Gold Lake is situated in the southeastern portion of the Big Burro Mountains, which are a block-faulted remnant of an east-west trending structural high known as the Burro Uplift. The Big Burro Mountains are composed primarily of Precambrian granite of the Burro Mountain batholith which has been intruded by numerous Precambrian diabase dikes, the Tyrone quartz monzonite stock of early Tertiary age and early Tertiary and rhyolite dikes and plugs. The Company has potentially identified a quartz monzonite intrusive phase within the Gold Lake project area that intrudes the Saddle Mountain rhyolite plug suggesting a possible Tyrone-age equivalent intrusive event within this area

The Company has identified a porphyry copper-molybdenum-gold target at Gold Lake which is expressed through surface geochemistry, by strong porphyry-style alteration and a large SP geophysical anomaly. A total of 228 lode mining claims covering 1,589 ha. have been located by the Company on BLM Stock Raising Homestead Lands. Drilling of this large geochemical/geophysical target is planned for November 2007

Rock chip, silt and soil geochemistry has helped to identify two areas of interest. Both are located in areas where the quartz monzonite has been identified. The largest and strongest geochemical anomaly is located southeast of Saddle Mountain where a leached cap has also been identified with elevated copper-molybdenum-gold geochemistry and is partially exposed over an area of approximately 2.9 km by 1.0 km. The second area is located to the north of Saddle Mountain in a highly altered exposure of quartz monzonite where there are numerous historic workings. Both areas show strong geochemical signatures in copper, molybdenum, gold, silver, bismuth and uranium.

Geochemically, copper is very enriched, rock chip samples with values ranging up to 11.5% with 30 samples having values greater than 0.1% Cu. Molybdenum values ranged up to 0.17% and silver and gold values ranged up to 385 gpt and 29 gpt respectively. The geophysical survey identified a large and strong 2,300 x 1,380 metre anomaly. The property represents an excellent drill target.

 

Project Highlights

• Large surface geochemical and geophysical anomaly
   

• Potential for large-scale discovery
   

• Located within Porphyry District with active mines – Tyrone, Chino

Gold Lake Gold
Rockchp Samples

Gold Lake Copper
Rockchip Samples

Gold Lake Drill
Location Map

Gold Lake
SP, IP & Geochem Anomolies