| Risk and valuation analysis of the Porcher Island Project |
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| Title(s) of the Porcher Island Project |
 | Imperial Metals Corp
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Imperial entered into an option agreement with Cross Lake Minerals in November 2005. Cross Lake may earn a 65% working interest by carrying out aggregate exploration and development expenditures of $2 million. |
 | Cross Lake Minerals Ltd.
Interest: 65% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Location of the Porcher Island Project |
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Porcher Island is located in the Skeena Mining Division, 35 km south-southwest of Prince Rupert, British Columbia.
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| History of the Porcher Island Project |
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In 2006 and 2007 Cross Lake will continue diamond drilling at depth to extend and define the mineralization while continuing geological and engineering studies to confirm the historical resource and the development potential thereof. The delineation of a mineable resource on the Porcher Island Property would provide an excellent complement to the Company's QR Mine development project.
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| Geology of the Porcher Island Project |
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The Porcher Island property hosts a gold bearing quartz vein system. Extensive exploration from 1975 to 1988 by E & B Exploration and Cathedral Gold Corporation resulted in an estimated mining reserve of 623,095 tons grading (cut and diluted) 0.20 oz more...
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