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Swannell Property

To date, this mineralized structure has only been explored for 150 metres along strike and 100 metres down dip. Additional drilling is recommended along strike and down dip to locate higher grade and thicker mineralized horizons. There are several untested soil geochemical anomalies elsewhere on the property that remain highly attractive drill targets. Recommended future work on the Swannell and adjoining Ingenika Properties includes a study to determine glacial ice direction in order to locate the source area of the base metal soil anomalies.

The most significant results from exploration to date on the Swannell showing are:

Hole Number Length (m) Zinc (%) Lead (%)Silver (g/t)
CS-57-01,1st Horizon 1.714.54.337.7
2nd Horizon 1.815.41.210.3
 0.912.61.317.1
CS-85-06,1st Horizon9.65.831.2915.3
Incl.2.812.040.9911.3
2nd Horizon10.65.050.304.30

Follow-up drilling by Cross Lake in 2001 and 2002 intersected the mineralized horizons. The significant results are tabulated below:

HoleNumber From (m)To (m)Interval (m)Zinc (%)Lead (%) Silver (g/t)
CS-01-8, 1st horizon 57.360.33.03.560.928.4
incl.57.358.31.08.612.2420.2
2nd horizon79.2 83.7 4.5 4.16 0.46 6.5
incl. 79.2 80.2 1.0 7.00 1.29 13.2
And 82.2 83.2 1.0 6.22 0.27 4.4
CS-01-9 89.7 90.7 1.0 2.47 0.99 13.4
CS-01-10 1st horizon 60.5 64.5 4.0 5.07 0.64 8.7
Incl. 62.5 64.5 2.0 8.81 1.11 14.8
2nd horizon 92.4 95.4 3.0 5.82 3.17 28.2
Incl. 92.4 94.4 2.0 7.74 1.57 13.5