TV Tower
TV Tower is an epithermal gold-silver-copper property located close to established infrastructure. Discovered by Teck and Pilot Gold team members (formerly of Fronteer Gold), the project has two gold discoveries to date and numerous untested targets. Drilling at TV Tower has returned some of the highest-grade gold, silver and copper intervals ever reported in northwestern Turkey.
Favourable location, mining-friendly jurisdiction
The road-accessible project resides within the Biga District of northwest Turkey, an area featuring numerous open pit coal, silica and clay mines, ceramics factories and a major power plant. The project has an extensive road network and drill targets all lie on land administered by Turkey’s Ministry of Forestry. There are no settlements or agriculture on the property. TV Tower is located adjacent to Alamos Gold's Kirazlı¹ gold project and 20 kilometres to the northwest of Pilot Gold's Halilağa project.
Teck partnership
Pilot Gold is project operator at TV Tower and can increase its interest in the project to 60% through sole-funding of a $21-million exploration program over a three-year period. As of January 2013, Pilot Gold had completed its first-year work commitment. TV Tower is a joint venture between Pilot Gold (40%) and Teck Madencilik Sanayi Ticaret A.Ş. (60%), a Turkish subsidiary of Teck Resources Limited (“Teck”).
Favourable geology
The project is largely covered by tertiary intermediate to felsic volcanic rocks, which were subject to extensive hydrothermal alteration. The area is host to a large number of gold-silver targets, including examples of high sulphidation and low sulphidation epithermal mineralization, with the potential for hosting copper-gold porphyry mineralization at greater depth.
Two discoveries, numerous untested targets
First-pass drilling in 2010 resulted in new discoveries at the Küçükdağ (“KCD”) and Kayalı targets, which host high sulphidation epithermal gold systems. Ongoing exploration by Pilot Gold continues to uncover robust new targets, including the Columbaz low sulphidation epithermal gold-silver vein target, where float samples of the vein have returned up to 92 g/t gold and up to 396 g/t silver.
In 2012, Pilot Gold completed an aggressive exploration program that consisted of 14,440 metres of diamond core drilling at the KCD target, property-wide airborne magnetic/EM geophysical surveys and ongoing surface mapping and geochemical sampling. Drilling at the KCD target returned high-grade intercepts (227 g/t gold over 12 metres in KCD-50) as well as long intervals of gold mineralization (5.94 g/t gold over 137.1 metres in KCD-39) in a zone that also contains significant silver and copper. A near-surface zone of silver-only mineralization that partially overlies the high-grade gold-silver-copper zone has also been identified.
The Kayalı target is a high-sulphidation, shallow oxide gold target located approximately eight kilometres south the KCD target. Discovery hole KYD-01 returned 0.87 g/t gold over 114.5 metres from a depth of 4.5 metres, including 2.85 g/t Au over 15.4 metres. The Columbaz target is located approximately two kilometres south of the KCD target. This target consists of low-sulphidation gold-silver bearing veins that have been traced discontinuously over an east-northeast strike length of up to 1,000 metres. Veins are up to 10 metres thick in some locations, and float samples of the vein have returned up to 92 g/t gold and up to 396 g/t silver.
For a table of 2012/2013 drill results relating to gold mineralization, please click here.
For a table of 2012/2013 drill results relating to silver mineralization, please click here.
Our focus today
Pilot Gold plans to drill an additional 30,000 metres at TV Tower in 2013, including 15,000 metres at KCD, 7,500 metres at Kayalı and 7,500 metres at Columbaz. We have also initiated metallurgical testing at KCD, and have begun preliminary engineering, environmental, and economic studies on TV Tower.
1 The proximity to Alamos Gold’s Kirazlı project does not mean Pilot Gold will obtain similar results at its TV Tower project. TV Tower is an early stage development project without any current resource estimates and there is no certainty that any such resource estimates will ever be established.
Regional geology
The TV Tower property is located in the south-central portion of the Biga Peninsula in Western Turkey, a lithologically and structurally complex region with a long history of industrial mineral (clay, silica, coal, dimension stone), gold and base metal mining.
The basement rocks of the Biga Peninsula consist of Paleozoic metamorphic rocks and Mesozoic accretionary mélange consisting of eclogitic, clastic and carbonate rocks. Intrusive rocks ranging from granite to quartz diorite cut these basement rocks, which are in turn overlain by calc-alkaline and alkaline Oligocene-Miocene volcanic and related sedimentary rocks ranging in age from 35-23 Ma. The Miocene volcanic suite includes andesite, latite, dacite, rhyodacite flow dome facies and volcaniclastic sequences (including ignimbrites), and is the primary host for epithermal gold and silver mineralization within the Biga Peninsula. This sequence is often intruded by co-magmatic quartz diorite to quartz monzonite bodies, giving rise to associated Cu-Au porphyry and skarn mineralization.
