We have a Framework Agreement with the permit owner, and have finished a three months pre-feasibility study on the property;
The project comprises two exploration permits totaling ~20 km2;
Many auriferous quartz vein systems have been identified by systematic geochemical and geophysical work and surface trenching along a 7 km long and 2km wide NW trending shear zone including four major orebodies;
A small testing shaft was sunk from the surface to approximately 200m in depth at one of the orebodies. The quartz vein becomes wider and higher grade in depth: e.g. 5m wide averaging @ 13.59g/t at 120-140m deep; and about 7m wide averaging @ 29g/t at around 170m depth.