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Discovery Corp Enterprises Inc V.DCY

Discovery-Corp Enterprises Inc. is a Canada-based exploration stage company engaged in exploration for base and precious metals. The Company is focused on exploration of gold and copper properties. The Company holds an undivided 50% interest in the mineral rights associated with Rock Creek Ranch located in Humboldt County, Nevada, United States. Its Galaxy property is located in the Kamloops Mining Division in southern British Columbia, Canada. The property is comprised of two Crown granted mineral claims and seven two-post legacy mineral claims that cover an area of approximately 90 hectares. The legacy claims are 100% owned by the Company. The property is located approximately seven kilometers southeast of the past-producing Afton mine and four kilometers northwest of the former Ajax mine. The Rock Creek Ranch property lies on a southwestward projection of the Getchell trend, which hosts the Pinson, Turquoise Ridge, and Twin Creeks gold mines in the Osgood Mountains.


TSXV:DCY - Post by User

Post by Georgeboy11on Feb 03, 2012 10:17pm
202 Views
Post# 19489361

Historical Info on the Galaxy Property....

Historical Info on the Galaxy Property....

from 1956 through to 2000.

 

 

Year Company Work Program
1956-64 Galaxy Minerals Ltd
  • Rehabilitated the Evening Star shaft.
  • Carried out underground sampling, trenching, road work, Induced polarization survey and diamond drilling (38 holes totalling 5,225 metres) at the Galaxy zone.
  • Changed name to Galaxy Copper Ltd.
1965-66 Vanco Explorations
  • Geophysical and geochemical surveys, diamond drilling on the Galaxy zone (24 holes totalling 2,418 metres).
1968-71 United Bata Resources Ltd./Kimberly Copper Mines Ltd.
  • Rehabilitated Evening Star shaft and completed a total of 122 metres of underground drifting from the shaft at the 80 foot level.
  • 16 surface diamond drill holes totalling 1,562 metres were drilled at the Galaxy zone.
  • Estimated resource of approximately 3.6 million tons of proven and 1.8 million tons of indicated with an average grade of 0.58% copper.
1971 Nor-West Kim Resources Ltd. (formerly Kimberly Copper Mines Ltd.)
  • Surveyed and mapped the underground workings on the Evening Star claim.
  • Extended the northwest drift from shaft at the 80 foot level to a point 365 metres northwest; put a 30 metre ventilation raise to surface.
  • Collected two bulk samples.
  • Carried out 1,333 metres of surface drilling and 327 metres of underground diamond drilling on the Evening Star claim.
1973 Teck Corporation Ltd.
  • Completed an induced polarization survey on the Makaoo property, which included the Galaxy property.
  • Defined possible northwest trending chargeability anomaly east of the Galaxy zone.
1976-77 Canadian Superior Exploration
  • Carried out geological mapping, topographic and ground magnetometer surveys.
  • Drilled 8 percussion holes totalling 731 metres.
1985-87 Abermin Corporation
  • Reported a resource of approximately 2.27 million tonnes grading 0.6% copper and 0.51 grams of gold per tonne for the Galaxy zone.
  • Drilled 7 percussion drill holes totalling 367 metres, four of which were on the Galaxy property, and tested the Galaxy zone.
1990 Getchell Resource Corp.
  • Completed percussion drilling at the Galaxy zone to verify earlier drill results and evaluate the gold potential of the zone.
  • 7 holes totalling 649 metres were drilled and a historical resource of 3.2 million tonnes grading 0.65% copper and 0.34 grams of gold per tonne was estimated for the Galaxy zone.
1995-96 Getchell Resource Corp./Afton Mining Limited
  • Under contract to Afton Mining, Teck Explorations completed delineation drilling on the Galaxy zone consisting of 33 diamond drill holes totalling 4,087 metres.
  • A resource for the Galaxy zone was estimated of 1.7 million tonnes grading 0.39% copper and 0.13 grams of gold per tonne with a high-grade of 862,000 tonnes grading 0.65% copper and 0.22 grams of gold per tonne, significantly lower than earlier estimates.
2000 Getchell Resource Corp.
  • Getchell Resource Corp. was renamed Discovery-Corp Enterprises Inc.
  • No further work was carried out on the Galaxy property until 2006

 

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