HudBay Minerals Inc. 2005 Exploration Update.WINNIPEG Winnipeg, city, Canada Winnipeg (wĭn`ĭpĕg), city (1991 pop. 616,790), provincial capital, SE Man., Canada, at the confluence of the Red and Assiniboine rivers. , Manitoba Manitoba (mănĭtō`bə), province (2001 pop. 1,119,583), 250,934 sq mi (650,930 sq km), including 39,215 sq mi (101,580 sq km) of water surface, W central Canada. -- HudBay Minerals Inc. (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :HBM HBM Human Body Model HBM Human Brain Mapping HBM Hottinger Baldwin Messtechnik GmbH (German company) HBM High Bone Mass HBM Hybrid Bilayer Membrane HBM Humming Bird Medal HBM Her/His Britannic Majesty ) (HudBay) announces the following 2005 exploration update at its Hudson Bay Hudson Bay, inland sea of North America, c.475,000 sq mi (1,230,000 sq km), c.850 mi (1,370 km) long and c.650 mi (1,050 km) wide, E central Canada. Hudson Bay and James Bay (its southern extension) and all their islands border Nunavut Territory, Manitoba, Ontario, Mining and Smelting smelting, in metallurgy, any process of melting or fusion, especially to extract a metal from its ore. Smelting processes vary in detail depending on the nature of the ore and the metal involved, but they are typified in the use of the blast furnace. Co., Limited (HBMS HBMS Hudson Bay Mining and Smelting (Manitoba, Canada) ) subsidiary in the Flin Flon Flin Flon (flĭn flŏn), city (1991 pop. in Manitoba, 7,119; in Saskatchewan, 330), on the Man.-Sask. border, Canada. It is a mining and smelting center in a region producing copper, zinc, silver, gold, and cadmium; it also serves a lumbering Greenstone Belt Greenstone belts are zones of variably metamorphosed mafic to ultramafic volcanic sequences with associated sedimentary rocks that occur within Archaean and Proterozoic cratons between granite and gneiss bodies. in Northern Manitoba and Saskatchewan Saskatchewan, province, Canada Saskatchewan (səskăch`əwən, –wän', săs'–), province (2001 pop. 978,933), 251,700 sq mi (651,903 sq km), W Canada. . For illustrations and historical data readers should access the HudBay web site at www.hudbayminerals.com. The 2005 program, from February February: see month. to year end, was funded by $10 million flow through financings completed in 2005 and is part of HudBay's planned $30 million, three year exploration program in the Greenstone Belt. Exploration was managed by HBMS' Hudson Bay Exploration and Development Company Limited (HBED HBED N,n'-Bis- (2-Hydroxybenzyl)ethylenediamine-N,n'-Dipropionic Acid (a chelator) ) subsidiary and by year end approximately ap·prox·i·mate adj. 1. Almost exact or correct: the approximate time of the accident. 2. 60% of the 2005 flow-through funding had been expended ex·pend tr.v. ex·pend·ed, ex·pend·ing, ex·pends 1. To lay out; spend: expending tax revenues on government operations. See Synonyms at spend. 2. . HudBay has a greater exploration drilling intensity during winter months when drill site access is facilitated. During 2005, approximately 38,636 meters of surface diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral in 69 holes was completed. The program excludes exploration in the Company's operating mines. The 2005 program focussed on diamond drilling of mineral deposit targets, structural targets and geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. anomaly Abnormality or deviation. Pronounced "uh-nom-uh-lee," it is a favorite word among computer people when complex systems produce output that is inexplicable. See software conflict and anomaly detection. targets. "I am pleased with the encouraging results from the 2005 program," said Peter R. Jones, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of HudBay. "The results justify a continuation of our planned $30 million exploration expenditure over three years." NOTE: To view the map of the 'Flin Flon n. pl. 1. See Flo. Greenstone green·stone n. Any of various altered basic igneous rocks colored green by chlorite, hornblende, or epidote. greenstone Noun NZ a type of green jade used for Maori carvings and ornaments Belt' please visit the following link - http://www.ccnmatthews.com/docs/hbm0320.doc Mineral Deposit Targets During 2005, 15,456 meters were drilled in 29 holes on four deposits close to the Snow Lake concentrator: Talbot Lake deposit 83 km from Snow Lake concentrator Harmin deposit 70 km from Snow Lake concentrator Watts River deposit 52 km from Snow Lake concentrator Bur deposit 22 km from Snow Lake concentrator Talbot Lake Target The Talbot Lake steeply dipping dipping application of insecticide in large volume, dilute solution over the entire body for the purpose of controlling external parasites. It may be done in a plunge bath where the animal is totally immersed and must swim to the other end, or by spray dip where the animal passes copper and zinc zinc, metallic chemical element; symbol Zn; at. no. 30; at. wt. 65.38; m.p. 419.58°C;; b.p. 907°C;; sp. gr. 7.133 at 25°C;; valence +2. Zinc is a lustrous bluish-white metal. It is found in Group 12 of the periodic table. deposit has massive sulphide sulphide: see sulfide. , sulphide breccias and disseminated disseminated /dis·sem·i·nat·ed/ (-sem´i-nat?ed) scattered; distributed over a considerable area. dis·sem·i·nat·ed adj. Spread over a large area of a body, a tissue, or an organ. stringer string·er n. 1. One that strings: a stringer of beads. 2. Architecture a. A long heavy horizontal timber used as a support or connector. b. A stringboard. zones that are all coarsely coarse adj. coars·er, coars·est 1. Of low, common, or inferior quality. 