The Tulks Hill deposit is owned under a joint venture whereby the company owns 49% and Prominex Resource Corp. owns the remaining 51%. The deposit is a volcanogenic massive sulphide deposit located approximately 40 km to the south-west of Buchans and to the south-west of the company's Tulks North property. The resource at Tulks Hill is estimated to be approximately 431,000 tonnes at an average grade of 0.89% Cu, 3.97% Zn, 1.61% Pb, 35.09 g/t Ag, and 1.17 g/t Au.
|
SCOTT WILSON RPA MINERAL RESOURCE ESTIMATE OF THE T3 LENS,
JUNE 2008
|
|
Tulks Hill Deposit
|
|
Mineral Resources Above the Adit
|
|
Zone
|
Category
|
Tonnes
|
% Cu
|
% Zn
|
Grade
% Pb
|
g/t Ag
|
g/t Au
|
|
2
|
Indicated
|
290,000
|
0.91
|
5.03
|
2.00
|
38.81
|
1.24
|
|
3
|
Indicated
|
30,000
|
0.52
|
2.67
|
1.53
|
61.52
|
0.59
|
|
Total
|
Indicated
|
320,000
|
0.87
|
4.81
|
1.96
|
40.94
|
1.18
|
|
Mineral Resources Below the Adit and Elsewhere
|
|
Zone
|
Category
|
Tonnes
|
% Cu
|
% Zn
|
Grade
% Pb
|
g/t Ag
|
g/t Au
|
|
1
|
Indicated
|
4,000
|
0.79
|
1.09
|
0.41
|
26.19
|
0.31
|
|
2
|
Indicated
|
44,000
|
0.76
|
1.77
|
0.56
|
19.53
|
2.76
|
|
3
|
Indicated
|
5,000
|
0.52
|
2.46
|
1.39
|
57.95
|
0.66
|
|
4
|
Indicated
|
58,000
|
1.12
|
1.42
|
0.60
|
15.09
|
0.06
|
|
Total
|
Indicated
|
111,000
|
0.94
|
1.55
|
0.60
|
18.24
|
1.15
|