Overview:
The Company’s main objective is to qualify the Treasure Mountain Project for a 24,000 tonnes per year mine and gravity concentrator permit so that subject to economic viability and financing the property can be put into production. To that end, AMEC Earth & Environmental, Entech Environmental Consultants and Jasman Yee & Associates have carried out investigations to assess operational and environmental issues. A NI 43-101 mineral resource assessment by Erik Ostensoe, P. Geo. is now completed. These are technical studies only and warrant no presumptions as to the economic viability of the project. The scope of these studies is defined by current mine permit regulations as administered by the Ministry of Energy, Mines and Petroleum Resources, the Ministry of Environment and other government agencies.