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JAKE

Au
1,386.63
USD/oz
0.01
green
http://www.infomine.com/investment/metal-prices/gold/
Data as of May 24, 2013 09:59PM UTC


Key Facts
Status: Exploration
Type of Work: Surface
Location: British Columbia, Canada
                 13 km West of CLEARWATER

Commodities: Gold
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Latest Information
October 31, 2008
Reported that in 2008, gradient IP coverage was extended to the northwest, southeast, and east. This survey identified nine target reas on multiple structures including the Jake Showing area, over almost 2.5 kilometres of strike.
March 18, 2008
A total of 1,083 metres of drilling was completed in seven holes. An eighth hole was lost in overburden. The drilling program tested three targets identified by a geophysical survey and mechanized trenching in 2007. An IP survey conducted in June revealed three chargeability high anomalies in the immediate vicinity of the Jake showing. The first area is coincident with the Jake discovery outcrop, reflecting mineralization sampled in trenches in 2006 and again in 2007. Three drill holes targeted the Jake showing intersecting the Jake host structure at approximate depths of 15, 25 and 75 metres below surface. The highest gold values were observed where quartz veining is associated with net-textured to massive pyrrhotite-pyrite-chalcopyrite-bismuthinite. Hole J-DDH07-04 intersected a 0.5-metre section of net-textured sulphides in quartz veins averaging 27.8 g/t gold and strongly anomalous in bismuth and copper. This intersection averaged 11.34 g/t gold over the entire 1.25-metre true width of the structure.
November 19, 2007
Drilling commenced. The program is budgeted for 900 metres of drilling in seven holes testing three targets. This work follows IP geophysical surveys and trenching completed earlier in 2007.
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