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Gracie West JV Overview | Background | Geology and Mineralization | 2008 Program | Future Exploration Project Overview
Background In 2004, Queenston and KL Gold formed a 50%-50% JV to explore the western portion of the Kirkland Lake camp on property that both parties held varying interests dating back to the 1970’s. The property is adjacent to the KL West property where the parties are exploring for the western continuation of the Kirkland Lake Main-04 Break. The property comprises 21 patented, lease and unpatented claims. 
First exploration dates back to the 1920’s and 1930’s when surface prospecting and limited drilling targeted a variety of structures. No modern exploration was conducted prior to the formation of the JV.
The Gracie West property is underlain by Timiskaming assemblage sedimentary and tuffaceous units striking generally at 60 degrees. The sequence dips 50 to 70 degrees south and faces south and is cut by a substantial (450 to 550 m wide), stock of mafic syenite in the central part of the property that is crudely subparallel to the regional, east-northeast-trending deformation. Other intrusive rocks include late biotitic lamprophyres, Matachewan diabase dykes, and, syntectonic syenite porphyries. Structurally, the property covers two of the main deformation features in the Kirkland Lake camp – the Kirkland Lake Main Break in the north part of the property.
Exploration on the Gracie West property commenced in late 2004 with a linecutting program followed by prospecting , magnetic and Induced Polarization surveys and diamond drilling (3 holes / 893 m) during 2005. The first hole was designed to test a shear zone containing anomalous gold (1320 ppb) and returned no significant values. The second hole was drilled to test the interpreted Main / 04 Break and intersected an altered corridor associated to the break at a tuff-sediment contact containing no significant gold values. The third hole was planned to test an unnamed break south of the mafic syenite body and encountered a 30 foot wide shear zone in tuff returning no gold values greater than 100 ppb.
Future exploration will be carried out in conjunction with a larger program on the combined KL West – Gracie West properties.
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