2. a. Lacking in delicacy or refinement: coarse manners. b. crystalline Like a crystal. It implies a uniform structure of molecules in all dimensions. For example, phase change technology, widely used for rewritable optical discs, uses crystalline spots (bits) to reflect the laser beam. Amorphous, non-crystalline bits do not reflect light. . During 2005, 5,747 meters were drilled in nine drill holes and all holes intersected mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. . Two notable intersections were: - 4.17% Cu, 5.52% Zn over 7.65 meters in hole TLS (1) (Transport Layer Security) A security protocol from the IETF that is based on the Secure Sockets Layer (SSL) 3.0 protocol developed by Netscape. TLS uses digital certificates to authenticate the user as well as authenticate the network (in a wireless 004 - 5.17% Cu, 3.59% Zn over 4.20 meters in hole TLS006 Harmin Target The Harmin copper and zinc deposit has two steeply dipping massive sulphide lenses, associated breccias and stringer zones. During 2005, 3,333 meters in seven holes were drilled. Six holes intersected mineralization and notable intersections in hole HZS HZS Hogere ZeevaartSchool (Dutch type of maritime academy) HZS Hrvatski Zrakoplovni Savez (Croatian Aeronautical Federation) 001 were: - 2.42% Cu, 1.33% Zn over 8.10 meters, from 322.03 to 330.13m - 2.18% Cu, 2.97% Zn over 31.89 meters, from 338.53 to 370.42m Watts Watts, residential section of south central Los Angeles. Named after C. H. Watts, a Pasadena realtor, the section became part of Los Angeles in 1926. Artist Simon Rodia's celebrated Watts Towers are there. River Target The Watts River copper and zinc deposit has a steeply dipping main zone of massive sulphide, associated disseminated and stringer sulphide mineralization as well as a parallel zone, the Watts River East Zone, of disseminated and stringer chalcopyrite chalcopyrite (kăl'kəpī`rīt, kăl`kōpī'rīt) or copper pyrites (pīrī`tēz, pə–), brass-yellow mineral, sometimes with an iridescent tarnish. , pyrite pyrite (pī`rīt) or iron pyrites (pīrī`tēz, pə–, pī`rīts), pale brass-yellow mineral, the bisulfide of iron, FeS2. , pyrrhotite pyrrhotite (pĭr`ətīt) or magnetic pyrites, bronze-yellow to bronze-red mineral, a sulfide of iron sometimes containing nickel. It tarnishes easily and is somewhat magnetic. and sphalerite sphalerite (sfăl`ərīt, sfā`–), mineral composed of zinc sulfide, usually containing some iron and a little cadmium. It occurs in crystals of the isometric system but more generally in cleavable, compact masses. mineralization. During 2005, 2,181 meters were drilled in six holes. Four holes intersected mineralization and two holes were abandoned due to casing movement. Notable main zone intersections were: - 3.04% Cu, 0.79% Zn over 3.07 meters in drill hole WRS WRS Wisconsin Retirement System WRS Weather Reconnaissance Squadron (USAF) WRS Worldwide Reference System (USGS) WRS Water Recovery System WRS Wildlife Reserves Singapore 001 - 1.21% Cu, 2.24% Zn over 3.73 meters in drill hole WRS004 - 2.51% Cu, 2.44% Zn over 13.79 meters in drill hole WRS005 Results indicate an increase in the thickness thickness (thik´nes) a measurement across the smallest dimension of an object. triceps skinfold (TSF) thickness and grade of the deposit at depth. Bur Target The steeply dipping Bur copper and zinc deposit has fine grained massive sulphide and associated disseminated sulphides. The massive sulphide mineralization is atypical atypical /atyp·i·cal/ (-i-k'l) irregular; not conformable to the type; in microbiology, applied specifically to strains of unusual type. a·typ·i·cal adj. of the Flin Flon Greenstone belt as it is uncharacteristically un·char·ac·ter·is·tic adj. Unusual or atypical: an uncharacteristic display of anger. un thin and laterally lat·er·al adj. 1. Of, relating to, or situated at or on the side. 2. Of or constituting a change within an organization or a hierarchy to a position at a similar level, as in salary or responsibility, to the one being left: extensive. During 2005, 4,195 meters in seven complete holes and one incomplete hole were drilled. Mineralization was intersected by all of the completed holes. Notable intersections were: - 3.06% Cu, 8.55% Zn over 1.36 meters in drill hole BZS BZS Badmintonska Zveza Slovenije (badminton club, Slovenia) 004 - 1.29% Cu, 4.49% Zn over 2.05 meters in drill hole BZS005 - 0.20% Cu, 10.39% Zn over 0.47 meters in drill hole BZS006 A National Instrument NI 43-101 (NI 43-101) non-compliant mineral resource estimate was done for the deposit in the early 1990s. The HBED employed geologists A geologist is a contributor to the science of geology. Geologists are also known as earth scientists or geoscientists. The following is a list of famous or notable geologists. who prepared the estimate determined that from surface to the -600 meter meter, unit of measure meter, abbr. m, fundamental unit of length in the metric system. The meter was originally defined as 1/10,000,000 of the distance between the equator and either pole; however, the original survey was inaccurate and the meter was later level the mineral resources Noun 1. mineral resources - natural resources in the form of minerals natural resource, natural resources - resources (actual and potential) supplied by nature were:
Category Tonnes %Cu %Zn
-------- ------ --- ---
Indicated 391,061 2.01 8.98
Inferred 896,655 1.94 7.68
The estimate was based on 38,266 meters of diamond drilling in 117 holes drilled between 1971 and 1992, including 13 holes below the - 600 meter level which were not used in the estimate. Drill hole intersections, included in the estimate, were diluted di·lute tr.v. di·lut·ed, di·lut·ing, di·lutes 1. To make thinner or less concentrated by adding a liquid such as water. 2. To lessen the force, strength, purity, or brilliance of, especially by admixture. to a minimum horizontal width of 1.52 meters. Structural Targets During 2005, 17,533 meters were drilled on structural targets including 7,153 meters in 13 holes in the prior Chisel chisel Cutting tool with a sharpened edge at the end of a metal blade, used (often by driving with a mallet or hammer) in dressing, shaping, or working a solid material such as wood, stone, or metal. Lake Mine area, 1,632 meters in four holes in the prior Anderson Lake Anderson Lake may refer to:
tr. & intr.v. deep·ened, deep·en·ing, deep·ens To make or become deep or deeper. Noun 1. deepening - a process of becoming deeper and more profound in the prior Birch Lake Birch Lake may refer to: Cities, towns, townships etc.
