The Mining History of Texada Island dates back to the late 1800's when gold was discovered in volcanic hosted quartz veins in the Surprise Mountain area. This led to further discoveries of gold, copper and iron, and the establishment of several small mines at the turn of the century.

Thursday, January 12, 2012

Yew Project

The Yew Property is centered approximately 1/2 mile (0.8 km) south of the town of Vananda.
On the Yew 7 claim, a thin 10 foot (3.3 meter) limestone tabular bed sandwiched between andesite or basalt flows has been delineated containing massive pyrite, chalcopyrite and magnetite. This gold-copper skarn deposit in the replaced limestone occurs within sheared altered volcanics; adjacent to dioritic instrusives.
The mineralized skarn zone ranges in width from 8 inches to 6 feet (0.2 to 1.8 m) and has been drill tested over an area of 5.9 acres (2.5 ha.).

Recent trenching programs have defined 2 wide vertical shear zones which leaves the Yew deposit open at depth and along strike. The first shear zone intersects the above skarn zone and is approximately 10 to 16 feet (3 to 5 N) wide. Surface grab samples collected within or adjacent to this shear zone average 0.47 oz./ton gold (16.1 g/t gold). The second shear zone is 490 feet (150 H) west of the first and is approximately 95 feet (30 M) wide. Surface grab samples average 0.05 oz./ton gold (1.7 g/t gold) with the highest assay being 0.12 oz./ton gold (4.1 g/t gold). In the near future, a surface drill program is planned to delineate and increase the skarn ore reserves and to test the continuity of both shear zones along strike and at depth. In addition a program will be carried out to identify other drilling targets on the 14 claim property.

The Project has completed an IP (Induced Polarization) Survey on the Yew Pit. The results were extremely positive with the delineation of an ore-body beginning on surface to a depth 200 meters. The approximate size of the ore-body is expected to be approaching Twenty (20) million cubic meters.


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