The Biga Peninsula in northwestern Turkey hosts a large number of high and low sulfidation epithermal gold-silver-(copper) and associated copper-gold porphyry deposits and prospects, associated with voluminous, Eocene-Miocene calc-alkaline volcanism and plutonism. Approximately 15 million gold-equiv oz have been discovered within the last 10 years in this area, with a number of new discoveries now in the drill-testing stage and two deposits in the development stage.

At the TV Tower property in the central Biga Peninsula, Eocene(?) to Oligocene intermediate to felsic volcanic and volcaniclastic strata and associated intrusive rocks overlie metamorphosed basement rocks of the Çamlıca Group. The volcanic sequence is broadly divisible into a lower sequence of andesitic dikes and flows intruded by monzonite porphyry stocks and dikes, a middle sequence of andesitic breccias and flows, and an upper sequence consisting largely of dacitic tuffs, flows, and epiclastic strata. The middle and upper sequences are strongly altered over an area covering several tens of km2, including argillic, advanced argillic, and massive to vuggy quartz alteration, the latter largely manifested as ledges hosted in dacitic volcaniclastic rocks. Moderate- and high-angle normal and oblique faults are common in the area and may have influenced the distribution of mineralization.

The Küçükdağ zone was drill-tested in 2010 on the basis of strong surface soil and rock sample data. The second hole returned a near-surface intercept of 136.2 m averaging 4.30 g/t Au, 15.0 g/t Ag, and 0.68% Cu. As of the date of this communication, 169 holes have been drilled to test the zone, which measures approximately 600 × 400 m and consists of a lower gold-rich zone and an upper silver-rich zone. Total mineral endowment is estimated at 966,000 indicated and 351,000 inferred gold-equiv oz.

Mineralization is strongly controlled by stratigraphy, with gold hosted primarily within a massive lithic lapilli-bearing tuff unit and silver largely constrained to an overlying fluvial-lacustrine sequence capped by andesite breccias. Copper is distributed throughout the zone in association with both gold and silver. The zone is located primarily in the hanging wall of a moderate-angle fault that separates the dacitic volcaniclastic sequence from andesite breccias in the footwall.

Gold is associated with tectonic-hydrothermal breccias, zones of vuggy quartz and veins, and alteration minerals consisting primarily of alunite and dickite with sulfides including pyrite, enargite, and covellite. Spatially, silver is largely separate from gold, and is associated with silicification, very fine grained pyrite, and/or marcasite and enargite. Paragenetic evidence suggests that the silver event may predate the gold event, but that the two may have shared common fluid pathways.

A number of other targets are currently being explored on the property, including silicified ledge or rib-style, vuggy quartz-hosted oxide gold, Cu-Au porphyry, and low sulfidation epithermal gold-silver veins.

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