During 2005, 7,676 meters were drilled in seven holes in the three areas, including the Myo Rhyolite rhyolite, fine-grained light-colored acidic volcanic rock. Rhyolite is chemically the equivalent of granite, and is thus composed primarily of quartz and orthoclase feldspar with subordinate amounts of plagioclase feldspar, biotite mica, amphiboles, and pyroxenes. , the Flin Flon Mine Footwall foot·wall n. Geology 1. The mass of rock underlying a mineral deposit in a mine. 2. The underlying block of a fault having an inclined fault plane. and the Sub-Missi Sediment sediment, mineral or organic particles that are deposited by the action of wind, water, or glacial ice. These sediments can eventually form sedimentary rocks (see rock). , to explore the prior Flin Flon Mine Horizon. Drilling the Myo Lake Rhyolite did not intersect In a relational database, to match two files and produce a third file with records that are common in both. For example, intersecting an American file and a programmer file would yield American programmers. notable sulphide mineraliztation. Drilling in the Flin Flon Mine Footwall intersected a fault block of the Flin Flon mine stratigraphy stratigraphy, branch of geology specifically concerned with the arrangement of layered rocks (see stratification). Stratigraphy is based on the law of superposition, which states that in a normal sequence of rock layers the youngest is on top and the oldest on the that was additionally defined on surface by detailed mapping. One deep hole below the Missi Sediment cover was drilled and drilling was suspended sus·pend v. sus·pend·ed, sus·pend·ing, sus·pends v.tr. 1. To bar for a period from a privilege, office, or position, usually as a punishment: suspend a student from school. in what are interpreted as the hanging wall rocks of the Flin Flon Mine Horizon at a depth of 1,811 meters. Geophysical Targets During 2005, 5,647 meters were drilled in 15 holes testing 12 geophysical anomaly targets. One drill hole, NER 200, intersected a new occurrence of disseminated to near solid sulphide mineralization. The notable intersections in hole NER 200 were: - 1.54 g/t Au, 0.69 g/t Ag, 0.02% Cu, 4.54% Zn over 0.16 meters from 290.49m to 290.65m - 2.74g/t Au, 10.29 g/t Ag, 5.10% Cu, 0.77% Zn over 0.29 meters from 294.93 to 295.22m 2005 HudBay Procedures Exploration core drilling was either NQ or BQ size. The core was logged and mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. intersections were marked for sampling and assaying assaying (əsā`yĭng, ăs`āyĭng), in metallurgy, process of determining the specific metallic content of an ore, alloy, or other substance, especially one containing precious metals. , by HBED employed geologists. The marked intersections or intervals were sawn in half by a diamond saw and one half of the core was placed in plastic bags and tagged with unique sample numbers, while the second half was returned to the core box and stored. Each bagged core sample was transported to the HBMS assay ASSAY. A chemical examination of metals, by which the quantity of valuable or precious metal contained in any mineral or metallic mixture is ascertained. 2. By the acts of Congress of March 3, 1823, 3 Story's L. U. S. 1924; of June 25, 1834, 4 Shars. cont. Story's L. U. S. laboratory in Flin Flon, Manitoba where it was dried, crushed and pulverized pul·ver·ize v. pul·ver·ized, pul·ver·iz·ing, pul·ver·iz·es v.tr. 1. To pound, crush, or grind to a powder or dust. 2. To demolish. v.intr. and a 250 gram sample was prepared for assaying. From each 250 gram sample 0.25 grams was removed and leached in aqua regia aqua regia (äk`wə rē`jēə) [Lat.,=royal water], corrosive, fuming yellow liquid prepared by mixing one volume of concentrated nitric acid with three to four volumes of concentrated hydrochloric acid. and analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. by ICP-AES ICP-AES Inductively Coupled Plasma Atomic Emission Spectroscopy ICP-AES Inductively Coupled Plasma Atomic Emission Spectrophotometry for Ag, Cu, Zn, As, Pb, Ni and Fe. Also from the 250 gram sample, 15 grams was removed for gold determination by fire assaying with Atomic Indivisible. An atomic operation, or atomicity, implies an operation that must be performed entirely or not at all. For example, if machine failure prevents a transaction to be processed to completion, the system will be rolled back to the start of the transaction. Absorption finish. Assaying integrity is monitored internally with a quality control program, which includes the use of assay sample standards, blanks, duplicates and repeats and externally through national and international programs. In addition, within each group of 20 core samples, one core sample has a second 250 gram split collected for check assaying at Acme (company, jargon) ACME - /ak'mee/ 1. A Company that Makes Everything. The canonical imaginary business. Possibly also derived from the word "acme" meaning "highest point". 