Millar

LOCATION AND PROPERTY DESCRIPTION

The Millar Property is located in the southern corner of British Colmbia’s “Golden Triangle” sandwiched between two major project areas – Teuton Resources’ Clone gold-cobalt porphyry deposit to the west, and Dolly Varden Silver’s namesake lead-zinc-silver-gold property to the east.

The Property is located about 26 km southeast of the mining hub town of Stewart BC. The Property is in a remote region of nunataks and glaciers, between the Cambria ice field and the Sutton and Kshwan Glaciers. The Property consists of 3 mineral claims of approximately 346 ha .

GEOLOGY AND MINERALIZATION

The property is overlies the contact between volcanic and sedimentary rocks of the Hazelton Group and quartz monzonites of the Paleogene to Eocene Hyder Pluton, This is similar to the lithologies hosting mineralization at Clone and Dolly Varden. The all-important “Red Line” – the contact of the Stuhini of coarse clastic sedimentary rocks with the Hazelton Group – is immediately to the east of the Property. The Red Line contact is a marker associated with many of the major deposits in the Golden Triangle.

EXPLORATION RESULTS

The Millar Project has similarities to both the Clone and Dolly Varden projects as the property covers both sets of lithologies located at the cusp of the intrusion hosting the Clone and the Jurassic Hazelton volcanic suite home to the Dolly Varden camp and most of the major deposits within the Golden Triangle area.

The Property hosts two documented mineral occurrences at opposite north south ends of the property. These occurrences were discovered in the mid to late 1990s by two different companies seeking gold in the area as the result of the Red Mountain discovery in similar rocks to the north. The southern most gold occurrence on the Property is the CY 3 gold quartz veins discovered by Levelland Energy who conducted a reconnaissance geochemical sampling program throughout the region. The CY 3 is a based on grab sample returning 2.97 g/t gold from a rusty, siliceous shear zone about 20 metres long, striking 250° with disseminated chalcopyrite and arsenopyrite throughout.

The Red 23 showing is at the far north claim boundary. This showing is underlain primarily by the Hazelton Group of sedimentary rocks similar to the Eskay Creek package consisting of silicified black argillite with traces of pyrrhotite. The Red 23 showing is within an intense iron oxide alteration containing 3-5% pyrrhotite and pyrite with 1-3 mm wide quartz veinlets. A rock chip sample of a silicified argillite from this area yielded anomalous precious and base metals including 130 ppb Au and 2.2 ppm Ag and a grab sample returned 1.8 ppm Ag and 0.09% Zn (BC Assessment Report 23936)