Valley High Ventures Ltd.

Mt. Polley Area Properties

Local Geology

The Mt. Polley Area properties are predominantly covered by a blanket of glacial till, which complicates geological interpretation in the area; bedrock is very poorly exposed. On the Lloyd claim where most prior work has been focussed, rock types are basic to intermediate varieties of volcanic breccias, tuffs, flows and minor epiclastic rocks, in part post mineral, as well as intrusive rocks potentially associated with mineralization. Intrusive rock outcrops have been located in the central part of the claim as well as near its southern boundary. Airborne magnetic and radiometric surveys indicate that the intrusive, which contains magnetite and has a positive radiometric response due to the K-feldspar content, may extend more than 1.0 km north onto the Lloyd claims. A detailed ground IP survey (completed in 2006) suggests that a number of chargeability anomalies underlie the post mineral volcanic rock sequence at reasonably shallow depths.

The alteration seen at the Lloyd claim includes pervasive salmon pink-coloured potassic feldspar and also chlorite-epidote which usually occurs along fractures. Strong K-feldspar alteration, brecciation and disseminated (1-10%) pyrite and minor finely disseminated chalcopyrite were noted in intrusive rocks below volcanic cover in drilling completed in 2000.

The other claim groups have received much less previous exploration and so knowledge of their local geology is less understood, however none the less prospective.