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Property NewsMay 4, 2007 The company continues a systematic southeast to northwest evaluation of geophysical targets and regional stream sediment anomalies. Next quarter the company will focus on the middle to northwest portions of the property. Continue to work at this project to define drill targets to be tested later of 2007. March 23, 2007 Conducted soil sampling and auger drilling on the property. This work will continue in 2007 with the objective of defining drill targets by the end of the year. December 31, 2006 Reported that in 2005, geologic mapping and sampling were continously done and completed an
airborne geophysical survey. In 2006, started systematically evaluating the numerous geophysical anomalies in the licence area. Work plans for 2007 are to complete the first pass coverage over the remaining target areas and select possible sites for diamond drill testing either late in 2007 or early 2008. Results to date have identified a
geochemically anomalous zone that will receive further follow-up work in 2007. The planned 2007 budget for the project is $0.3 million. |
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