LMSL Project

Location

  • Located 20km north of Merritt, British Columbia, Canada, in the Nicola Mining Division.

Size

  • 30 claims totaling over 8,150 hectares Exploration Upside
  • The project is host multiple zones of high grade silver with multiple samples running in excess of 2,000g/t Ag.
  • Historic mines open to depth and along strike.
  • Multiple historic mines potentially part of large mineralizingsystem.

Acquisition

  • Owned 100%

Target

  • Silver-lead-zinc mineralized polymetallic veins and;
  • Silver-lead-zinc mineralization in skarn zones up to 5 metres wide.

Infrastructure

  • Well developed network of logging roads accessing property, proximal to power and water and local labor force.

Proximal Key Projects

  • Highland Valley, Teck Resources – Largest Copper mine in Canada
  • MPD Project - Kodiak Copper - new copper-gold porphyry discovery
  • New Afton, New Gold Inc. - high grade copper - gold alkalic porphyry deposit.
 

Project Maps

Lucky Mike Area

Sunshine Area

Corona Area

History

  • Initial developed was recorded in 1925 which included open cuts, adit and a 65ft shaft.
  • In 1926 the claims were optioned to Thelma Mines Ltd which continued development work until 1930 with a 220ft shaft and drifting and crosscuts on multiple levels.
  • In 1934 Sheffield Gold $ Silver Mines Ltd was mining until a fire destroyed the head frame and building after which the claims were sold in a court order.

Mineralization

  • Silver production with ore shipments averaging 2,000g/t Ag
  • Multiple zones of polymetallic veining and skarn peripheral to copper porphyry style mineralization.
  • Breccia pipes and mineralized porphyritic intrusions

Results Summary Table

Exploration

Phase 1

  • Now underway - building extensive new digital database from all recorded historic work on the project including:
    • 75 assessment reports
    • Soils: 4860 Samples; Rocks: 291 Samples; Silts: 76 Samples
    • Drill Holes: 107 totalling 17,989 meters
    • Drill Samples: 5,700

Phase 2

  • Utilize extensive new digital database to conduct targeted exploration and drilling.

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