EXPLORATION POTENTIAL

  • The Company is currently integrating a comprehensive underground and above ground geological database of the Project area into a 3-D working model to assess the Project’s exploration potential and future exploration plan. A ground geophysical survey is upcoming and coupled with other field programs will help assess the exploration potential; applying modern exploration techniques to the Project for the first time.
  • Past recommendations from third party qualified persons and persons that have evaluated the project speak of strong exploration potential; examples of some recommendations include:
  • Blackhawk Mine / Curlew Vein – The Curlew vein strike’s east-west through the Project area but has never been tested further than the western sector of the Project area. Areas where the vein projects into the Revett quartzite beds would be a strong target. Although production is limited on the Curlew vein, it is structurally similar to some of the most productive veins in the Silver Belt portion of the Coeur d’Alene district.
  • Veins in the northern part of the Blackhawk mine need to be tested on dip in the quartzite
  • The Tony vein, which produced over 4 million tons of high grade ore at the neighbouring Page Mine, was apparently not detected east of the Page Mine shaft by ASARCO. There is potential the Tony vein may be present in the footwall of the Curlew vein
  • Ore potential remains evident below the Ranger mine / Wyoming Mine remaining wide open on dip and also the eastern extensions of the mine supported from USGS geological mapping showing a vein above the Ranger Tunnel in the central portion of the property that was not found in the Ranger Tunnel, possibly because the Ranger Tunnel did not extend far enough; also, noted were numerous veins not mined in the Tunnel that might develop into ore shoots in favourable lithologies.
  • Unmapped extensions of northwest-trending Bluebird-type veins at Bunker Hill may also be present on the Project in the Revett formation. The Bluebird-type veins were the main productive veins at Bunker Hill. Very large ore shoots occur in the Bunker Hill mine where the east-northeast veins intersected Bluebird-type veins in the Revett formation.