Bouleau Creek Gold

Description

Bouleau Creek Gold (MINFILE 082LSW069, 082LSW073, and 082LSW046) is a road-accessible property that covers 1,225 acres located 26 kilometres west of Vernon, BC.

The property features gold and silver mineralization over an area of approximately 1,000 by 600 metres, and is adjacent to the Brett Gold JV project (MINFILE 082LSW110) where 11,970 tonnes grading 39.12 grams per tonne gold have been previously indicated by surface drilling and underground work.

Geological mapping and rock sampling conducted in 1991 by Inco Exploration and detailed in BC Assessment Report 21877 found two types of quartz veins with anomalous gold and silver on the Bouleau Property. These were described as an older vein type, generally with less than 500 ppb gold, and a younger ''higher grade'' vein type which contains up to 34 grams (1.09 ounces) per tonne gold and 286 grams (9.19 ounces) per tonne silver. The report went on to state that despite the high number of anomalous veins it was concluded that the veins were subeconomic and not worthy of follow-up.

In 2002, a new vein was discovered during a survey by Solomon Resources. A company report documented that “Work conducted during this examination included locating a new vein occurrence and sampling the Zone 7 vein. The veins are generally widely spaced (>20m), narrow (0.1m - 0.5m) and limited in strike length (<10m). However, a notable lack of follow-up trenching and detailed prospecting has been conducted previously in the main showing areas. Specifically in the Zone 7 area where one of the strongest veins is reported, no attempt has been made to expose the on-strike extensions of the vein.”

Results from the 2002 sampling program yielded assays up to 34.4 grams per tonne gold and 158 grams per tonne silver. The report concluded that Bouleau ''“could form the core project of an overall program of regional exploration for intrusive-related Au-Ag occurrences. Tertiary hosted epithermal gold systems also may be present.''