The Buchans property, owned 100% by Buchans Minerals Corporation, covers 13,433 hectares including the former producing Buchans Mine -  one of Canada’s richest base metal mines which produced 16.2 million tonnes between 1928 and 1984 grading 14.51% zinc, 1.33% copper, 7.56% lead, 126 g/t silver and 1.37g/t gold.

Over the past few years the company has developed the Lundberg resource to a point where it is now entering the early stages of development as a stand alone mine and has recently completed a positive Preliminary Economic Assessment.

In addition the company has been aggresively developing a number of other prospects that have all revealed potential for world class Buchans style mineralization. At the top of the list are Clementine West, Buchans North and Little Sandy.

The Buchans property covers highly prospective felsic and mafic volcanic rocks of the Buchans Group, which hosts the high grade, past producing Buchans mines. The Buchans ore bodies are volcanogenic massive sulphide (VMS) deposits which have similarities to other VMS deposits worldwide, in particular, the Kuroko deposits of Japan. Three ore types are commonly recognized at Buchans; in situ massive sulphides, sulphide rich debris flows, and stockwork-type stringer and disseminated mineralization. The first two account for the majority of Buchans past production.

The property is located in central Newfoundland, Canada - 160 km southwest of the town of Grand Falls and 430 km west-north-west of the provincial capital, St. John’s.  Access to the property is attained by proceeding west via paved highway from Grand Falls to the town of Buchans located in the middle of the Buchans property.