Queylus Property

Uranium, gold, copper

• Contiguous to the Corner Bay Mine;
  
• Potential resources of low grade copper exceeding 350 million tons;
  
• High grade gold values up to 1.5 oz/t;
  
• Alteration system identical to Olympic Dam deposit (magnetite, epidote, hematite);
  
• Queylus intrusion targeted as huge porphyry system by a research conducted by a government geologist and the Geological Survey of Canada;
  
• 37 holes out of 40 returned copper and gold values in 1996-1997;
  
• Numerous uranium geochem ground anomalies;
  
• Uranium can be a significant by product of IOCG deposits (Chibougamau's uranium potential = Otish Mountains, Mistissini bassin, elevated uranium and thorium concentrations in one hole at Corner Bay.