This drilling identified an extensive bench gravel
deposit along the Indian River, with consistent gold values across its entire width, and gold returned from every hole.
Initial drill testing in 2005 at the project identified an extensive bench gravel
deposit along the Indian River, with consistent gold values across its entire width.
Further based on topography and the geophysical expression of Solomon, there is a strong likelihood of very rich bench gravels
in an unmined area named "Treasure Chest" (Figure 4).
The results of the program indicate that gold is widespread throughout the bench gravels
along Josephine Creek, specifically upon claims being acquired by the Company, and claims recently staked by the Company.
Similar bench gravels
downstream are the subject of current exploration by Boulder Mining Corp.
Our technical staff have spent the summer implementing a multi-phase exploration program consisting of refraction seismic surveys, reverse circulation drilling and bulk testing, which have been successful in the preliminary identification of large volumes of deeply buried, potentially- rich tertiary gold-bearing gravels, and large volumes of lower grade, glacial bench gravels