EXTRA HIGH Project |
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EXTRA HIGH |
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Country |
Canada
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Province |
British columbia |
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Close to |
Kamloops |
Status |
EARLY DISCOVERY
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Surface |
11 km² / 2,656 acres |
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Latitude / Longitude |
51 N 08 / 119 W 50 |
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Legends
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Explores for
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Copper - Gold - Lead - Silver - Zinc -
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Risk and valuation analysis of the EXTRA HIGH Project |
Status Risk : Early discovery |
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Title(s) of the EXTRA HIGH Project |
| Colt Resources Inc. Interest: 67% |
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Title | Company Profile | All Projects | Company website | Company project page |
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On January 23, 2008, Colt entered into an Option Agreement with Zab Resources Inc. ("Zab"), a related company, whereby Colt has the right and option to acquire, in two separate equal tranches, Zab's 66% undivided interest in the Extra High Property ( more... |
| Zab Resources Inc. Owner: 33% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Colt is the Operator of the Property and owns a 67% interest while Zab owns the remaining 33% interest in the Property.
Colt has the right to acquire Zab’s 33% interest in the Property by making a cash payment of $250,000 to Zab on or
before December 31, 2008. |
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Location of the EXTRA HIGH Project |
The Extra High property is located 60 km north from Kamloops B.C. and / or 22 km east
from the town of Barriere B.C. via the paved Agate Bay road from Highway 5. Access to
the property is then by good gravel logging roads to the 1,450 metre elevation. The main
area of interest lies immediately south from the past producing Samatosum Mine.
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History of the EXTRA HIGH Project |
Zab Resources Inc (hereinafter referred to as Zab) acquired 10 Extra High claims in
March, 2004 from the late Mr. R. Wells of Kamloops B.C. Subsequently, an additional
25 mineral claims were acquired and became part of the option agreement. These 3 more...
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Geology of the EXTRA HIGH Project |
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The Extra High property lies on the Adams Plateau which is located on the western edge
of the Ominica Belt. In this area, the belt is comprised of a Lower Paleozoic succession
of clastic metasediments, carbonate and mafic volcanic rocks, and an overlying Devonian
- Mississipian succession of felsic to intermediate metavolcanics and clastic
metasediments, termed the Eagle Bay Assemblage.
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Data last updated on : 7/20/2008
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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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