Indata is underlain by three main assemblages which have been intruded by several intrusive entities; limestone with minor intercalated shale; basaltic andesitic volcanic rocks with minor latite and dacite deposited under marine conditions; and serpentinite derived from peridotite which may be ophiolitic in origin. It is uncertain which stratigraphic unit the volcanic rocks belong to or exactly what are the structural relationships with regards to faulted or intrusive contacts between individual units. All of the mapped units on the property with the possible exception of limestone have been intruded by dioritic or granodioritic entities. Areas of silicification in the limestone suggest that it too has been intruded by at least the younger granodiorite body.

Airborne Magnetics Map. Click to Enlarge

TARGETS

1. Carbonate Replacement Deposit (Our Focus)

  • In 1989 a separate area of high-grade copper and copper-gold mineralization was identified in the northeastern sector of the property with only minimal follow-up. Here, a cluster of select grab samples returned a number of high-grade results from an open-ended area of approximately 250 m in a north-south orientation (east-west width unknown). Grades can exceed 3.0% copper and 0.50 g/t gold.Other mineralization styles are known from elsewhere in the region.
  • Epithermal mercury mineralization in carbonate rocks occurs at the former producing Bralorne-Takla Mercury Mine, located 26 kilometres north of the Indata Project, and Pinchi Mine, located 100 kilometres to the southeast. The Stardust skarn deposit (previously known as Lustdust) is located 1.5 kilometres west.

2. Porphyry Copper

  • Porphyry copper mineralization is known on the Indata Project from the Lake
  • Zone on the east side of Albert Lake, some 500 metres west of the area of the polymetallic veins.
  • Historical Drill Result:
    • 2 metres grading 0.20% copper including 24.1 metres grading 0.37% Cu in hole 98-I-4
  • Resembles:  The Central Zone of Serengeti Resources’ Kwanika Project, located 14 kilometres north of the Indata Project which contains an indicated 57.7 million tonnes grading 0.48% copper and 0.55 g/t gold at a 0.4% copper equivalent cut-off (SRK, 2016).

3. Polymetallic Precious Metal Veins

  • “Homestake” style gold mineralization, similar to the Indata Project vein occurrences, occurs at the Snowbird deposit located near Fort St. James to the south of the Indata region, and at Mt. Sir Sidney Williams to the north of the Property. Arsenopyrite-stibnite-chalcopyrite-pyrite veins with enriched precious metals occur at these occurrences at or near the contact of mafic and ultramafic rocks.

Other Deposit Types

  • Two types of mineralization have historically been explored for at Indata

Historic Drill Result

  • – 4.0 metres of 46.20g/t Au and 2.0g/t Ag in hole 88-I-11,
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Drilling Map. Click to Enlarge

GALLERY