Idaho Creek, YT

Highlights

• 14 km² property located 130 km northwest of Carmacks along the proposed Casino Deposit access road
• Adjacent to Western Copper and Gold’s Casino Project, where Rio Tinto and Mitsubishi Materials are key investors
• Numerous gold-silver-lead-zinc epithermal veins, with grab samples including 10.08 g/t gold with 365 g/t silver
• Intrusion-related gold potential on the eastern portion of the property, where 2006 drilling ended in 122 m of 0.12 g/t gold with 1.93 g/t silver

Idaho Creek Geology & Mineralization

The property is underlain by the Early Cretaceous aged Dawson Range batholith granodiorite and diorites. The Dawson Range Batholith is intruded by the late Cretaceous Casino Suite quartz feldspar porphyry. The property is cut by the 115 km long northeast-southwest trending Dip Creek strike slip fault.

The property is in unglaciated terrain and a copper-depleted leached cap is expected in this environment, similar to the Casino deposit. Molybdenum is relatively immobile compared to copper under these weathering conditions and can be used as a vector towards blind porphyry molybdenum ± copper-gold mineralization.

The property hosts numerous high-grade silver-gold-lead-zinc bearing epithermal veins which have returned up to 209 g/t silver, 0.29 g/t gold, 0.91% lead and 1.14% zinc over 2.75 m from 250.90 m in diamond drill hole ID-07-01. Rock samples have returned up to 10.08 g/t gold, 365 g/t silver, 0.35% lead and 0.25% zinc over 1 km south of drill hole ID-07-01.

In addition, broad low-grade gold-silver mineralization has been intersected in 2006 RC drill hole which intersected 0.12 g/t gold and 1.93 g/t silver over 122 m. This hole ended in mineralization, with grade increasing with depth. It is possible that this area may host intrusion related gold mineralization.

Idaho Creek maps & Figures