| Serb Creek Project |
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Serb Creek |
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Country |
Canada
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Province |
British columbia |
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Close to |
Smithers |
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Status |
ADVANCED DISCOVERY
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Legends
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Explores for
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Molybdenum -
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| Risk and valuation analysis of the Serb Creek Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Serb Creek Project |
 | Candorado Operating Company Limited
Option: 60% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Candorado entered into an option agreement with Georgia Ventures Inc. enabling them to earn a 60 per-cent interest in the Serb Creek deposit by making cash payments of $60,000 and incurring $600,000 in exploration expenditures over a two year period. more... |
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| Location of the Serb Creek Project |
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The Serb Creek Molybdenum deposit is located 40 km west of Smithers, B.C., approximately 35 km southwest of Blue Pearl Mining's Davidson Molybdenum Deposit.
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| History of the Serb Creek Project |
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The Serb Creek Deposit was discovered by Amax in the mid 1960's. Between 1965 and 1966 Amax drilled 19 holes totaling 21,600 feet. Five holes totaling 3,042 feet were drilled by Craigmont Mines Ltd. in 1975. All holes encountered molybdenum mineralization, including intercepts of 350 feet of 0.10% MoS2 in hole 65-12 and 320 feet of 0.08% MoS2 in hole 65-9.
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| Geology of the Serb Creek Project |
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Mineralization of Serb Creek is centered on a fine grained phase of a quartz monzonite stock cut by a northwest trending dyke swarm. The area of molybdenum mineralization lies within a broad oval-shaped pyrite halo, measuring 3 km x 2.2 km. Only a portion, 1.2 x 1 km, of the prospective geology was investigated by past drilling, leaving a large area open for further exploration.
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| Discoveries and Drilling Results | |
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Data last updated on : 2/8/2007
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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