2. A program for MS-DOS. Analytical analytical, analytic pertaining to or emanating from analysis. analytical control control of confounding by analysis of the results of a trial or test. Laboratories Ltd. in Vancouver Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. B.C. News Release and Attachments The news release and attached tables provide core lengths and additionally where indicated, estimated horizontal lengths of mineralization intersected. True widths are not provided. Where metal assays are provided for intersections they are either a single assay of a sample of the entire intersection intersection /in·ter·sec·tion/ (-sek´shun) a site at which one structure crosses another. intersection a site at which one structure crosses another. length or a composite of assays calculated from interval weighted assays over the intersection length. The data herein and the contents of this press release have been reviewed by Kelly Kel·ly , Ellsworth Born 1923. American abstract painter and sculptor whose works are characterized by flat color areas with sharply defined edges. Kelly, Emmett 1898-1979. Gilmore Gilmore is a surname, and may refer to: People
(2) In data entry operations, to compare the keystrokes of a second operator with the data entered by the first operator to ensure that the data were typed in accurately. See validate. the authenticity The correct attribution of origin such as the authorship of an e-mail message or the correct description of information such as a data field that is properly named. Authenticity is one of the six fundamental components of information security (see Parkerian Hexad). and validity of the data. Attached to this news release are tables showing the 2005 drill results. Prior periods and previously undisclosed drill results for Talbot Lake deposit, Harmin deposit, Watts River deposit and the Bur deposit together with graphics may be found at the HudBay web site at www.hudbayminerals.com. About HudBay Minerals Inc. HudBay Minerals Inc. is an integrated mining and metal producing company that operates mines and concentrators in Northern Manitoba and a metal processing complex in Flin Flon, Manitoba. The company also owns a zinc oxide zinc oxide, chemical compound, ZnO, that is nearly insoluble in water but soluble in acids or alkalies. It occurs as white hexagonal crystals or a white powder commonly known as zinc white. production facility in Brampton, Ontario Brampton (IPA: ˈbræmptən, ˈbræmtən) is a city in the GTA of Ontario, Canada and the seat of Peel Region. As of the 2006 census, Brampton's population stood at 433,806. , a copper refinery in Michigan Michigan (mĭsh`ĭgən), upper midwestern state of the United States. It consists of two peninsulas thrusting into the Great Lakes and has borders with Ohio and Indiana (S), Wisconsin (W), and the Canadian province of Ontario (N,E). and the former producing Balmat zinc mine in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of State, which is being reopened. Forward Looking Statements Certain information regarding HudBay set forth in this document, including management's assessment of HudBay's future plans and operations contains forward looking statements that involve substantial known and unknown risks and uncertainties. These forward looking statements are subject to numerous risks and uncertainties, some of which are beyond HudBay's and management's control, including but not limited to, the impact of general economic conditions, industry conditions, fluctuation Fluctuation A price or interest rate change. of commodity prices, risks related to the integration of acquisitions, fluctuation of foreign exchange rates, imperfection im·per·fec·tion n. 1. The quality or condition of being imperfect. 2. Something imperfect; a defect or flaw. See Synonyms at blemish. imperfection Noun 1. of mineral reserve and mineral resource estimates, commodity prices, risks associated with exploration, development and mining, environmental risks, industry competition, availability of qualified personnel and management, timely and cost effective access to sufficient capital from internal and external sources. HudBay's actual results, performance or achievement could differ materially from those expressed in or implied by, these forward looking statements and, accordingly, no assurance can be given that any of the events anticipated to occur or transpire from the forward looking statements will provide any benefits to HudBay.
