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Statut : Advanced discovery |
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Risques / Pays : Tres bas |
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| Underworld Resources Option on interest: 100% |
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Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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Underworld Resources acquired an option in May 2007 to earn a 100% right, title, and interest in the White Gold and recently acquired areas. |
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Gold and Black Fox gold Properties are located in the west-central Yukon Territory, 95 kilometers south of Dawson City. The Properties are located adjacent to the Yukon River and are accessible by commercial river barges for five months in the summer and fall and year round by helicopter from Dawson City.
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Significant placer gold has been historically mined in the area. Thistle Creek, to the immediate south of the White Property, has recorded production since 1976 in excess of 50,000 ounces of gold. Poorly exposed quartz veins, ranging from 0.5 to 3.0 meters wide hosting visible gold, have been discovered on both Properties.
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Property basement geology consists of five stacked thrust sheets of lower to middle-amphibolite facies Yukon-Tanana schist and gneiss. Permian metamorphic fabrics have been overprinted during Jurassic thrusting, with subsequent deformation associated Plus...
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