The Crazy Fox Property ''Property'' is located within the Kamloops Mining Division in south-central British Columbia. The centre of the Property is approximately 100 kilometers north of Kamloops and 18 km west-southwest of Clearwater and it is road accessible.
In 1998 Robert Bourdon and Lloyd Addie acquired claims in the Property area based on anomalous results from a till sampling program completed in 1997 by the BCGS branch. The focus of exploration in 1998 and 1999 was the base metal potential of the Property.
In 2004, new logging roads were extended into the area of the historical Anticlimax molybdenite showings. Prospectors Addie and Bourdon, while routinely prospecting the new roads, found significant new high grade molybdenum mineralization (2.38% Mo) approximately 1,000 meters from the historical showings and on the eastern flank of a board, previously defined molybdenum-tungsten geochemical area in the vicinity of Rong Lake.
In 2005, Newmac Resources Inc. (''Newmac''), on conclusion of the option agreement with Addie and Bourdon, commenced a program of geochemical sampling and prospecting followed by excavator trenching on some of the geochemical anomalies. Newmac completed its program in early December. At the same time, logging operations were commencing over much of the area underlain by prospective granite between the new showings and the historical showings.
In February 2006, Newmac returned to the Property and commenced a drilling program utilizing newly constructed logging roads and skid trails. In total 7,486 meters of NQ drilling was completed between Feb. 16 and June 16, 2006 in 33 drill holes.
A significant feature of the drilling was that several of the holes drilled through the granite into a thrust fault bounded volcanic member of the Nicola Group. Newmac initiated regional prospecting and sampling in an attempt to locate the mineralized granite originally underlying the thrust fault.
Newmac instituted another drill program in June of 2007. In late 2007, a high-grade molybdenum discovery was made in drilling, which led to an extensive drilling program in 2008. By the end of August 2008, Newmac had completed a total of 13,328 meters of diamond drilling composed of 6,916 meters of NQ and 6,413 meters of HQ sized hole. In total, 3,295 core and quality control samples were submitted for analysis.
The significant molybdenum-tungsten mineralization was defined by drilling over 800 meters of strike length and is open in several directions.
The tenor of mineralization in deep drill holes at Crazy Fox compares favourably to that at the Davidson Deposit of Thompson Creek Metals.