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OLD TIMER PROJECT BRITISH COLUMBIA, CANADA

PROJECT OVERVIEW

The Old Timer Property is a 2,020-hectare, road-accessible property located in southern British Columbia, approximately 17 km southeast of Nelson. The Old Timer Property represents the northern-most gold occurrence in the Ymir Camp, where gold mineralization occurs in quartz-filled shear zones, with the most productive veins following regional-scale north to northeast-trending structures.

PROJECT HIGHLIGHTS

  • Total recorded production from the Ymir Camp is approximately 240,000 ounces of gold
  • Historic drilling identified one mineralized shoot, located generally at depth below the stripped zone (the Old Timer trench)
  • Numerous historic exploration pits are present in the Idun area, with a rock sample from the dump of one working returned 9.8 ppm Au
  • Three new zones of mineralization were discovered during the 2020-21 work program

LOOKING FORWARD

A two-phase program is currently being planned to further explore the property. Phase 1 would include expanding the drone-based magnetic survey over the remainder of the Property, plus ground followup in several areas of interest, with phase 2 consisting of diamond drilling and additional surface exploration.

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