Jeep
Ongoing follow up activities consisting of mechanical and hydraulic surface stripping have, to date, exposed three separate mineralized showings that are currently being systematically sampled and chemically assayed.
Expenditures on the Jeep property during the quarter and the six month period ended June 30, 2009 involved compilation and modeling of mineralization on the property. Field sampling was initiated during the quarter to investigate outcrops where the Company’s modeling suggested the presence of mineralization. A detailed analysis of the projections of this data suggests the existence of predictable distribution patterns of quartz veins and the possible location of mineralized intersects.
Activities Contemplated for the Future
Subject to the results of assays and geological interpretations generated from the current systematic outcrop stripping and rock sampling campaign, the Company intends to investigate the extent and concentration of mineralization will be by drilling programs in late 2009 and winter 2010.
