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Property NewsOctober 25, 2006 A surface exploration program of soil sampling and mapping, targeting the King and Queen and Toklat prospects as well as a regional evaluation were completed. Assay results from this program have been
received, and will be announced after they have been compiled and reviewed. June 9, 2006 Reported that a surface exploration program of additional soil sampling and mapping will commence
in June.
Gold mineralization was discovered in 1918, when the Kennecott Mining Co. obtained an assay of 211.5 grams per tonne (g/t) gold (Au) and 494.5 g/t silver (Ag) from a six-inch-wide stream near the dome. Anomalous gold values from altered felsic volcanic rocks were also identified. This sample is historic in nature and should not be relied upon. Surface sampling from the property owner in recent years include 1.8 g/t Au over 17.7 metres within a trench at the top of the felsic dome. Samples from the trench range from 0.7 to 5.7 g/t Au.
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