Structural geology
The structural geology of the Biga Peninsula is complex and poorly understood. One of the main difficulties arises from the fact that the region is a transtensional zone subject to active dextral strike-slip faulting and N–S extension. The active faults in the region are oriented NW-SE, NE-SW and E-W.
The most prominent faults are a number of NE–SW-trending dextral strike-slip fault systems that represent branches of the North Anatolian Fault Zone (e.g., Yenice-Gönen and Etili faults). The second group of faults comprise E–W-trending normal faults. They commonly occur along the northern margin of the Gulf of Edremit and along the southern margin of Lake Manyas. NW–SE-trending faults are interpreted as synthetic Riedel shears related to the North Anatolian Fault Zone.
NE–SW-trending faults controlled both sedimentation and volcanic activity during the Oligocene–Early Miocene period when the lower volcanic association and coeval sediments were deposited. Late Miocene Ezine alkaline basalts are common along E–W-trending normal faults, thus suggesting a possible feeder relationship.
All post-basement volcano-sedimentary sequences show a clear tilt to the NW, N or NE by 20 to 35 degrees which is more pronounced in the vicinity of major structures. Tilting of the rocks could be due to movement related to the North Anatolian Fault System.
Local Geology
Lithology:
The geology at TV Tower comprises Cretaceous-aged metamorphic basement rocks on the western and eastern edges of the property and Eocene sedimentary rocks over the rest of the property. The latter are intruded by Tertiary intrusive rocks in the southern portion of the property, and overlain by dominantly Neogene calc-alkaline volcanic rocks. The volcanic rocks largely comprise ash and lapilli tuff, which are enveloped by feldspar porphyritic flows. All rock types are variably altered, brecciated and mineralized, and display a range of intensities of brittle deformation.
Structure:
The TV Tower area is highly influenced by structures which relate to or which are part of the North Anatolian Fault System. The general architecture of the faults is controlled by major ENE-WSW trans-tensional structures. Local transpression has been interpreted for the TV Tower area, reactivating preexisting extensional structures. Within this regional transtensional regime, local restraining and releasing bends and oblique extensional relay ramps could represent key elements which increase structural permeability and control the emplacement of porphyry and epithermal mineral deposits.
Alteration:
Alteration at TV tower is typical of high sulphidation gold and porphyry copper gold systems. In the eastern half of the property, ridges and peaks are underlain by massive to vuggy silica “ledges” representing silicification along more permeable volcanilithic strata, alternating with argillic and advanced argillic altered volcanic rocks. Clay alteration includes kaolinite, dickite, alunite, pyrophyllite, and illite. Disseminated pyrite or related oxides (limonite, goethite, hematite etc.) is found throughout the area. Alteration in the western portion of the property appears to represent deeper levels of the mineralized system, with fewer silica ledges and areas of sericite alteration possibly transitional into a porphyry environment.
Breccias:
A variety of breccia types are present at TV Tower, including breccias related to volcanic processes as well as breccias related to hydrothermal activity.
Mineralization
To date, eight targets have been defined by a combination of geophysical, geochemical and geological methods. Six targets are epithermal (Kücükdag, Kayali, Sarp, Nacak, Kestancilik and Tesbihcukuru) and two are porphyry-related (Gemusluk and Kiraz).
Kücükdag target is located in the northern part of TV Tower property. The area is underlain by a sequence of gently north-dipping agglomerate to fine-grained volcaniclastic rocks that are overlain by intensely silicified felsic ash tuff and ash-lapilli tuff, with welded tuff at higher elevations and feldspar porphyry flows at lower elevations. Of particular significance are rare laminated tuffaceous rocks (lake bed sediments?) that are intercalated with other lithologic types; these are the primary host for mineralization.
A broad 750 m x 100 m zone of strong silcification and weak brecciation is present at the Kücükdag target, hosted primarily within the laminated tuff unit. Surface rock sampling in this area returned a high of ~50 g/t Au and up to 100 ppm Ag. Pathfinder elements including Ba, Sb, As, Te and Ga are also elevated.
Initial drilling at Kücükdag returned some of the best gold intercepts reported to date in the district, including 57.8 metres of 9.51 g/t gold within a broader interval of 136.2 metres of 4.28 g/t gold in drill hole KCD-02. The high-grade gold intercepts were returned from a hydrothermal breccia zone located within the laminated tuff unit. Wall rocks and clasts are strongly silicified and pyritized. Breccia cement includes silica, pyrite, enargite barite and dickite, representing numerous pulses of hydrothermal fluids. Gold is most closely related to pyrite and enargite. The dimensions of the breccia zone have not yet been determined.
