Ivanhoe Creek.
The Ivanhoe Creek property, a Midas-type gold-silver prospect, is located in the in the Carlin trend in the Northern Nevada Rift area of Nevada, in close proximity to Great Basin Gold's Hollister Development Block. A C$600,000 diamond drill program commenced on May 4, 2007. The Company acquired a 50% interest in the Ivanhoe Creek property from Senator Minerals by paying $600,000 into trust for the drilling program. Extensive research of the target model has been performed by Mr. R. Redfern, C.P.G., formerly a manager of exploration for Barrick Gold.
Rosebud
The Company's 100% optioned Rosebud property is located approximately 27 miles NNW of Kingman, AZ, and consists of 40 unpatented claims of 820 acres that include approximately 2,600 feet of underground workings that were developed between 1928 and 1930. During the period 1932 to 1942 when the mine was shut down under war measures regulations, there was some minor production of high grade gold ore. ( four x 40 ton cars grading 1 opt au were reported as being shipped in 1938) .
In July, 2005, the Company completed an initial underground assessment program on the old Rosebud mine workings where sampling has generally confirmed the grades and widths as noted on the Jacobsen mine plan dated 1928 - 1932 and available for viewing on this website. The Company has received approval from the Kingman AZ office of the BLM to conduct both an underground sampling program and a 5,000 foot diamond drilling program to test the known vein structures to depth.
Flagstaff
The Flagstaff property, consisting of 16 unpatented claims of approximately 320 acres, is located approximately 15 Km south of Rossland, BC, in Washington state, and is readily accessible from the town of Northport, WA. The property is highly prospective for high grade gold and silver mineralization and contains a historic (1981) resource of 1.3 million tons of 4.2 SG barite.
Of 19,290 feet of drilling to outline the barite resource, CE Minerals reportedly intercepted 810 feet grading 0.254 ounces au/ton of which one 60 foot intercept reportedly graded an average of 1.302 ounces au/ton. The Company has made application to the Spokane office of the BLM to conduct a 1,000 ton barite bulk sample, drill up to ten diamond drill holes to test the reported high grade gold intercepts, and to conduct an IP survey on the property.
KEX is looking at the big pixshure trend. Follow the red dots.
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