• 5 historical mineralized adits and production

  • High grade mineralization

  • Assays from Adit # 3 returned 1,342 g/t Ag, 0.38 g/t Au, 37.1% Pb

  • Adit #5 tested @ 1,000 g/t Ag, 0.42 g/t Au,30.2% Pb

  • Drill intersection returned 3,610 g/t, 1.33% Cu over 0.36 m

  • Hidden vein float discovery 200 m west of Iron Cap adits assayed 3,928 g/t Ag and 3.97% Cu


Development on the Iron Cap claims occurred 1898-1901 targeting veins of high grade galena (Pb) with tetrahedrite (Ag) discovered on a north-south trending, east-facing ridge. Mineralization was developed by 5 adits (total drift length of 325 m) and two winzes over a vertical interval of 250 m and a horizontal distance of 400 m north-south.

Adit
No.
# Sample
Averaged
Elevation Ag Au Cu Pb Fe S
m g/t g/t % % % %
1 1 2666 184 0.14 0.03 16.6 18.1 2.1
2 5 2735 7 0.10 tr 0.11 23.9 12.4
3 7 2754 671 0.31 0.13 18.3 12.9 8.8
4 3 2802 64 0.27 0.01 2.2 28.8 11.7
5 1 2907 1000 0.42 0.10 30.2 14.9 11.3


Historical records document production from Iron Cap: circa 1901 it was reported that 12 tons of ore shipped to smelter averaged 75 oz/t silver, 0.04 oz/t gold and 0.2% copper.

Preliminary Gravity Interpretation

Gravity survey on the Iron Cap Grid is interpreted to indicate considerable mineral potential, similar to that documented to date through geochemical sampling with composite values to 2,210 g/t Ag, 9.13 g/t Au, 30.6087% Pb and 1.36% Cu

Additional mineralization from 5 Iron Cap Adits further support known mineralization

Adit #3 Fault returned 1,368 g/t Ag, 0.99 g/t Au, 50.87% Pb and 0.59% Cu.

In addtion, historical smelter certificates from Adit #3 document an average grade of 2,638 g/t Ag, 1.7 g/t Au, 0.58% Pb and 0.22% Zn.

Anomalies identified on the Iron Cap Grid appear to be controlled by the north trending fault system.

Several other gravity anomalies are interpreted to be controlled by other faults within the system.



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ADDITIONAL INFORMATION

  • 4 MINERALIZED AREAS MAP
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