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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: tyc:> who wrote (36092)	3/16/2007 10:15:46 AM
From: onepath	of 78416

This is the history as far as I can find.. Exploration History Mt. Milligan Main deposit was discovered in 1987. Initial regional exploration work was carried out by Selco Inc. and BP Resources Canada Limited. Lincoln Resources carried out subsequent exploration work and discovered significant copper-gold mineralization in the Main deposit. Additional work by United Lincoln and Continental Gold Corp led to the discovery of Southern Star deposit in 1989. This work also identified low-grade porphyry gold and copper-gold mineralization in Goldmark and North Slope zones. Placer Dome Inc. purchased BP’s interest in the mineral claims, acquired Continental Gold in 1990, and completed a pre-feasibility study in 1991. The deposit was deemed uneconomical at metal prices of the early 1990s. In 2004 Placer Dome performed a 14-drill hole twinning program to obtain bulk metallurgical test-work samples that are representative of MBX Zone, 66 Zone and Southern Star ore-types. In 2005/2006, Placer Dome completed a pre-feasibility level study on the Mt Milligan project.

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