2005 Drill Hole Locations
Mineral Deposit Targets
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Grid(1) Grid(1) Grid(1) Hole Hole Hole
East North Elev. Length Azimuth Dip
Hole meters meters meters meters degrees degrees
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Talbot Target
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TLS001 725.0 180.0 0 332.0 285.0 -60.0
TLS002 850.0 260.0 0 519.0 285.0 -67.0
TLS003 700.0 280.0 0 323.0 285.0 -60.0
TLS004 1015.0 140.0 0 749.0 285.0 -70.0
TLS005 850.0 110.0 0 617.0 285.0 -67.0
TLS006 1015.0 240.0 0 767.0 285.0 -70.0
TLS007 1040.0 800.0 0 759.0 285.0 -76.0
TLS008 1100.0 160.0 0 881.0 285.0 -70.0
TLS009 1100.0 280.0 0 800.0 285.0 -68.0
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Harmin Target
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HZS001 185.0 400.0 0 449.0 114.0 -55.0
HZS002 175.0 500.0 0 521.0 114.0 -65.0
HZS003 345.0 450.0 0 189.0 114.0 -55.0
HZS004 380.0 100.0 0 200.0 114.0 -55.0
HZS005 125.0 420.0 0 644.0 114.0 -66.0
HZS006 105.0 520.0 0 668.0 114.0 -70.0
HZS007 130.0 300.0 0 662.0 114.0 -70.0
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Watts River Target
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WRS001 2745.0 400.0 0 326.0 285.0 -65.0
WRS002 2695.0 200.0 0 272.0 285.2 -57.0
WRS003 3122.0 100.0 0 101.0 286.1 -75.0
WRS004 2865.0 300.0 0 479.0 283.0 -65.0
WRS005 3123.0 100.0 0 791.0 286.1 -75.0
WRS006 2965.0 370.0 0 212.0 283.0 -65.0
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Bur Target
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BZS001 -579.1 1645.9 0 455.0 130.0 -65.0
BZS002 -487.7 3383.3 0 533.0 130.0 -70.0
BZS003 -442.0 3017.5 0 401.0 130.0 -70.0
BZS004 -518.2 3931.9 0 596.0 130.0 -80.0
BZS005 -533.4 2377.4 0 452.0 130.0 -65.0
BZS006 -670.6 4480.6 0 758.0 130.0 -80.0
BZS007 -542.5 1188.7 0 392.0 130.0 -65.0
BZS008(2) -503.0 3370.0 0 608.0 130.0 -85.0
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(1) The grids for each target area and geophysical anomaly holes are
independent and separately oriented.
(2) Incomplete and hole excluded from total holes drilled in 2005.
2005 Drill Hole Locations
Structural Targets
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Grid(1) Grid(1) Grid(1) Hole Hole Hole
East North Elev. Length Azimuth Dip
Hole meters meters meters meters degrees degrees
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Anderson Mine Area
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AS0501 66.0 2743.0 0 296.0 122.0 -60.0
AS0502 -116.0 2702.0 0 766.0 113.0 -78.0
AS0503 66.0 2743.0 0 308.0 110.0 -58.0
AS0504 66.0 2743.0 0 262.0 129.0 -62.0
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Chisel Mine Area
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CH0501 48715.0 20356.0 0 581.0 47.0 -87.0
CH0502 48114.0 20154.0 0 683.0 47.0 -90.0
CH0503 48293.0 20761.0 0 317.0 320.0 -82.0
CH0504 48270.0 20823.0 0 872.0 337.0 -75.0
CH0505 48051.0 20244.0 0 692.0 97.0 -78.0
CH0506 48555.0 20834.0 0 554.0 117.0 -73.0
CH0507 48640.0 20211.0 0 560.0 287.0 -68.0
CH0508 48196.0 20991.0 0 239.0 317.0 -78.0
CH0509 48196.0 20991.0 0 224.0 287.0 -80.0
CH0510 48196.0 20991.0 0 239.0 287.0 -85.0
CH0511 48114.0 21097.0 0 821.0 217.0 -85.0
CH0512 48511.7 20533.4 0 242.0 204.0 -74.0
CH0513 48511.7 20533.4 0 752.0 194.0 -85.0
CH961DPN(3) 47805.4 20670.6 0 912.0 47.0 -90.0
CH9712DPN(3) 47812.8 20533.4 0 807.0 47.0 -90.0
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Birch Lake Mine Area
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B090 -445.0 1645.2 0 941.0 108.0 -70.0
B89W1DPN(3) -386.5 1524.0 0 1042.0 108.0 -78.0
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Flin Flon Mine Area
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FFS033 91.4 -365.0 0 610.0 40.0 -55.0
FFS034 -548.6 -357.2 0 845.0 40.0 -55.0
FFS035 -1005.8 563.9 0 755.0 40.0 -60.0
FFS036 -154.8 -443.3 0 1265.0 240.0 -55.0
FFS037 -202.1 -951.3 0 1055.0 240.0 -55.0
FFS038 -185.9 -469.1 0 1335.0 240.0 -55.0
FFM004 53382.0 -19523.0 0 1811.0 135.0 -85.0
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(1) The grids for each target area and geophysical anomaly holes are
independent and separately oriented.
(3) Hole deepening, total depth shown in table. Hole not included in
drill hole count.
Net meters drilled were CH961DPN (241m), CH9712DPN (250m) and
B89W1DPN (131m).
2005 Drill Hole Locations
Geophysical Targets
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Grid(1) Grid(1) Grid(1) Hole Hole Hole
East North Elev. Length Azimuth Dip
Hole meters meters meters meters degrees degrees
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Har Area
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HAR106 800.0 900.0 0 288.0 285.0 -55.0
HAR107 300.0 1100.0 0 392.0 105.0 -55.0
HAR108 300.0 300.0 0 629.0 83.0 -55.0
HAR109 700.0 400.0 0 281.0 263.0 -55.0
HAR110 800.0 300.0 0 341.0 288.0 -55.0
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Kus/Freebeth Area
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KUS303 600.0 1400.0 0 254.0 268.0 -55.0
FB151 425.0 300.0 0 278.0 109.0 -55.0
FB152 700.0 300.0 0 317.0 196.0 -55.0
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Flin Flon Area
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NER198 575.0 500.0 0 770.0 122.0 -60.0
NER199 500.0 600.0 0 379.0 302.0 -50.0
NER200 605.0 500.0 0 389.0 302.0 -50.0
NER201 50.0 700.0 0 512.0 101.0 -50.0
NER202 -54.8 1829.0 0 152.0 65.0 -45.0
NER203 280.0 400.0 0 348.0 122.0 -65.0
STACK001 -490.0 1100.0 0 317.0 96.0 -45.0
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(1) The grids for each target area and geophysical anomaly holes are
independent and separately oriented.
