Mike, you missed one! it's big! MINA CLAUDIA PROJECT OWNED BY LAST FRONTIER THROUGH
its wholly owned Chilean subsidiary Sierra La Plata S.A. is located 38 kilometers from the City of Copiapo, Chile,
and 25 kilometers southeast from the Candelaria mine, owned 80% by Phelps Dodge and 20% by Sumitomo Corportation.
A 1996 report by Mr. P Santos, P.Eng., of Castlegar, B.C., reported that the Mina Claudia project is part of a large
Copper/Gold/Silver manto system siimilar to the nearby Candelaria mine. The report also states that the indicated
potential tonnage is "definitely greater than 200 million tonnes".
**The project currently comprising aproximately 2,000 hectares, is in intermittent production of up to 200 tonnes per
day. This small scale mining has has the added benefit of enabling new oar zones to be opened at no cost. Recent selected
grab samples from thies ore zones have ranged from 2.54% to 9.12% copper, 0.7 to 52.8 grams silver, and 0.07 to 0.21
grams gold per metric tonne. A recent bulk sample consisting of 23.27 metric tonnes returned and average grade of 2.13%
copper.
**A recent report by Mr. Gordon House, P.Geo., dated February 15, 1997, states in part, "mineralization was observed to
extend over 300 meters along strike and to be 100 meters thick on the Mina Claudia (claim).
**How much did MEDINAH ENERGY INC. sell this great project for, in 1998 when it took this off the books? or did they? |
