Long intervals of molybdenum copper mineralization were encountered in both drill holes completed at the Bear property recently. Hole BD07-21 returned 378.6 metres grading 0.054% molybdenum and 0.25% copper which included a 178.7 metre interval grading 0.083% molybdenum and 0.30% copper, or 1.13% CuEqv. Hole BD07-21 was drilled in altered intrusive rocks from the top of bedrock to the bottom of the hole, with the best grades in the upper 342 metres. Hole BD07-20 tested an area near the northern boundary of the mineralization. The mineralization and alteration were widespread but the grades were lower.
June 30, 2007
Five diamond drill holes are scheduled.
September 14, 2004
Has completed a 1704 m five hole drill program at the Bear property. The objectives of the program are to confirm the potential for the property to host the volume and the grades necessary for an economic deposit. Drilling confirmed mineralization to be open for expansion both laterally and at depth. Highlights from drilling include BD04-18 which returned 295.9 m of 0.059% Mo and 0.27% Cu, with mineralization starting at the top of bedrock. Hole BD04-17 retuned 351.0 m grading 0.047% Mo and 0.21% Cu. Results from drilling will be compiled and analyzed to prepare for a larger program in the summer of 2005.
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