2005 Drill Hole Intersection Assay Results(4)
Mineral Deposit Targets
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Core(5) Horiz.(6)
From To Length Width Au Ag Cu Zn
Hole Zone meters meters meters meters g/t g/t % %
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Talbot Target
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TLS001 Main 251.00 253.70 2.70 2.23 1.09 24.16 0.66 0.38
TLS002 Main 416.90 421.00 4.10 2.87 1.55 36.43 2.33 0.87
TLS003 Main 217.00 224.10 7.10 5.80 0.34 12.65 0.88 0.81
TLS004 Main 667.60 675.25 7.65 5.54 1.55 62.73 4.17 5.52
TLS004 FW 718.20 719.00 0.80 0.70 0.00 1.37 0.08 31.61
TLS005 Main 461.50 468.40 6.90 5.17 10.36 54.54 0.29 0.74
TLS006 Main 640.25 644.45 4.20 2.94 3.15 53.05 5.17 3.59
TLS007 Main 718.90 720.00 1.10 0.68 1.21 39.12 2.36 1.76
TLS008 Main 805.10 808.00 2.90 2.14 1.34 36.90 2.61 3.21
TLS009 HW 687.00 689.30 2.30 1.90 1.36 37.80 2.43 2.54
TLS009 Main 699.25 700.60 1.35 1.05 0.31 10.84 1.81 3.39
---------------------------------------------------------------------
---------------------------------------------------------------------
Harmin Target
---------------------------------------------------------------------
HZS001 Main 322.03 330.13 8.10 6.09 0.26 22.05 2.42 1.33
HZS001 FW 338.53 370.42 31.89 24.09 0.21 19.83 2.18 2.97
HZS002 Main 400.66 421.71 21.05 12.76 0.15 5.34 0.33 0.39
HZS002 FW 433.27 442.70 9.43 5.72 0.18 4.49 0.31 0.37
HZS003 Main 107.35 108.79 1.44 0.47 1.26 76.65 0.04 0.03
HZS003 FW 118.75 122.57 3.82 1.26 0.05 7.32 0.71 3.56
HZS004 Main 139.27 141.73 2.46 1.73 0.08 4.56 0.35 0.52
HZS004 FW 165.50 166.50 1.00 0.70 0.86 11.66 0.96 1.95
HZS005 Main 493.82 498.21 4.39 2.97 0.16 15.13 1.46 2.78
HZS005 FW 560.00 564.96 4.96 3.49 No notable assays
HZS006 Main 571.31 581.23 9.92 5.64 0.18 4.66 0.37 0.09
HZS006 FW 637.75 642.85 5.10 2.94 No notable assays
HZS007 Main 561.50 561.87 0.37 0.23 0.10 0.00 0.02 0.00
HZS007 FW 591.00 600.00 9.00 5.57 No notable assays
---------------------------------------------------------------------
---------------------------------------------------------------------
Watts River Target
---------------------------------------------------------------------
WRS001 Main 217.83 220.90 3.07 2.40 0.94 44.85 3.04 0.79
WRS002 Main 169.85 170.00 0.15 0.14 0.03 3.43 0.20 0.06
WRS003 Abandoned
WRS004 Main 369.60 373.33 3.73 3.60 0.35 21.96 1.21 2.24
WRS005 East 209.21 214.88 5.67 4.72 0.27 27.43 0.39 1.32
WRS005 Main 724.64 738.43 13.79 12.40 0.57 23.47 2.51 2.44
WRS006 Abandoned
---------------------------------------------------------------------
---------------------------------------------------------------------
Bur Target
---------------------------------------------------------------------
BZS001 Main 370.39 373.70 3.31 2.72 0.09 6.35 0.91 3.09
BZS002 Main 420.95 421.15 0.20 0.23 0.03 2.40 0.20 3.38
BZS003 Main 354.90 356.10 1.20 1.08 0.08 6.90 0.67 7.21
BZS004 Main 501.20 502.56 1.36 1.03 0.10 29.00 3.06 8.55
BZS005 Main 378.45 380.50 2.05 1.99 0.16 9.98 1.29 4.49
BZS006 Main 630.65 631.12 0.47 0.28 0.07 4.80 0.20 10.39
BZS007 Main 304.23 305.00 0.77 0.72 0.07 9.60 0.28 4.00
---------------------------------------------------------------------
---------------------------------------------------------------------
(4) Intersection assays pages 4 through 7 are either a single assay
of a sample of the entire intersection length or a composite of
assays calculated from interval weighted assays over the
intersection length.
(5) Intersection length
(6) Horiz. equals Horizontal Attachment
2005 Drill Hole Intersection Assay Results
Structural Targets
---------------------------------------------------------------------
---------------------------------------------------------------------
Horiz.
