The Company has secured a right to earn in to a 30 interest in the Silver Peak Project located in southern British Columbia, Canada.
The Project consists of a portfolio of mineral claims over a system of high grade, intrusion related, polymetallic Ag Pb Zn Cu veins, part of the historical Eureka Victoria Silver Mine.
Originally discovered in the late 1800s, the Silver Peak mines reportedly exploited near surface oxide material ranging from 500 to 658 oz/ton silver. The underground mining via adits of the two main veins, varying in width from 1.5 to 6 m, continued on a small scale under various ownership until 1981.
Underground sampling in 2011 along the strike of the Victoria Vein is reported as returning a grade of 8,889 g/t Silver with a grab sample from the Victoria Vein face assayed at 15,517 g/t Ag, 4.3% Pb, 2.94% Cu and 2,756 ppm Bi1.
(1 Data as reported in the National Instrument 43-101 Technical Summary Report on the Eureka-Victoria Mine Property 10.3.13)
Project: Silver Peak Project
Target metals: Ag, Pb, Zn, Cu
Next step: continue technical review and launch next stage exploration