The Mil Property lies approximately 80 kilometres north
of Fort St James and 15 kilometres southwest of Terrane
Metals' Mt. Milligan copper-gold deposit, which is currently
progressing towards development. The property consists
of 33 mineral claims with a total area of 13,920 hectares.
The property is completely covered by glacial overburden,
which has historically hampered conventional exploration.
The Mil Property encompasses 2 large regional-scale aeromagnetic
highs generally trending in a northwesterly direction.
One linear trend passes through the eastern portion of
the property northwesterly to the Nation River. A larger,
strongly magnetic anomaly measuring ten by five kilometres
in diameter extends from the south of the property northwesterly
to Witch Lake.
An IP survey, testing the large linear trending magnetic
anomaly, was completed in 2008. Coincident induced polarization
(IP) chargeability and resistivity high anomalies flank
a prominent magnetic high anomaly. The target measures
1500 meters by 1000 meters and is interpreted to lie approximately
75 to 100 meters below surface and beneath the depth of
penetration of prior IP surveys.
Results from historic soil geochemical surveys available
in government open files indicate coincident copper+gold
anomalies in glacial till with values up to 2,300 parts
per billion Au, immediately east of the geophysical target.
The glacial ice movement is interpreted to have been from
west to east, which would potentially place the gold source
in the vicinity of the geophysical target.
In October 2009, three holes totaling 790 meters were
drilled testing two targets. Two holes testing an IP anomaly
in the eastern portion of the block did not return significant
values. A third hole, testing an IP anomaly in the central
portion of the property, encountered mafic volcanics cut
by feldspar porphyry dykes beneath deep overburden. Copper
values increased over the final 50 meters of the hole,
with the strongest values 0.11% copper over the last eight
meters in a strongly pyritic and silicified zone. This
suggests that the target lies below the depth tested by
this hole. The results at Mil will be integrated with
prior exploration data to determine the next steps at
this well located property.