| MOUNT SKINNER GOLD PROPERTY - SUMMARY DESCRIPTION Located in central British Columbia 260 km west of Williams Lake by road (see map) the 4300 acre Mt Skinner gold property hosts a one mile long system of en-echelon intrusive-hosted shear-controlled gold-quartz veins and lenses, as well as several possible additional targets for gold, copper and molybdenum. To date, less than 10% of the system strike length has been investigated by drilling, trenching or underground development. The property was discovered in 1990 during a regional geochemical survey conducted by Ottarasko Mines Ltd., the parent company of Mount Skinner Gold Corp. . Work to date consists of prospecting, geological mapping, geochemical and geophysical surveys, hand and mechanical trenching, diamond drilling (15 holes totalling 939 metres), underground development and bulk sampling (773 tons of ore averaging 1.674 oz/ton Au ). Of the current cumulative exploration expenditures on the property ($785,000), nearly $750,000 have been spent on the westernmost extremity of the system, where the discovery vein (the Victoria Vein) is located. This section is nearest to the valley floor, and therefore most readily accessible by road. A number of occurrences found further up the mountainside have not been investigated at all. The various geophysical and geochemical surveys performed on the property so far cover less than half of the known strike length of the gold system, and the recommendations and targets they outlined were never followed up. Consequently the property has considerable potential for further grassroots exploration, and requires additional drilling and underground development in the vicinity of the Victoria Vein. |
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