Gun Creek Project - On Sale!

Project Highlights

Location & Historic Production
The property is located in Gold Bridge Mining Camp approximately 90 kilometres West of Lillooet, in central British Columbia, Canada.
Gold Bridge Mining Camp produced over 4,000,000 oz of gold from high grade hard-rock mines.
The largest nugget recovered from the local placers weighed 404 grams.

Tenures:
955758 and 998134 - Available for sale
955757 - SOLD, 1024570 - SOLD, 1024579 - SOLD, 1013071 - SOLD, 1047806 - SOLD.

Project details

1. Placer dimensions
Combined tenures 955758 and 998134 length along the Gun Creek is 2.5km. Benches are 40 - 80m wide. Bedrock is exposed in places along the creek.
Total property area: 122 ha

2. Sampling results / estimated gold grade
Best hand samples returned grades from 0.4 g/m3 to 1.9 g/m3. Samples volume was between 0.1 and 0.3 m3 of bank material.

2.0 m3 of bank material sample was washed on tenure #998134 (see the pictures below).
Bedrock has not been reached. The sample yielded 1.9 grams of gold.

Gold was fairly evenly distributed through 5 feet thick paygravels.
As the bedrock was not reached, the actual payzone thickness may be well over 5 feet.
Higher grade and coarser gold is expected at the gravel-bedrock contact.

References
1. Jewel
One assay gave a high of 75.4 grams per tonne gold; another sample assayed 54.2 grams per tonne gold and 34.3 grams per tonne silver (Minister of Mines Annual Report 1937, page F9). From 1938 to 1940, 51 tonnes of ore was processed yielding 3732 grams of gold, 404 grams of silver and 199 kilograms of copper.
2. Robson
In 1986, a 0.79 metre diamond-drill interval assayed 468.95 grams per tonne silver and 45.24 grams per tonne gold (Assessment Report 15119).
3. Minto Mine
The Minto mine was in operation from 1934 to 1940 during which time over 2130 metres of underground work was done, and a total of 80,650 tonnes of ore grading 6.8 grams gold and 19.9 grams silver per tonne was produced.
4. Congress Mine
Probable reserves at Congress are 146,000 tonnes grading 6.85 grams per tonne gold (George Cross News Letter No.56 (March 19), 1996).
5. Wayside Mine
Drill indicated reserves at the Wayside mine (likely New Discovery, 092JNE121) are 283,950 tonnes grading 3.43 grams per tonne gold, 2 per cent copper and 2.5 per cent zinc (Canadian Mines Handbook 1989-90, page 36; 1992-93, page 69).
6. Haylmore placer
At the mouth of the Hurley River, from the eastern rim, "over 1000 ounces" (over 31,000 grams) of coarse gold is reported to have been recovered from serpentine bedrock or high rim (banks?) gravels. The largest nugget weighed 404 grams, but more common were 31 to 150 gram nuggets (Geological Survey of Canada Memoir 213).
7. Bralorne
Bralorne Pioneer Gold Mines Ltd., in a joint venture with International Avino Mines Ltd., plans to re-open the historic Bralorne mine encompassing the combined Bralorne, Pioneer (092JNE004) and Loco (092JNE164) properties, following issuance of a Mine Development Certificate in March 1995. Initial underground mining will be from the formerly producing Bralorne 51 vein area where detailed exploration programs, in recent years, have outlined proven, probable and possible reserves of 570,000 tonnes grading 8.22 grams per tonne gold. Proven and probable reserves above the 800 level and readily available for extraction total 432,500 tonnes grading 10.63 grams per tonne gold. There are also reserves of 549,125 tonnes grading 9.26 grams per tonne gold below the 800 level (Information Circular 1997-1, page 20). The nearby Countless vein on the Loco property has 110,000 tonnes probable and possible reserves grading 17.1 grams per tonne gold. More information can be found at http://en.wikipedia.org/wiki/Bralorne,_British_Columbia: The Bralorne Mine operated from March 1932 until 1971. In that time 3 million ounces of gold were refined from its adits.
8. Lucky strike
Assays across 163 centimetres grade 25.0 grams per tonne gold, 96.0 grams per tonne silver and 4.7 per cent zinc (George Cross News Letter No.202, 1983).
9. Peerless
In 1987, rotary drilling carried out on the Beta zone, about 300 metres east of the Peerless adit, intersected 1.5 metres of mineralization grading 58.29 grams per tonne gold and 200.92 grams per tonne silver (Assessment Report 17062).
10. Pilot
The 3-metre wide shear contains a number of narrow, parallel quartz veins altered with sericite and kaolinite. Gold and silver values are continuous along this structure for 300 metres northwest. A chip sample taken over 0.9 metre assayed 11.1 grams per tonne gold and 56.9 grams per tonne silver (Assessment Report 11877).
11. Congress (Paul)
The Paul zone contains inferred reserves (possible underground reserves) of 83,444 tonnes grading 9.6 grams per tonne gold (George Cross News Letter #26, 1986). Drill hole intersections from the Slide zone grade up to 11.3 grams per tonne gold across 2 metres (Mineral Exploration Group Meeting (Vancouver) - B.J. Cooke, 1986).