| Risk and valuation analysis of the STORIE Project |
| Status Risk : Feasibility |
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| Title(s) of the STORIE Project |
 | Columbia Yukon Explorations, Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In October 2007, CYU announced it had accelerated the payments, expenditures and share issuances under this agreement and now owns a 100% interest in the property subject to a 2.5% net smelter return. CYU’s obligations under the five year agreement were completed in less than two years. |
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| Location of the STORIE Project |
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The Storie property is located in the Liard Ming Division, 6 km southwest of the town of Cassiar, British Columbia, Canada.The property consists of two mineral tenures, with a total area of 916 ha.
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| History of the STORIE Project |
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The deposit was last actively drilled by Shell Canada in the early 1980’s. After CYU’s drilling during the 2006 season, a report issued in July 2007 by Watts, Griffis and McOuat, consulting geologists and engineers identified an NI 43-101 compliant inferred mineral resource of 101.6 M/T 0.067% Mo or 0.112% MoS2. The deposit is open along strike to the east, north, west and to depth.
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| Geology of the STORIE Project |
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The Storie molybdenum deposit occurs within the Cassiar Stock, a roughly 33 x 7 km, 70 Ma intrusion. The stock is at least locally separated by a screen of supracrustal rocks from the Cretaceous-aged
(roughly 100 Ma) Cassiar Batholith, the largest more...
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