Ruby Red’s Gold and Base Metal Potential
The East Kootenay Gold Belt
The East Kootenay Gold Belt is a metal-rich region with strong potential for three main deposit types: lead-zinc-silver as sedex and vein deposits. gold as intrusion-related and structurally controlled deposits and sedimentary copper deposits.
The region has a rich and varied mining history. The Sullivan Mine, recognized as a sedimentary exhalative deposit (Sedex), was one of the world’s largest lead-zinc-silver producer in the area for many decades. In addition to the Sullivan Mine, significant gold has been produced from three major placer sources within the area.
Ruby Red Resources – Land Position and Mineral Potential
Ruby Red Resources is focusing exploration activity in the metal-rich East Kootenay Belt of British Columbia. Currently, Ruby Red holds 100% working interests in 144 claims all in good standing in various properties and all with gold and base metal potential. This land holding has been acquired in four block claims are all located in the Fort Steele Mining Division within 80 km of Cranbrook, British Columbia, in the Purcell and Rocky Mountains.
Ruby Red’s property has been acquired primarily for the gold potential. Using exploration work done by Placer Dome (Barrick), Cominco (Teck Cominco) and others, Ruby Red has now documented larger scale patterns for mineralization and new exploration models for gold deposits including structurally-hosted gold with similarities to Nevada gold deposits and intrusion-related gold as in the Tintina Gold Belt in the Yukon and Alaska.
In 2006, the Ransom Report (NI 43-101, March 2006) and Walker Report (NI 43-101, April 2005; revised February 2006) were completed. These reports detailed the exploration potential of The Rockies, The Purcells and The Vine properties for four styles of mineralization:
- structurally controlled gold mineralization
- intrusion-related gold mineralization
- porphyry copper-gold mineralization, and
- sandstone-hosted copper deposits.
Both reports recognized the potential of the respective properties and recommended additional exploration.
Refer to the Technical Info and Area of Activity sections of this website for more detail and exploration results. In addition, we would be pleased to provide a Technical CD.
