OCTOBER 07
Page 1 of 12
MOTHER LODE
CHAMBER OF MINES OF EASTERN BRITISH COLUMBIA
A non-profit bureau of information providing authentic, reliable data to the
general public and the mining industry of Eastern British Columbia
215 Hall Street, Nelson, B.C. V1L 5X4 Phone: (250) 352-5242
[email protected]
NEWSLETTER
Note: The views of contributors to this newsletter do not necessarily reflect the views of the Chamber
OCTOBER 2007
President’s Report
The Chamber hosted a visit from a group of 20 seniors from Broader Horizons thanks to help
from Chamber volunteers George, John and Bob.
The group was very interested in our rock collection
and historical pictures of old mines. It was very
interesting for us as well as we heard fascinating
stories of area towns including where mining
related businesses used to be.
The Chamber also had visitors that came in due to
the video about the Chamber that is airing on Shaw
TV. Thanks again to Shaw TV and Kristina
Kruchkowski for making the video and airing it.
Metals are still very high and B.C. can capitalize on
the high prices by getting mines into production and
generating jobs and taxes for the people of B.C.
The metals produced at the local smelter (Silver, Lead and Zinc) are all quite high with Lead
at a record $1.80 per pound. The Kootenays produced a lot of Silver, Lead and Zinc mines in
the past; however there is presently no local production.
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OCTOBER 07
OCTOBER BIRTHSTONE
Page 2 of 12
OPAL
The mineraloid opal is amorphous SiO2·nH2O, hydrated silicon dioxide, the
water content sometimes being as high as 20% but is usually between
three and ten percent. Opal ranges from clear through white, gray, red,
yellow, green, shore, blue, magenta, brown, and black. Of these hues, red
and black are the most rare and dear, whereas white and green are the most common; these
are a function of growth size into the red and infrared wavelengths—see precious opal.
Common opal is truly amorphous, but precious opal does have a structural element. Opal is a
mineraloid gel which is deposited at relatively low temperature and may occur in the fissures
of almost any kind of rock, being most commonly found with limonite, sandstone, rhyolite,
and basalt. Opal is one of the mineraloids that can form or replace fossils. The resulting
fossils, though not of any extra scientific interest, appeal to collectors.
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Sultan Minerals trenches 4.5 feet of 9.7% Pb at Jersey
2007-09-24 08:57 ET - News Release
Mr. Arthur Troup reports
SULTAN MINERALS DISCOVERS HIGH-GRADE EXTENSION TO ITS JERSEYEMERALD LEAD-ZINC DEPOSIT IN BRITISH COLUMBIA, CANADA
Sultan Minerals Inc. has provided the results of a trenching program carried out above the
East Emerald tungsten zone on its Jersey Emerald property in southeastern British Columbia.
This recent trenching discovered a western extension of the historic Jersey lead-zinc mine
exposing a stratiform band of lead-zinc-silver mineralization that has now been traced along
strike for over 1,200 feet (400 metres). The occurrence is located approximately 200 feet (60
metres) west of the historic G zone which was the northernmost workings in the Jersey leadzinc mine. This discovery confirms that important mineralization may extend well beyond the
limits of the historic lead-zinc mining operation.
Arthur G. Troup, president and chief executive officer, said: "The significance of this new
discovery is yet to be determined. The historic Jersey lead-zinc mine was British Columbia's
second largest lead-zinc producer. The trenching program is continuing in order to determine
the location and trend of the mineralization in advance of a core drilling program. The
attitude of the mineralization discovered to date suggests that a considerable portion of this
area of the deposit might be extracted by surface mining methods."
