Properties Available for Option

Yukon

  
TOE PROPERTY, YUKON
“MINTO-TYPE” IOCG TARGET
QUALIFYING TRANSACTION PROPERTY AVAILABLE FOR OPTION

The 1,587 hectare Toe property is located 45 km west of Pelly Crossing and 90 km northwest of Carmacks, which is 175 km by paved highway north of Whitehorse, Yukon Territory. The Toe property lies within the central portion of the Carmacks copper-gold belt, a 180 km by 60 km-wide north-northwest trending mineralized belt of similar intrusion-hosted copper-gold mineralization. The belt includes the Minto Mine of Capstone Mining Corporation and the Carmacks Copper deposit, both hosted by the Early Jurassic Granite Mountain Batholith. The Toe property lies 12 km northwest directly along trend from the Minto Mine, which went into commercial production October 1, 2007 and has a measured and indicated resource (to NI 43-101 standards) of 29.9 million tonnes grading 1.22% Cu, 0.46 g/t Au and 4.4 g/t Ag using a cutoff grade of 0.5% Cu.
 

PEPPER PROPERTY, YUKON
“MINTO-TYPE” IOCG TARGET
QUALIFYING TRANSACTION PROPERTY AVAILABLE FOR OPTION

The 669 hectare Pepper property is located approximately 45 km west of Pelly Crossing and 95 km northwest of Carmacks, which is 175 km by paved highway north of Whitehorse, Yukon Territory. The
property lies within the central portion of the Carmacks copper-gold belt, a 180 km by 60 km-wide north-northwest trending mineralized belt of similar intrusion-hosted copper-gold mineralization. The belt includes the Minto Mine of Capstone Mining Corporation and the Carmacks Copper deposit, both hosted by the Early Jurassic Granite Mountain Batholith. The Pepper property lies 17 km northwest directly along trend from the Minto Mine, which went into commercial production October 1, 2007 and has a measured and indicated resource (to NI 43-101 standards) of 29.9 million tonnes grading 1.22% Cu, 0.46 g/t Au and 4.4 g/t Ag using a cutoff grade of 0.5% Cu. 
 

last updated: July 22, 2009