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Sherridon
VMS Property
The
Sherridon VMS Property covers an area of
over 20,876 hectares and hosts the
past-producing Sherridon Mine that was
operated by
Sherritt Gordon Mines from 1933 to 1950
and produced 7.7 million ones of ore
with recovered grades of 2.46%
copper and
0.8% zinc.
Results from an airborne geophysical
survey completed in the summer of 2006
identified an additional 122 targets.
Over 25,000 m
of diamond drilling have been completed
since November 2006 and drilling
continues year-round. A NI43-101
compliant
resource estimate for the Sherridon
Jungle Lake Zone has been filed on SEDAR
and resource calculations are planned
for the nearby
Cold, Lost and Bob Zones. The property
is located only 70 km northeast of the
mining and metallurgical complex in Flin
Flon operated by HudBay Minerals
Inc. Future development of the property
is facilitated by the presence of an
all-weather road and
railroad access as well as a
power line and communications tower.
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West
Red Lake Gold Property
The West Red Lake Property is located about 32 km west
of the prolific Campbell and Red Lake
Mines and comprises
15 square kilometers unexplored since
the 1930's. |
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Duport Gold Property
The Duport Project
is located on Stevens Island in Shoal
Lake, 45 km southwest of the Kenora,
Ontario. and
hosts a resource of 316,000 ounces of
gold, based on 3.8 km of underground
development and 81 km of core drilling. |
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