The Property, comprising eight mineral claims covering 2,956.1 hectares (7,390 acres), is
located just north (approximately 12 kilometres) of the historic Rossland Gold Camp
which produced over 2,700,000 ounces of gold between 1897 and the early 1940's.
Historical work on the Property included a small trenching program completed by
Cameco in 1989. The program was designed to determine the bedrock source of gold in
soil anomalies in an area within the Strawberry Flats Gold Project. Cameco's Trench #5
returned 8 metres of 10.45 g/t Au including 2 metres of 39.16 grams per tonne (“g/t”) Au
from continuous 1 metre long chip samples. Cameco's report indicates that the 7 metre
wide WNW trending mineralized structure exposed in Trench #5 is of sufficient grade to
warrant follow-up along strike in both directions and at depth.
The Property adjoins the Jumping Josephine Project owned by Astral Mining Corp.
(“Astral”) and Kootenay Gold Inc. Drilling results from Astral on the JJ Main Zone
during 2007 have included 10 metres of 9.95 g/t gold and 8 metres of 8.31 g/t gold. In
addition, Astral has announced several new geochemical anomalies discovered from their
2009, 4,600 soil sampling program over the Jumping Josephine project. As with Trench
#5 at the Strawberry Flats Property, local high-grade concentrations of gold are common
on Astral’s Jumping Josephine project, including 1 metre intervals of 50.2 g/t gold and
61.8 g/t gold. In addition, Astral and Kootenay have applied for a 10,000 tonne bulk
sampling permit from their JJ Main zone where initial where initial floatation tests
averaged 98 percent gold recovery.