CAY...Cache's property acquisitions are:
1.The Welsford REE Properties - one of North America's top REE prospects, located in southwestern New Brunswick, and is related to the Welsford Intrusive Complex. This peralkaline granite complex is intruded by the McKeel Lake pegmatite-aplite dyke swarm, which is host to significant Zr-Nb-Y-REE mineralization. The Welsford Intrusive Complex is similar to the Strange Lake Complex, an REE deposit located in Labrador and Quebec and the Thor Lake REE deposits in the Northwest Territories. Initial drill results announced show positive preliminary results for REE mineralization. The location of the Welsford REE Properties is supported by exceptional infrastructure, which includes accessible roads, water, and power.
2.The Louil Hills REE Property - Bull Arm Formation - located in eastern Newfoundland with rocks of peralkaline affinity. Historic sampling have shown Zr-Nb-Y mineralization, and is therefore a favorable REE exploration target.
3.Cross Hills REE Property - Located in southeastern Newfoundland, where a series of gabbro to diabase, granodiorite, biotite and peralkaline granite and minor syenite occurs. Historical exploration and sampling have revealed numerous mineral occurrences, the most significant is the discovery of Zr-Nb-Y-REE mineralization in aplite veins that intrude the peralkaline granite. In June 2011 an additional 20,923 acres were added to the Cross Hills Property. These new Claims are 100% owned by Cache Exploration. These new claims contain Zirconium, Yttrium and Niobium mineralization along with Copper showings.
4.Nunavut Rare Earth Project - Cache Exploration was granted 6 prospecting permits in December 2010 covering 3 targets on 208,000 acres in southeastern Nunavut that are known to have Th-U occurrences associated with them; these occurrences may have anomalous REE associated with them, based on analogies with other systems.
5.The Long Lake property consists of 160 claims situated in New Brunswick. The Long Lake potentiall polymetallic deposit has showings of silver, copper, molybdenum, lead, zinc from soil sampling and trench work done by previous companies working on the property. A drill program for the 2010 season is being setup with a grant from the New Brunswick covering a portion of the exploration expenses.
6.Bluff Lake Cu-Au Property - Cache has an option to earn a 70% interest in certain mineral claims known as the Bluff Lake Cu-Au Property located in the "Quesnel Trough" area of British Columbia, Canada. The Bluff Lake Cu-Au Property is located immediately north and adjacent to GWR Resource's (GWQ-X) Lac La Hache copper-gold property. The Lac La Hache Property is situated between producing mines at Imperial Metals' Mt. Polley Copper-Gold Mine and New Gold Inc.'s New Afton Copper-Gold project (Teck-Cominco's legendary Afton mine), and is well-served by rail, road and power infrastructure. This property provides a diversified portfolio for the company while concentrating on REE projects.
7.Yukon White Gold District Project - Cache Exploration has 100% ownership of 4,680 acres in the Tintina Gold area. The Claims are in the vicinity of the Underworld gold discovery of 2009 which was acquired by Kinross in 2010 in a friendly takeover.
8.The Stewart District Gold-Silver-Copper Claims - Cache Exploration has 100% ownership of 8,428 acres in the Eskay Creek/Stewart region of B.C. in 3 sections - 3,360 acre Stewart South Property, the 4,349 acre Quinn Eskay Creek Property and the 719 acre GSM Property. |
