| Clear Lake Project |
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Clear Lake |
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Country |
Canada
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Province |
Yukon territory |
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Close to |
Faro |
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Status |
ADVANCED DISCOVERY
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Latitude / Longitude |
62 N 46 / 135 W 10 |
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Legends
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Explores for
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Lead - Silver - Zinc -
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| Risk and valuation analysis of the Clear Lake Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Clear Lake Project |
 | Copper Ridge Explorations Inc
Option on interest: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Copper Ridge has an option to earn a 100% interest in the property. Terms of the acquisition include payments of $160,000 and the issuance of 500,000 shares over 5 years, plus a payment of $10,000 and 250,000 shares if an interest in the property is farmed out or sold to a third party. The vendor will retain a 2% Net Smelter Royalty, ¾ of which can be purchased for $1.5 million. |
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| Location of the Clear Lake Project |
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The property, consisting of 61 claims, is located 65 km east of Pelly Crossing and 225 km north of Whitehorse, Yukon. The property is approximately 100 km east of Sherwood Copper's new Minto mine.
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| History of the Clear Lake Project |
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Since 1965, the Clear Lake property has been subjected to numerous surface exploration campaigns, primarily geophysics and soil geochemistry because of the relative lack of bedrock exposure. Among the geophysical techniques applied, gravity, HLEM and more...
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| Geology of the Clear Lake Project |
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Clear Lake is a barite-associated, shale-hosted, sedimentary-exhalative massive sulphide deposit that occurs in Devonian-aged Earn Group sediments within the Selwyn Basin. The pyritic massive sulphide body, estimated to be in excess of 40 million ton more...
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Data last updated on : 1/15/2010
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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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