GPEX Mineral Property PortfolioLOWER THOMPSON GOLD AND PLATINUM
On the
JUNE BUG Claim
(AKA June)
Tenure # 537235 – 17 cells – 351.242 hectares
GPEX File Number: 106
GPEX’s “June Bug” claim is located along and adjacent to the lower Thompson River, and comprises 351.242 hectares (867.937 acres) over 17 cell units, of which approximately 65.16 hectares, or 18.5% of the actual tenure area, is lost to river coverage, and, highway and railway right-of-ways. Nevertheless, this leaves approximately 286.082 hectares (706.924 acres) of prime ground for the serious-minded new owner. The property was staked in 2006 as a result of extensive in-depth research into quality properties in the area holding optimum potential for precious metals. Ministry records also has on file, the June showing, which is centrally located on the tenure (please see the accompanying Minfile reference).
GPEX has conducted considerable prospecting on this property, part of which includes three unsuccessful attempts at locating the old adit mentioned in the above noted Report. However, though massive white quartz vein-work was found, it was at the completion of the (early) March 2008 program that the adit’s exact location was identified and photographed (from a distance). This came about only through climbing an adjacent mountain side for better viewing, yet, time factors did not permit further work during that point of time. A further return to the area is slated for later in the year. In addition to the search for the old adit, time was invested in examining for bedrock showings along the banks of the Thompson River. In the process, a small amount of panning was engaged, for potentially tracing bedrock deposits. This resulted in over a half bucket of fine sands and gravel, heavily laden with a blue/gray clay, being recovered. Though the majority of this still awaits processing, a few raw pinch-samples of the matter were viewed under microscope, which identified the samples to be quite concentrated with fine (microscopic), almost spherical, nodules of platinum. It is surmised that from the concentration of the metal within the sample taken, there may well be up to a ¼ ounce or more (per tonne) of precious metal. This, however, remains to be confirmed. Since the earlier days of researching this area’s geology, coupled with identifying the adit’s location, and, the amount of precious metal recovered from the river bank material, it has been determined this property offers maximized potential. |
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Minfile Report, 092ISW074, relates the previously named, June, showing. In that Report, gold was documented to have been found in an 80 metre adit tunneled into white, glassy quartz, in an altered volcanic formation close to a granitic contact and intersected by a series of quartz felsite dykes, EMPR Bulletin 1 (1932), pp. 70, 71. The area is underlain by Triassic Mount Lytton Complex intrusives, comprising dioritic and layered quartzofeldspathic rocks, mylonite and amphibolite. Faulting and fracturing is common in this area, with extensive quartz and disseminated pyrite.
With the opening of GPEX’s mineral property portfolio, this and several other dynamic prospects of high potential, are now made available to parties bearing serious hardrock interest. Whether of larger mining status, a junior firm desiring to expand upon its operations or holdings, the entrepreneurial mining speculator, the individual seeking investment opportunities, the small operator desiring a Mom & Pop operation, or, the junior prospector seeking a quality property to engage in hardrock explorations, quite possibly the acquisition of one or more of GPEX’s properties will satisfy the search.
With the opening of GPEX’s mineral property portfolio, this and several other dynamic prospects of high potential, are now made available to parties bearing serious hardrock interest. Whether of larger mining status, a junior firm desiring to expand upon its operations or holdings, the entrepreneurial mining speculator, the individual seeking investment opportunities, the small operator desiring a Mom & Pop operation, or, the junior prospector seeking a quality property to engage in hardrock explorations, quite possibly the acquisition of one or more of GPEX’s properties will satisfy the search.
JUNE BUG
Features - Epithermal Au & Ag - Assayed 9.12 g/t Au
Central coordinates are: 121° 06’ 39.0” W Longitude, 49° 17’ 07.0” N Latitude
please direct all inquiries to:
Larry Amey Pres. & CEO
(604) 869-5511 - larry@gpex.ca
Serious parties only, please
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