
The molybdenite mineralization at the Crowrea property is hosted in a silica flooded fine to medium-grained quartz monzonite, which has megacrystic quartz monzonite. Mineralization occurs as flakes, blebs and occasionally in veinlets and fracture coatings.
The molybdenite is hosted near or on the hanging wall of a dike-like body
that strikes northwest and dips steeply northeast at 50 to 65 degrees. Here the
dike is 20 metres to 30 metres thick.
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The Claims are underlain by granodioritic and quartz monzonitic, phases of the Jurassic Okanagan Batholith. Mineralization consists of fracture-
controlled veinlets and disseminated molybdenite-pyrite in quartz-Kspar alteration zones of equigranular quartz monzonite and granodiorite.
March 29, 2006 - Acquisition of Empress Claims
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The claims are contiguous to the northwest boundary of the CrowRea Group of Claims. The acquisition covers the old Empress Molybdenum occurrence which
was drilled by Anaconda America Brass ("Anaconda") in 1969 and 1980. The drilling consisted of 10,143M of diamond drilling and 3,428 metres of percussion
drilling as reported by T.H. Carpenter, P. Geo. In a report by Discovery Consultant's Ltd., dated August 31, 1994. Results of the diamond drilling are
not available but results from the percussion drilling (in 6 of the 42 holes) have values of up to .084% MoS2 over 48.8 metres starting at a depth of 9.15
metres as described in an assessment report by Luca Riccio, Project Geologist for Anaconda dated May 1982.
The Claims are underlain by granodioritic and quartz monzonitic, phases of the Jurassic Okanagan Batholith. Mineralization consists of fracture- controlled veinlets and disseminated molybdenite-pyrite in quartz-Kspar alteration zones of equigranular quartz monzonite and granodiorite.
April 17, 2007 - Acquisition of HP Claims
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The property consists of 82 claim units totaling 1629.8 hectares (4027.5 acres) and adjoins the northwest border of the Crowrea Molybdenum property.
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Cominco Inc. originally acquired the claims in 1979 and performed soil and geochemical surveys. Cominco drilled in 1980 with two percussion holes
to a depth of 195 meters (639.6 ft) encountering a maximum grade of up to 0.091% Mo near the bottom of hole # PDH-HP-80-1, followed by six percussion
holes totaling 588.3 meters (1929.6 ft) which returned low values in 1981 (BC Assessment report dated Oct. 1997).
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Molycor and Verdstone acquired the HP claims in 1995 and in 1997 carried out geochemical and geophysical surveys adding more molybdenum soils
anomalies to the ones previously identified by Cominco Inc. The property was subsequently dropped by the Companies due to the low price of moly.
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Management believes the reacquisition of the HP claims increases the total number of potential molybdenum occurrences within the Crowrea
Molybdenum Camp, which now total 284 units totaling 5833 hectares (14,414 acres).