Work Starting at Crowsnest Property:
International Curator Resources Ltd. and Eastfield Resources Ltd. report that all necessary permits have been obtained to commence exploration on the Crowsnest gold project in southeastern British Columbia. Field crews will mobilize next week. The Crowsnest property consists of 199 claim units covering a cluster of syenite intrusions with associated gold mineralization. This gold system has many characteristics in common with several of the world's largest gold deposits, including Cripple Creek, Colorado and Porgera, New Guinea (upwards of 26 million and 11 million ounces of gold, respectively).
Gold mineralization at Crowsnest is most commonly contained in magnetite rich syenite breccia, which has returned assays as high as 630 grams per tonne of gold (18 ounces per ton). Numerous angular gold bearing cobbles and boulders occur in glacial gravels, which are coincident with a large (1,300 by 300 meter)soil gold anomaly. Exploration will be initiated by developing drill roads into the heart of the anomaly and completing geophysical surveys (I.P. and magnetometer). These surveys, coupled with excavator trenching are intended to outline the source of the mineralized syenite breccias and delineate targets for follow-up drilling. Several additional prospective, yet unexplored, intrusions will also be mapped, prospected and geochemically surveyed. This initial exploration program is budgeted at $250,000 and will be completed by mid-August. A diamond drilling program will then ensue.
The Crowsnest property is road accessible and is located in the Flathead Valley 70 kilometers south of Fernie, British Columbia. International Curator can earn a 75% interest in the Crowsnest gold project from Eastfield by funding $3,600,000 work of exploration work and paying $500,000 in option payments over a six year period.
Lukas Lundin, President, International Curator
Bill Morton, President, Eastfield Resources |
