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CANADA - Shining Tree


Shining Tree Project consist of two non-contiguous leased, patented and unpatented mineral claim groups including the Duggan, the Tyranite and Minto, and Burda claim groups. The three properties are located in northern Ontario near the village of Shining Tree, in the Larder Mining Division, District of Sudbury, Ontario. The properties lie within the south-west part of the Abitibi Greestone belt (Figure 1) bordering on Proterozoic sediments of the Cobalt Embayment. The Abitibi greenstone belt is prospective for a number of mineral deposit types including mesothermal lode gold deposits, volcanogenic massive base metal suphide deposits and layered magmatic sulphide (Ni) deposits. ( Read More )

Canada - Current Project List

Country Project Ore Overview  
CANADA   

 Tyranite
 Au The Tyranite zone extends along a northerly trending shear for 1km and consists of 3 lenses down to a depth of 350m. Between 1939 and 1942, 231,810 oz (7,210 kg) Au, and 4,860 oz Ag (151 kg ) were produced from 210,300 t grading 0.147 oz per ton (5.0 g/t) Au. An inferred resource of 472,000 tons (428,000 t) grading 6.9 g/t Au is estimated to exist in the underground workings (White 2007).
  Duggan Au Diamond drilling by Creso in 2007 and 2009 has confirmed historic results on the properties and extended the Duggan zone north and south for 700 metres. The drilling has also indicated several new zones and the association of anomalous gold and potash (K2O) enrichment. Further, the association of anomalous Ni with values up to 2700 ppm has been recognized within ultramafic rock units. Of particular interest, historical drill hole # 97-225 indicated a gold zone with sporadic high gold sections over 76 metres and averaging 1.5 g/t. Hole D3-07 showed a quartz/syenite breccia zone with abundant disseminated sulphide and an intersection of 2.9 g/t over 30m, and Hole D9-07 intersected the same zone over 93m with an average of 0.87 g/t, 220 meteres north of hole D3-07.
  Minto Au The Minto showing consists of a pod of carbonate sulphide breccias containing an estimated tonnage of 225,000 tons (204,000 t) grading 0.2 oz per t (6.8 g/t) Au to a vertical depth of 225m as determined and reported in 1984 by Duncan Gold Resources, (White 2007) **. Gold is related to pyrite and quartz veining trending north south and northeast southwest.



Guatemala - Current Project List

Country Project Ore Overview  
GUATEMALA

Chisay-Oxec
 Cu The Chisay-Oxec licence (option to purchase) includes the old working of the Oxec copper mine, which was operated by Transmetales (Basic Resources Inc.), a subsidiary of Anglo-American, from 1974 to 1978, and produced about 600,000 tonnes of ore with an average grade close to 3% Cu from an underground mine and from an open pit. The ore is shaped as lenses that can measure up to 20 m thick and 100 meters long with grades greater than 5% Cu.
  Padre Antonio
 Cu The exploration license under application covers approximately 20km² and Guatemala Copper has applied for an additional 30k m² exploration license located in the Department of Huehuetenango, Guatemala.
  Villa Linda
Crystalbell		 Zn Creso, through its Guatemala Copper a wholly-owned subsidiary of the Corporation, acquired an exploration licence in January 2008 over a surface of 78 sq.km in the Department of Huehuetenango. The area contains three past producing lead, silver and lead mines with evidence of past workings dating back to 1912. Three selected grab samples taken during Creso initial field trip to the area gave results varying between 25.3% Zn and 32.9% Zn.
  Hopes U Guatemala Copper S.A., a wholly-owned Creso subsidiary has also applied for several exploration licenses in respect of mining properties located in Guatemala during 2007. On May 22, 2007 it filed an application for license numbers SEXR-032-07 (Hopes I) and SEXR-033-07 (Hopes II) covering an area of approximately 169.3k m² located in the municipalities of Jocotan, Olopa, and Esquipulas, department of Chiquimula for the purpose of exploring for uranium. Application has been made for a licence for both properties. On March 27, 2007, Creso Subsidiary applied for exploration license number SEXR-12-07 (Hopes III) , for the purpose of exploring uranium, gold and copper and covering an area of approximately 97km² located in the municipalities of Jocotan and Esquipulas, department of Chiquimula. The license has been granted and is valid until December 17, 2010. The properties are known as Hopes and are located a few kilometres from the locality of Chanmagua.