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Wasi Creek Property

The 100% held Wasi Creek Property consists of 11 mineral claims totalling 66 units, covering 1,650 hectares. The property, located on the south side of the Osilinka River some 150 kilometres northwest of Mackenzie, B.C., covers areas of historic trenching of zinc, lead and silver mineralization in the Cambrian Atan Group dolomite and limestone.

In spring 2001, the Company identified old hand trenches during a reconnaissance prospecting program. One of these trenches was re-excavated exposing sphalerite, galena and pyrite mineralization hosted by light grey dolomite and breccia. The weighted average of a 5.0 metre rock chip channel sample was 5.05% zinc, 0.75% lead and 21.7g/t silver.

During the summer, the Company expanded the area of old hand trenching, which had been reopened earlier in the year, from 5 to 10 metres exposing sphalerite, pyrite and galena mineralization hosted by light grey dolomite and breccia. The weighted average of rock chip channel samples was 5.01% zinc, 0.89% lead and 18.0 g/t silver over a 10 metre width. The base metal mineralization is still open at both ends of the trench.

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