A few kilometres to the south of Kucukdag, the Sarp target occupies a prominent ridge. This target is characterized by extensive massive to vuggy silica ledges underlain by argillic to advanced argillic-altered and pyritized rocks. Drill testing in this area is in progress.
Kayali/Nacak target is situated in the southern portion of the TV Tower property. Two different sequences of lapilli and ash tuff are present, separated by feldspar porphyry flows.
The Kayali target includes a number of stacked vuggy silica and massive silica ledges and strong advanced argillic to argillic alteration over a 2 km x 1.5 km area. Silica ledges appear to have been developed in lapilli and ash tuff layers. Gold mineralization is hosted mainly within an E-W trending zone with silica and pyrite-cemented crackle breccias. Rock channel samples returned values in the range of 1 to ~10 g/t Au. Drilling to date has returned up to 114.5 metres averaging 0.87 g/t gold.
Targets on the west side of the TV Tower property include the Gemusluk and Kiraz targets. These targets are largely defined by anomalous copper and gold samples from widely-spaced soil lines. Clay alteration and strongly disseminated pyrite are present throughout this western area, developed both in basement rocks and overlying volcanic rocks. Local areas of phyllic alteration are also present.
Drilling at TV Tower began in 2010 and consisted of an initial 4,100 metres, highlighted by 57.8 metres of 9.51 g/t gold within a broader interval of 136.2 metres of 4.28 g/t gold in drill hole KCD-02 at the KCD target.
By 2011, six additional targets were identified for detailed follow-up and more than 14,000 metres were drilled at KCD and two additional targets (Kayalı and Sarp). The discovery hole at the Kayalı target (KYD-01) returned 114.5 metres averaging 0.87 g/t gold in oxide.
Pilot Gold became operator of TV Tower as part of an earn-in agreement announced on June 21, 2012. As operator, Pilot Gold completed an aggressive exploration program in 2012 that consisted of 14,440 metres of diamond core drilling at KCD, property-wide airborne magnetic/EM geophysical surveys and ongoing surface mapping and geochemical sampling. Pilot Gold elected to focus drilling in 2012 on testing and expanding the known gold mineralization at the KCD target identified in previous drill campaigns.
Gold highlights from Pilot’s 14,440 metre, 2012 drill program at KCD include:
- 5.94 g/t gold, 12.6 g/t silver, and 0.53% copper over 137.1 metres in KCD-39, including 18.88 g/t gold, 13.1 g/t silver and 1.36% copper over 27.0 metres;
- 227 g/t gold over 12.0 metres in KCD-50;
- 2.33 g/t gold over 93.5 metres in KCD-75, including 17.4 g/t gold over 3.5 metres; and,
- 6.59 g/t gold over 34.2 metres in KCD-80, including 42.0 g/t gold over 3.7 metres.
A near-surface zone of silver-only mineralization that overlies the high-grade gold-silver-copper zone was also targeted. Silver highlights from KCD include:
- 69.8 g/t silver over 110.6 metres in KCD-66, including 87.1 g/t silver over 71.0 metres;
- 52.1 g/t silver over 111.8 metres in KCD-68, including 150 g/t silver over 8.3 metres;
- 85.9 g/t silver over 135.5 metres in KCD-94, including 1389 g/t silver over 4.8 metres;
- 102 g/t silver over 73 metres in KCD-101, including 260 g/t silver over 20.3 metres.
For a table of 2010/2011 drill results, please click here.
For a table of 2012/2013 drill results relating to gold mineralization, please click here.
For a table of 2012/2013 drill results relating to silver mineralization, please click here.
As presently tested by drilling, the gold-silver-copper zone measures approximately 400 x 250 metres and is open down-dip to the north and to the northwest. Mineralization is hosted in breccias, veins and zones of vuggy silica, largely contained within a zone of massive lithic lapilli tuff. The silver zone measures approximately 600 x 400 metres and is open to the north and west. Silver mineralization is hosted largely within a zone of fluvial-lacustrine sedimentary rocks that overlies the lithic lapilli tuff unit. Portions of the silver zone are extensively oxidized.
Pilot Gold plans to complete 30,000 metres of drilling at TV Tower in 2013, with a focus on the KCD, Kayalı and Columbaz targets. Additional targets may also be tested. We have also initiated metallurgical testing at KCD, and have begun preliminary engineering, environmental, and economic studies on TV Tower.
Click on the links below to view technical reports on the TV Tower Project.