ADVANCED MINING PROPERTIES
MOLYBDENUM COPPER DEPOSIT
The MAC Project is a 100% wholly-owned 44,000+ acre (17,929 ha), Advanced-Stage molybdenum-copper porphyry exploration project
MAC's 43-101 Initial Resources Estimate
other advanced projects
MAY & JENNIE GOLD MINE c/w Mineral Mining Lease
In 1974 the Indicated resource was 80,000 tonnes @ 8.57 gpt (21,094 oz) GOLD. In 1986 Player Resources exposed the vein at surface for 345m and it remains open in 3 directions. Underground, the vein varies in with from 1.52m to 7.32m wide for an average width of 4.25m. The vein has also been traced at depth to at least 71.6m vertically. The highest assays come from a 200+meter section of vein starting around the No.1 Adit and ending just shy of the northern property line. A tonnage calculation across the lease would be 350m Long x 4.25m Wide x 56m Deep x 3.4m3/tonne x 0.4 ounces per tonne (average grade) = 356,943 tonnes = 144,847 oz Gold (>$240M DOLLARS CAD). The tonnage could easily double or more depending how the vein continues at depth. This gem of a property is situated on a 41 acre, 25-year mining lease good until Feb, 2042.
The Department of Energy,
Silver Standard Resources owned this claim for the past 62 years!
WarningAll properties on this site are offered for mining purposes only. Title to a mineral or placer claim does not include ownership of the surface rights or the right to use the property for residential or recreational purposes.