Trenching and diamond drilling are currently continuing on the property, and 44 holes have
now been completed in the company's planned 2007 drill program. The planned 10,000-metre
drill program is designed to explore the recently discovered molybdenum deposit as well as
expand the historic tungsten and lead-zinc mineralization.
http://www.sultanminerals.com/s/News-2007.asp?ReportID=262262&_Type=NewsReleases-2007&_Title=Sultan-Minerals-Discovers-High-Grade-Extension-to-its-JerseyEmerald-Lead-Z
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OCTOBER 07
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Mountain Boy drills 6.1 m of 275 g/t Ag on BA claims
2007-10-02 11:26 ET - News Release
Mr. Ed Kruchkowski reports
DRILLING CONTINUES TO INDICATE HIGH GRADE SILVER IN THE MASSIVE SULPHIDE
HORIZON ON THE BA CLAIMS
Mountain Boy Minerals Ltd. has received its assays for the first 10 holes for the 2007 drilling
exploration program on the 100-per-cent-owned BA claims. To date, a total of 25 holes have
been completed. The BA claims are located 30 kilometres east of Stewart in the Skeena
mining division approximately three kilometres south of paved Highway 37A.
Highlights of drilling include 6.1 metres of 276.65 grams per tonne silver, 1.98 per cent lead
and 3.77 per cent zinc in DDH-2007-BA-2; 12.20 metres of 145.3 g/t silver, 3.13 per cent lead
and 2.30 per cent zinc; and 37.20 metres of 140.7 g/t silver, 2.63 per cent lead and 2.89 per
cent zinc in DDH-2007-BA-5; 26.98 metres of 99.03 g/t silver, 1.16 per cent lead and 3.72 per
cent zinc in DDH-2007-BA-9; and 15.24 metres of 52.91 g/t silver, 1.01 per cent lead and
5.73 per cent zinc in DDH-BA-2007-10.
The first drill completed 19 holes in a grid pattern measuring 15 by 15 metres in order to
provide close-spaced data on the west limb of the mineralization along an anticline. This drill
has been moved 150 metres northeast to test the east limb of this same anticline.
A second rig located several hundred metres south of the above initial drilling has been coring
low-angle holes in order to test for the zone beneath a steep mountain. This drilling has been
successful in extending mineralization into an area with no exposure.
http://www.mountainboyminerals.ca/2007nr/20071002_nw.pdf
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Serengeti drills 159 m of 55% Cu, 0.44 g/t Au
2007-10-02 10:48 ET - News Release
Mr. David Moore reports
SERENGETI CONTINUES TO INTERSECT GOOD GRADE AT KWANIKA INCLUDING 159 METERS
OF 0.55% COPPER, 0.44 G/T GOLD
Serengeti Resources Inc. has released assays from the next batch of holes from its 100-per-cent-owned
Kwanika porphyry copper-gold property, where a major follow-up drill program is under way. Kwanika is
located in the prolific Quesnel trough of north-central British Columbia.
"We continue to encounter excellent grades near surface in these recent holes, particularly in gold," stated
Serengeti president and chief executive officer, David Moore. "These holes demonstrate that the system
remains open for expansion to the east and there is also growing evidence for an extensive zone of more
moderate grade mineralization at depth. Drilling continues with two drills turning on a 24-hour basis in a
program that should be delivering results out through the end of the year," stated Mr. Moore.
http://www.serengetiresources.com/s/NewsReleases.asp?ReportID=264094&_Type=NewsReleases&_Title=Serengeti-Continues-to-Intersect-Good-Grade-at-Kwanika-Including-159-meters
J-Pacific drills 1.75 m of 5.73 g/t Au at Blackdome
2007-10-09 14:34 ET - News Release
Mr. Victor Webb reports
J-PACIFIC INTERSECTS 5.73G AU/T OVER 1.75 METRES ON THE BLACKDOME NO.
17 VEIN
J-Pacific Gold Inc. has intersected 5.73 grams per tonne gold over 1.75 metres at its
Blackdome gold mine, located in the Clinton mining district of British Columbia,
approximately 250 kilometres north of Vancouver.
