RE: RE: CDO neighbor makes new discoveryMurphy lake should have some drilling results as well I believe
- Candorado Operating Company Ltd owns 100 % of the Murphy Lake Property, subject to a 2% net smelter royalty on a portion of the Property
- The Property is in the Quesnel Terrane and the exploration targets are alkalic copper-gold and calc-alkalic copper porphyry deposits
Location, Infrastructure and Resources:
- The Property lies west of Murphy Lake in the Cariboo region of British Columbia, 50 km north of 100 Mile House, and comprises 28,000 hectares
- The Property borders to the south GWR Resources' Lac La Hache property, which hosts copper-gold porphyry mineralization at several occurrences
- The Property adjoins the southern boundary of Fjordland and Cariboo Rose Resources' Woodjam South property. A 2007 IP survey led to the discovery of copper calc-alkalic porphyry mineralization in a new area called the Southeast Zone. This zone lies within 1 km of the Property
- Good access to the Property is provided by a network of logging and exploration roads from 100 Mile House and Lac La Hache
- 100 Mile House and Williams Lake, located along Highway 97 west of the property are resource oriented communities
History: