Svetloye Project
Svetloye
Country Russia 
Province Khabarovsk
Close to Magadan
Status ADVANCED DISCOVERY 
Surface 85 km² / 20,905 acres
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Last updated on 4/1/2010 - Terms of Use
Risk and valuation analysis of the Svetloye Project
Status Risk : Advanced discovery
Country Risk : Important
Title(s) of the Svetloye Project
Fortress Minerals Corp
Owner: 100%
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Location of the Svetloye Project
The Svetloye Gold Project is located in the Khabarovsk Region of eastern Russia approximately 750km west of Magadan, close to the port of Okhotsk.
 
History of the Svetloye Project
Phelps Dodge Exploration Corporation, through its subsidiary PD Russia, Inc. ("PDRI"), was active at Svetloye for 2 field seasons (2003 and 2004) and identified a 7km² zone of epithermal gold mineralization.
 
Geology of the Svetloye Project
Based upon preliminary results, there appear to be two potential geological gold target types at Svetloye; a large, low-grade disseminated resource and narrower high grade structurally related resource. There are extensive zones of vuggy silica, alun more...
 
Exploration and drilling
8/4/2010Executes Agreement to Sell Svetloye Gold Project in Eastern ...
6/24/2010Acceptance of Superior Proposal for Svetloye Gold Project
6/24/2010Announces Acceptance of Superior Proposal for Svetloye Gold ...
2/11/2010Acquisition of Exploration and Mining Licence for the Svetlo...
1/18/2010Mobilization Is Underway via Winter Road to the Svetloye Gol...
8/4/2009Acquires Two-Year Extension to Exploration License at Svetlo...
5/14/2009Drilling underway at Svetloye project
4/23/2009Reports Svetloye mobilization via winter road completed
1/14/2009Reports Svetloye Mobilization via Winter Road Underway
5/5/2008Closes Acquisition of Interest in Svetloye
4/17/2008Final Drill and Trench Results From Svetloye Gold Project, R...
6/29/2006Reports Results from First Two Drill Holes at Svetloye Proje...
Discoveries and Drilling Results
11/9/2009Intercepts 81.8 Metres Grading 2.66 g/t Gold Including 20.3 ...
10/28/2009Intercepts 100.8 Metres Grading 2.58 g/t Gold Including 41.0...
10/1/2009Intercepts 62.1 M Grading 3.13 g/t Gold (Uncut) at the Amy P...
8/26/2009Intercepts 26.5 Metres Grading 9.24 g/t Gold at the Elena Pr...
7/28/2009Intercepts 60.8 Meters Grading 2.62 g/t Gold and 12.4 Meters...
6/29/2009Intercepts 40.0 Metres Grading 3.68 g/t Gold and 99.4 Metres...
12/8/2008Intercepts 111.2 Meters Grading 19.39 g/t Gold, Uncut (3.33 ...
11/6/2008Intercepts 64 M Grading 1.37 g/t Gold at the Ludmilla Prospe...
8/6/2008Intercepts 91 Metres Grading 2.67 g/t Gold at the Amy Prospe...
7/16/2008Intercepts 91.8 Metres Grading 1.82 g/t Gold Expands Elena T...
6/12/2008Intercepts 19.09 g/t Gold Over 20.2m at Tamara Target, Svetl...
6/11/2008Svetloye Gold Resource Tops 1 Million Ounces
3/18/2008Drilling Underway at the Svetloye Project
1/2/2008Intercepts Additional High Grade Gold at the Elena Prospect,...
11/1/2006Intercepts 10.1 Metres Grading 38.48 g/t Gold at Tamara Targ...
11/1/2006Intercepts 10.1 Metres Grading 38.48 g/t Gold at Tamara Targ...
8/17/2006Reports Drilling Continues to Intercept Significant Gold at ...
1/4/2006Reports Additional Extensive High Grade Gold Trench Results ...
11/8/2005Reports Extensive High Grade Gold Trench Results from Svetlo...
Data last updated on : 4/23/2009
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