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FOST HILL
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Latest Information November 30, 2004 The 2004 program included detailed mapping and prospecting around the area. The program was unsuccessful in locating additional gold minerlization. No furhter work is recommended. November 30, 2004 The 2004 program included detailed mapping and prospecting around the area. The program was unsuccessful in locating additional gold minerlization. No furhter work is recommended.  November 18, 2002 Mishibishu Gold Corporation has entered into a property option agreement with Deep Reach Exploration whereby the company acquires the right to earn a 100% interest in the Fost Hill Property in Newfoundland. The Fost Hill Property comprises three claim licences totaling 3,500 ha underlain by fine to medium grained biotite granite. One gold-bearing outcrop, named the Fost Showing, has been discovered on the property and thirteen samples were collected from the showing area during two due diligence visits. The best two assays were 18.4 g/t Au and 5.7 g/t Au from pyrite-bearing stockwork quartz veins within the potassic alteration. Work is planned to determine the extent of the showing area. |
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