Core(5) (6)
From To Length Width Au Ag Cu Zn
Hole Zone meters meters meters meters g/t g/t % %
---------------------------------------------------------------------
---------------------------------------------------------------------
Anderson Mine Area
---------------------------------------------------------------------
AS0501 Ander-
son 2 205.08 210.74 5.66 --- 0.61 5.35 1.41 0.03
AS0502 Ander-
son 2 219.44 220.33 0.89 --- 4.94 0.00 0.00 0.00
452.44 453.00 0.56 --- 3.39 0.00 0.15 0.13
669.69 670.33 0.64 --- 0.10 1.03 0.32 0.04
739.82 740.23 0.41 --- 0.07 0.00 0.00 0.53
AS0503 Ander-
son 2 232.91 233.11 0.20 --- 0.14 1.71 0.21 0.28
AS0504 Ander-
son 2 223.21 227.35 4.14 --- 0.39 6.43 1.01 0.32
227.97 229.52 1.55 --- 0.09 0.00 0.06 0.77
---------------------------------------------------------------------
---------------------------------------------------------------------
Chisel Mine Area
---------------------------------------------------------------------
CH0501 Chisel
Basin 543.40 545.79 2.39 --- 3.87 0.43 0.04 0.01
inclu-
ding 543.79 544.78 0.99 --- 7.71 1.03 0.05 0.00
CH0502 Chisel
Basin 485.35 485.84 0.49 --- 4.49 41.49 0.16 0.02
490.82 491.62 0.80 --- 0.93 8.23 0.49 0.02
562.60 562.88 0.28 --- 3.05 56.57 2.55 0.71
606.51 606.82 0.31 --- 0.51 9.60 0.58 0.08
679.81 680.33 0.52 --- 1.51 1.71 0.05 0.00
CH0503 Chisel
Basin 110.05 110.55 0.50 --- 1.61 3.43 0.26 0.00
CH0504 Chisel
Basin 696.63 697.22 0.59 --- 2.43 11.66 1.97 0.04
706.50 707.53 1.03 --- 0.80 4.24 0.53 0.19
735.18 735.92 0.74 --- 0.75 4.11 0.61 0.00
737.79 738.23 0.44 --- 0.58 2.06 0.36 0.00
742.24 742.80 0.56 --- 0.38 3.77 0.35 0.04
824.10 824.61 0.51 --- 0.27 5.83 0.54 0.33
865.00 865.51 0.51 --- 49.06 33.26 0.23 0.21
CH0505 Chisel
Basin 239.00 239.63 0.63 --- 0.00 4.11 0.00 0.03
245.46 246.00 0.54 --- 0.03 0.00 0.06 0.00
466.24 467.61 1.37 --- 0.07 1.37 0.23 0.03
484.25 488.90 4.65 --- 0.15 1.53 0.18 0.02
552.79 553.08 0.29 --- 2.71 14.74 0.93 5.22
556.75 557.11 0.36 --- 0.89 6.86 0.32 0.07
575.90 577.31 1.41 --- 1.39 0.74 0.04 0.05
610.66 611.54 0.88 --- 0.38 5.14 0.22 0.06
620.00 620.51 0.51 --- 0.38 4.46 0.23 0.09
CH0506 Chisel
Basin No notable assays
CH0507 Chisel
Basin 344.94 345.22 0.28 --- 0.34 46.29 0.02 7.80
CH0508 Abandoned
CH0509 Abandoned
CH0510 Abandoned
CH0511 Chisel
Basin 708.60 709.95 1.35 --- 0.18 0.71 0.36 0.00
740.15 740.62 0.47 --- 0.14 1.03 0.64 0.00
CH0512 Chisel
Basin No notable assays
CH0513 Chisel
Basin 297.00 297.50 0.50 --- 0.14 12.34 0.05 3.84
299.14 303.45 4.31 --- 0.44 10.91 0.26 5.68
inclu-
ding 301.52 302.76 1.24 --- 0.49 9.19 0.27 16.78
CH961DPN 746.41 746.93 0.52 --- 0.34 2.40 0.09 0.58
866.92 867.29 0.37 --- 0.34 2.40 0.30 0.05
873.66 873.86 0.20 --- 6.00 26.40 1.13 0.16
CH9712DPN Chisel
Basin 687.49 688.65 1.16 --- 1.37 4.80 0.24 0.02
736.60 737.00 0.40 --- 0.38 3.09 0.26 0.08
---------------------------------------------------------------------
---------------------------------------------------------------------
Birch Lake Mine Area
---------------------------------------------------------------------
B89W1DPN Anomaly No notable assays
B090 Anomaly 824.70 826.17 1.47 0.60 0.62 1.27 2.40 0.01
829.90 830.47 0.78 0.35 1.17 4.11 4.17 0.02
---------------------------------------------------------------------
---------------------------------------------------------------------
Flin Flon Mine Area
---------------------------------------------------------------------
FFS033 Strati-
graphy 77.15 77.36 0.21 0.19 0.10 6.51 0.44 0.05
295.47 295.82 0.35 0.30 1.10 0.00 0.02 0.00
489.20 489.45 0.25 0.16 1.23 0.00 0.00 0.00
505.84 506.06 0.22 0.14 0.75 2.06 0.00 1.43
519.20 520.00 0.80 0.60 5.10 6.38 0.14 0.33
521.00 521.33 0.33 0.28 0.07 0.00 0.02 0.52
FFS034 Strati-
graphy 18.52 19.45 0.93 0.70 1.75 8.23 0.24 0.13
203.10 203.80 0.70 0.45 0.89 5.83 0.41 0.02
