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Very High Assays in Drilling
Location: Yukon Territory, Canada
Minerals: Silver, gold
Ownership: 100%
Status: Phase I exploration: geochemical/geophysical proposed
The Eagle property has produced very high assays for silver since exploration first occurred there in 1964. The initial drill program, consisting of 29 holes, encountered assays as high as 222.4 oz Ag/ton over 4 feet in hole #23 and 55 oz Ag/ton over 6.9 feet in hole JB1. Follow-up drilling in 1978, designed to expand on the discoveries of hole #23, encountered 61.6 feet of mineralization with values ranging from .38 to 4.26 oz Ag/ton. This discovery became known as the Eagle vein, and it clearly justifies further exploration.
Proposed Work Program
A study carried out in August of 2002 recommended geochemical and geophysical exploration to examine the continuity of the Eagle vein. Drilling and underground exploration would follow based on the success of the first work. A budget of C$160,000 has been proposed by MineStart management to carry out further work on the Eagle claims. Avino management is presently considering this proposal.
Part of the Historic Keno Hill Mining Camp
The Keno Hill mining camp is one of Canada's most productive for silver, lead and zinc. Between 1920 and 1988, the total reported production was 4,787,423 tonnes with recovered grades of 1.3 kg/t silver, 5.6% lead and 3.1% zinc. Subsequent exploration in the district has discovered additional large mineral deposits, and these may become productive in the near future.
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