In making the announcement today, John Harrop, J-Pacific's senior geologist, said: "The
primary objectives of the 2006 and 2007 Blackdome drill programs were to test several
targets generated from past work -- to gain a better understanding of mineralized structures
under the Blackdome peak; to extend the principal producing veins northward along strike
toward the dome; and to test the intersection of the No. 1 and No. 2 veins at depth." The
2007 phase 2 program was an aggressive plan primarily designed to drill test an area under
the Blackdome peak, which received only minor attention during the life of the mine. The still
wide spacing of the drill holes along strike clarifies the trace of a mineralized structure. "The
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OCTOBER 07
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assay results point to the potential for ore-grade zones within the No. 17 vein structure,
which is now known to extend through the dome -- much farther than previously realized,"
said Mr. Harrop. "This also increases interest in parallel features such as the Giant and
Redbird veins, which will receive more attention in the future."
http://jpgold.com/investor_information/news_releases/2007/index.php?mod=cnt&act=cnt
&id=176
George G. Addie, P.Eng. F.G.A.C.
MINE AND EXPLORATION GEOLOGIST
604 – 3rd Street, Nelson, BC V1L 2P9
Phone: (250) 352-2832
Email: [email protected]
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OCTOBER 07
Page 7 of 12
Thursday, October 04, 2007
Final Report Release: Halogens in Surface Exploration
Geochemistry: Evaluation and Development of Methods
for Detecting Buried Mineral Deposits
Geoscience BC is pleased to announce the release
of Geoscience BC Report 2007-10 "Halogens in Surface Exploration Geochemistry: Evaluation
and Development of Methods for Detecting Buried Mineral Deposits" by Colin Dunn, Stephen
Cook and Gwendy Hall.
The full report and executive summary are available here.
Much of the bedrock in central British Columbia has a cover of Quaternary deposits and/or
volcanic rocks. Given the fact that the area is underlain by the generally 'fertile' Quesnellia
Terrane, there is good reason to be optimistic that significant buried mineralization may be
present. The challenge is, therefore, to develop a method for detecting mineralization hidden
beneath this cover. Geoscience BC Report 2007-10 is aimed at enhancing the discovery of
concealed mineral deposits using the halogen elements, focusing on soil and common
vegetation from three target areas: Mount Polley (Imperial Metals Corp); QR (Cross Lake
Minerals Ltd.); and 3Ts (Silver Quest Resources Ltd.).
The halogen elements (Fluorine, Chlorine, Bromine, Iodine) are commonly associated with
the emplacement of mineral deposits. They are contained within the structure of many
minerals and in saline fluid inclusions that are typical of a wide range of mineral deposits.
Their volatility renders them good candidates to examine as 'pathfinder elements' in surface
geochemical media, where they may be captured on soil particles and taken up by vegetation.
Other studies have demonstrated the exceptional migrational abilities of Iodine and Bromine
in different geological settings, and found these elements to be highly effective in exploring
for ore bodies at depths of up to 1000 m. http://www.geosciencebc.com/s/Home.asp
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Page 8 of 12
CONSOLIDATED SPIRE VENTURES LTD.
October 9, 2007
No: 07-28
TSX-V SYMBOL: CZS
DRILLING INTERSECTS 64 METRES OF QUARTZ STOCKWORK
MINERALIZATION IN THE DISCOVERY SOUTH ZONE - PROSPECT VALLEY PROPERTY
Consolidated Spire Ventures Ltd. (“Spire”) is pleased to announce that the first hole in a
series of diamond drill holes, DDH-2007-01, has now been completed at the Prospect Valley
Property, Merritt, BC, Canada.
Diamond drilling has intersected a 64m wide quartz
mineralized zone.
The mineralized zone is
silicified with stringers and veinlets of quartz and
fine grained disseminated pyrite. This drill hole
is
currently
being
logged
and
sampled.
Analytical results will be reported once received.
Drill hole DDH-2007-02 is underway.
The drilling of hole DDH-2007-01 was drilled
approximately 85m NW from last year’s drill hole
DDH-2006-21 which intersected a very similar
quartz veinlet stockwork zone that returned
50.6m of 1.36g/t gold, including 24.4m of
2.03g/t gold.
