The Grizz Claims On Five Mile Creek
Yukon Gold Claims For Sale
NOT AVAILABLE
Summary
We have conducted sufficient testing and research the property to verify consistent fine gold in alluvial gravels throughout. The composition of the overburden is primarily mineralized gravel which was laid down millenia ago when the valley was the old channel of the Sixty Mile River. Geo physical analyses by Teck Corporation reveals Gold in Quartz values from 3-6 grams to the ton and highly anomolous gold in soil values. Our shafting and surface testing program has yeilded moderate to high gold values in bench gravels. It is important to note that the overburden present is primarily gold bearing GRAVEL . While the values present here are low to moderate they still allow for profitable striping down to true pay.
Based on our findings and research into local mining yields in the immediate vicinity we estimate there to be between 20 and 35 thousand ounces if not far more, present and readily minable on the Claims, Grizz1- Grizz 14.
Reported royalties from Ten mile creek which shares the exact geology and formation with Five MIle creek Nmber nearly 200,000 ounces on 17 claims
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