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The Tulsequah Chief project is located at latitude 58°43'N and longitude 133°35'W, on the Tulsequah River in northwestern British Columbia. The property is located 100 kilometres south of the town of Atlin, BC, (N 59°35'N, 133°40'W), the nearest Canadian community. Juneau (58°18'N, 134°24' W), the capital of Alaska, is situated 64 kilometres southwest of the property. The property is accessible by helicopter from both Atlin and Juneau, and by water from Juneau. The exploration base camp is situated on the east bank of the Tulsequah River at an elevation of 108 metres above sea level.
Recently, major milestones have been passed on the Tulsequah project. On January 29, 2007 a positive feasibility study was announced. Since then two significant additions have been made to the resource base of the Tulsequah project: the “A-extension” resource estimate was announced on March 19, 2007 and the Big Bull resource estimate was announce on April 2, 2007.
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Tulsequah Project Resource Estimate (CAD $86 NSR cutoff)
| Resource |
| Category |
Deposit |
Tonnes |
Cu (%) |
Pb (%) |
Zn (%) |
Au (g/t) |
Ag (g/t) |
| Indicated |
Tulsequah Chief |
5,928,800 |
1.44 |
1.24 |
6.52 |
2.66 |
96.7 |
| |
Big Bull |
211,000 |
0.40 |
1.25 |
3.33 |
3.04 |
161.67 |
| |
Total Project |
6,139,800 |
1.40 |
1.24 |
6.41 |
2.67 |
98.93 |
| |
| Inferred |
Tulsequah Chief |
1,048,800 |
0.97 |
0.95 |
5.14 |
1.67 |
72.50 |
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Big Bull |
669,000 |
0.35 |
2.59 |
5.97 |
4.14 |
194.83 |
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Total Project |
1,717,800 |
0.73 |
1.59 |
5.46 |
2.63 |
120.14 |
(1) NSR was calculated using the same methods and assumptions for metallurgical response as used in the Tulsequah Chief Feasibility Study announced on January 29, 2007.
(2) An exchange rate of $1 USD = $0.85 CDN was applied. |