The initial drill program in the Discovery South
Zone has targeted a wide mineralized gold zone
that was discovered and outlined by trenching.
The Company is very excited about drilling into
these new untested areas where it is believed
most of the mineralization is hosted.
Drill Core samples will be prepped and analyzed
at the Eco Tech Laboratory in Kamloops, B.C.,
Canada. Eco Tech Laboratory is an ISO 9001
certified and accredited facility. All work is being
conducted
following
the
procedures
and
standards outlined under NI 43-101. All sample
batches sent to the lab include standards, blanks
and duplicate samples.
A quality assurance and quality control (QA/QC) program is in place. The Qualified Person for
this news release is Mr. Victor Jaramillo, P.Geo. and Exploration Manager for Consolidated
Spire Ventures Ltd.
http://www.integratir.com/newsrelease.asp?news=2130984078&ticker=V.CZS&lang=EN&n
y=on&title=null
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OCTOBER 07
St. Eugene Mining Corp
Page 9 of 12
2007-10-09 10:47 ET - News Release
Mr. Roland Trenaman reports
ST. EUGENE ARRANGES NON-BROKERED $189,300 PRIVATE PLACEMENT ADDITIONAL DRILLING PLANNED AT MOYIE ZINC/SILVER/LEAD PROJECT
St. Eugene Mining Corp. intends to complete a non-brokered private placement of up to
1,578,000 units at a price of 12 cents per unit to raise total gross proceeds of up to $189,300.
Each unit will consist of one flow-through common share of the company and one-half of one
non-transferable common share purchase warrant. Each full warrant will be exercisable to
acquire one non-flow-through common share for a period of one year from closing at an
exercise price of 15 cents per share.
The company will pay a finder's fee equal to 7.5 per cent of the gross proceeds of the offering
attributable to that finder, payable by the issuance of common shares at a value of 12 cents
per share. In addition, the company will issue to the finder that number of non-transferable
common share purchase warrants equal to 10 per cent of the units sold that are attributable
to that finder. Each finder warrant is exercisable to acquire one share for a period of one year
from closing at an exercise price of 15 cents per share.
All securities issued in connection with the offering will be subject to a four-month hold
period from the closing of the offering.
The gross proceeds from the flow-through financing will be used to drill a further
approximately 1,000 metres in four holes at the company's Moyie zinc/silver/lead project, 20
kilometres south of Cranbrook, B.C. Information from these holes will allow to the company
to make a decision on underground development, the next logical step in defining the
magnitude of the zinc/lead/silver mineralized zones identified in two earlier drill campaigns
on company's Society Girl target.
The Moyie project is located in a historic metal mining district which stretches from Idaho's
Coeur d'Alene silver/lead mining camp to British Columbia's 150-million-ton Sullivan
zinc/silver/lead mine. Zinc/silver/lead ores have been continuously produced from this area
for more than 110 years. From 1900 to 1911, the St. Eugene mines reportedly produced
approximately 1.4 million tons of ore grading 5 per cent zinc, 15 per cent lead and seven
ounces per ton silver from three main ore shoots -- Lakeshore, Moyie and St. Eugene.
http://www.steugenemining.ca/StEugene/NewsReleases/Oct09_07.pdf
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Cream Minerals Ltd
Page 10 of 12
Mr. Frank Lang reports
TRENCHING LOCATES BROAD ZONES OF QUARTZ VEINING GOLDSMITH
PROPERTY, BC
Cream Minerals Ltd. has started an excavator trenching program on its Goldsmith property,
located near Kaslo in southeastern British Columbia. The Goldsmith property contains
numerous historic (circa 1903), small, high-grade workings (Lucky Jack, Bullock, Swede,
Goldsmith, Gold Park and others) throughout a three-kilometre-long belt of altered volcanic
and sedimentary host rocks. High-grade gold mineralization in the workings is found in
numerous quartz veins that range up to five metres in width. Also of interest on the
Goldsmith property are reported historic gold values obtained from the altered wall rock
between and adjacent to the quartz veins. Historic geologic and promotional reports from the
early 1900s expound on the amount and size of free gold within these vein networks.