441.60 441.80 0.20 0.15 0.14 6.86 0.37 0.04
466.76 467.00 0.24 0.18 3.36 7.89 0.80 0.03
633.50 633.56 0.06 0.05 16.49 2.40 0.16 1.04
693.00 693.10 0.10 0.07 0.07 1.37 0.27 0.00
722.28 722.38 0.10 0.07 1.17 7.20 1.03 0.03
FFS035 Strati-
graphy 282.00 282.92 0.90 0.35 4.15 1.43 0.90 0.00
284.52 284.87 0.35 0.25 3.09 15.43 1.02 0.02
286.20 286.70 0.50 0.20 0.58 5.14 0.28 0.00
287.00 287.21 0.21 0.40 0.79 16.11 1.09 0.03
327.63 327.95 0.32 0.31 2.88 5.83 0.45 0.02
409.48 409.67 0.19 0.14 2.37 5.14 0.22 0.87
561.40 561.60 0.20 0.11 1.20 0.00 0.02 0.02
645.00 645.20 0.20 0.10 0.07 0.69 0.28 0.00
649.06 649.52 0.46 0.27 1.30 0.00 0.04 0.00
FFS036 Strati-
graphy No notable assays
FFS037 Strati-
graphy 531.66 532.40 0.74 0.70 1.30 0.00 0.00 0.00
683.19 684.40 1.21 1.25 8.31 0.46 0.00 0.00
FFS038 Strati-
graphy 25.55 25.90 0.35 0.44 8.57 23.31 1.95 0.02
530.24 530.38 0.14 0.14 0.10 8.57 0.56 0.02
648.75 649.33 0.58 0.52 0.04 5.26 0.41 0.06
657.57 658.20 0.63 0.50 0.07 11.31 0.58 0.04
660.32 660.55 0.23 0.22 0.17 12.00 0.56 0.04
661.29 661.63 0.34 0.32 0.24 13.03 0.59 0.05
665.00 665.12 0.12 0.10 0.41 4.80 0.34 0.16
713.45 713.70 0.25 0.23 0.07 0.00 0.00 0.91
FFM004 Strati-
graphy No notable assays
---------------------------------------------------------------------
---------------------------------------------------------------------
(5) Intersection length
(6) Horiz. equals Horizontal
2005 Drill Hole Intersection Assay Results
Geophysical Targets
---------------------------------------------------------------------
---------------------------------------------------------------------
Core(5) Horiz.(6)
From To Length Width Au Ag Cu Zn
Hole Zone meters meters meters meters g/t g/t % %
---------------------------------------------------------------------
---------------------------------------------------------------------
Har Area
---------------------------------------------------------------------
HAR106 Anomaly No notable assays
HAR107 Anomaly No notable assays
HAR108 Anomaly No notable assays
HAR109 Anomaly No notable assays
HAR110 Anomaly No notable assays
---------------------------------------------------------------------
---------------------------------------------------------------------
Kus/Freebeth Area
---------------------------------------------------------------------
KUS303 Anomaly No notable assays
FB151 Anomaly 74.00 75.00 1.00 0.25 0.27 4.11 0.41 0.20
Anomaly 84.00 84.30 0.30 0.30 0.03 2.40 0.44 0.02
FB152 Anomaly 256.00 257.00 1.00 0.90 0.03 0.69 0.00 0.21
---------------------------------------------------------------------
---------------------------------------------------------------------
Flin Flon Area
---------------------------------------------------------------------
NER198 Anomaly 452.55 453.00 0.45 0.36 0.00 0.69 0.28 0.02
667.57 667.70 0.13 0.15 0.14 0.00 0.22 0.00
671.00 672.24 1.24 1.30 0.00 0.69 0.23 0.00
NER199 Anomaly 101.80 102.45 0.65 0.30 0.62 1.71 0.13 0.23
112.60 113.10 0.50 0.25 0.00 1.03 0.51 0.00
NER200 Anomaly 287.00 290.65 3.65 1.70 1.37 1.16 0.03 1.17
including 290.49 290.65 0.16 0.75 1.54 0.69 0.02 4.54
294.20 300.00 5.80 2.50 0.22 0.86 0.41 0.15
including 294.93 295.22 0.29 0.14 2.74 10.29 5.10 0.77
301.12 304.16 3.04 1.50 0.31 2.44 0.74 0.01
including 301.12 301.26 0.14 0.07 0.65 8.57 2.54 0.02
302.43 303.12 0.69 0.30 0.86 6.51 1.65 0.04
NER201 Anomaly No notable assays
NER202 Anomaly No notable assays
NER203 Anomaly 265.00 266.00 1.00 0.70 0.03 0.69 0.20 0.00
268.00 269.00 1.00 0.70 0.03 0.69 0.20 0.11
286.00 288.00 2.00 1.50 0.07 0.34 0.38 0.06
STACK001 Anomaly 178.21 179.11 0.90 1.00 0.12 1.03 0.08 0.23
---------------------------------------------------------------------
---------------------------------------------------------------------
(5) Intersection length
(6) Horiz. equals Horizontal
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