Risk and valuation analysis of the Fraser River Project |
Status Risk : Green exploration |
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Title(s) of the Fraser River Project |
| North Bay Resources Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Fraser River Project |
The Fraser River Platinum property, located 3 km northwest of Lytton BC in an area known as the Van Winkle Bar, consists of 6 claim units covering 514 hectares (1,238 acres) along the Van Winkle Bar, and traversing 8.6 km along the Fraser River.
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History of the Fraser River Project |
According to BC Open File 1986-7, the sands of the Van Winkle Bar have assayed up to 5681.1 grams (182.67 ounces) per tonne platinum.
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Geology of the Fraser River Project |
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The source rocks are believed to be Carboniferous-Jurassic Cache Creek Complex volcanic and sedimentary rocks to the north, where the company has also staked claims. According to BC Open File 1986-7, the sands of the Van Winkle Bar have assayed up to 5681.1 grams (182.67 ounces) per tonne platinum.
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