To date, Cream has obtained extremely encouraging results from rock grab and chip samples
collected from the numerous small-scale historic workings. See the table attached for some of
the spectacular gold assay values from sampling by Cream in 2003 to 2006 (previously
reported). These sample results confirm the historic reports of very high-grade gold
mineralization.
http://www.creamminerals.com/s/NewsReleases.asp?ReportID=265098&_Type=NewsReleases&_Title=Trenching-Locates-Broad-Zones-Of-Quartz-Veining-Goldsmith-Property-BC
Dajin Commences Drilling Jackpot Zinc/Lead Deposit
September 27, 2007
Vancouver, B.C. – September 27, 2007 – Dajin Resources Corp.
(“Dajin”) (TSX: DJI-V) (FRANKFURT: C2U).is pleased to report that a
diamond drill program has commenced on Dajin’s 100% owned Jackpot
zinc/lead deposit at the Oscar Property located near Ymir in south eastern
British Columbia.
The Jackpot deposit was previously drilled by Cominco Ltd. who reported resources of approximately
3,000,000 tonnes of 5% combined zinc/lead mineralization. Prior drill results from the New Jersey Zinc
Exploration Company (Canada) Ltd. were reported as resources of 1,000,000 tonnes grading 4.68%
combined zinc/lead and inferred resources of 3,200,000 tonnes with an exploration potential for up to
10,000,000 tonnes from known targets. Resources mentioned above predate NI 43-101 requirements
and have not been verified by a qualified person; therefore they should not be relied upon as they are of
historical interest only.
Dajin purchased all of New Jersey Zinc’s historical drill data and company files relative to the Jackpot
property. This material has provided valuable information in preparation for our current drill program.
http://www.dajin.ca/news/index.php?&content_id=54
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Merit Mining to start drilling at J&L next week
2007-10-11 13:44 ET - News Release
Mr. Fred Sveinson reports
MERIT MINING CORP. - PROGRESS AT GREENWOOD GOLD AND J&L POLYMETALLIC PROJECTS
Development of Merit Mining Corp.'s Greenwood gold project near Greenwood, B.C., remains
on schedule and work at the J&L polymetallic project near Revelstoke, B.C., has commenced.
At the Greenwood gold project, the concrete foundations for the mill building and erection of
the steel building have been completed. Excavation of the tailings impoundment and
earthwork construction for tailings facility No. 1. are on schedule. Rehabilitation and
development work are progressing underground at Lexington-Grenoble for the extraction of
the 10,000-tonne bulk sample. A surface exploration drill program at Lexington-Grenoble is
under way with the objective of expanding its resource.
Approval was received on Oct. 5 for the J&L polymetallic project for the surface exploration
diamond program and construction of a camp and shop/mine dry/office complex. Site
preparation has now started. The drill program is scheduled to start next week. The first
concrete pour for the shop/mine dry complex is scheduled for early next week. Trusses for
the building have been transported to the site. The camp has been purchased and will be
transported to the site in the next few weeks. Most of the major mining equipment has been
procured or committed to.
"The progress at both the Greenwood gold and the J&L polymetallic projects is a result of the
hard work of Merit employees, consultants, contractors and regulatory authorities, with the
support of local communities. With the number of mineral projects in British Columbia
currently at the permitting stage, co-operation between company personnel and regulatory
officials is essential and Merit management is appreciative of the efforts of everyone
involved. We will achieve our initial objective of staying ahead of the weatherman for both
projects," says Fred Sveinson, president and chief executive officer.
We seek Safe Harbor.
http://www.sedar.com/CheckCode.do;jsessionid=00002K5Q3ifzahok_2XOsp1luLB:-1
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OCTOBER 07
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