Reported that no further work is presently planned on this property. However, the Company will continue to evaluate any further development potential.
May 31, 2006
Commenced drilling on the Churchill Property. The program consisted of approximately 5 drill holes (459 metre total) designed to test near surface, gold targets in the “Sedna Corridor” of the multi-million acre Churchill Project. This was the first ever drill designed to evaluate the gold potential of the multi-million acre Churchill property. The most significant result came from drill hole KCF-01. This hole collared in banded-iron-formation and intersected a number of sulphide-bearing quartz veins. Visible gold was noted along the margin of one such vein at a depth of 30 metres. An assay of this material yielded 7.06 g/t Au over a core length of 0.69 metres.
April 25, 2006
Confirmed exploration plans entailing ground geophysics, till sampling and prospecting of selected priority targets.
Research - Professional or Research - Advanced Subscriber Access Required
