SQI - Overview Projects (Updated)
A) British Columbia
1 - Capoose Project
Location: 185 km southwest of Prince George in central British Columbia, and 20-30 km from both the 3Ts and Davidson project.
Properties: The Capoose project consists of 3 property areas (Capoose, JAG, and Fawn) that have been acquired through agreements with third parties. Silver Quest staked two other property areas, Silver Trend and Rusty Creek.
Size: The project consists of 70 contiguous mineral claims, covering 30,745 ha of land.
Acquired: Capoose: January 2008, Silver Trend: January 2008, JAG: August 2008 - October 2009, Fawn and Buck: October 2009.
Interest: Capoose: right to earn 100%, Silver Trend: 100%, JAG: right to earn 100%, Fawn and Buck: right to earn 75%.
Exploration: Capoose: Best intercept to date: D-91 - 240 m of 0.76 g/t Au and 45.4 g/t Ag, Fawn: best intercept to date: 10.2 m of 1.08 g/t Au and 23.3 g/t Ag, Buck: assays up to 541 g/t Ag, 2.3% Pb and 7.4% Zn in chip samples.
Resource: Capoose: NI 43-101 compliant inferred resource estimate (March 4, 2010): Au Eq. cut-off grade of 0.4 g/t: 53,450,298 tonnes @ 0.41 g/t Au, 23.93 g/t Ag, or 699,032 oz Au, 41,119,662 oz Ag = 1,316,190 oz Au Eq. (@ gold-silver ratio of 66/1).
Internet: Capoose:
https://www.silverquest.ca/s/Capoose.asp, JAG:
https://www.silverquest.ca/s/NewsReleases.asp?ReportID=369124, Fawn and Buck:
https://www.marketwire.com/press-release/Silver-Quest-Resources-Ltd-TSX-VENTURE-SQI-1060748.html.
2 - 3Ts Project
Location: 120 km southwest of Vanderhoof in central British Columbia.
Properties: Taken, Tam, Tsacha and Tommy Lake property.
Size: 8 claims, 2,852 ha.
Acquired: October 2001 - April 2002.
Interest: 100%.
Resource: NI 43-101 compliant inferred resource estimate (September 2004 and later): 942,647 tonnes @ 4.89 g/t Au, 77.8 g/t Ag, or 148,135 oz Au, 2,356,937 oz Ag = 183,846 oz Au Eq. (@ gold-silver ratio of 66/1).
Internet:
https://www.silverquest.ca/s/3Ts.asp.
3 - Davidson Property
Location: 110 km southwest of Vanderhoof, British Columbia and 20 km northeast of Silver Quest's 3Ts Project.
Properties: Davidson property.
Size: The property consists of 4 contiguous mineral claims covering an approximate area of 890 ha.
Acquired: April 2005.
Interest: 100%, but the property is currently held under a Joint Venture Agreement with Richfield Ventures Corp. (RVC), who may earn up to 75% by making cash payments totalling $240,000, issuing 750,000 shares and completing work expenditures of $1,500,000 over a four year period.
Exploration: Best intercept to date: BW 59 - 329.2 m of 1.25 g/t Au and 3.5 g/t Ag.
Resource: A NI 43-101 resource estimate is planned for the end of stage 2 of the 25,000 m drill program (December 2010/January 2011). Loewen, Ondaatje, Mc Cutcheon Ltd.:
"an estimated potential gold resource of 4.25 million ounces may be outlined by the company after the proposed drilling campaign is completed.".
Internet:
https://www.silverquest.ca/s/Davidson.asp.
B) Yukon Territory
4 - Keno Property
Location: 7 km from Keno City, 45 km northeast of Mayo and 360 km north of Whitehorse, Yukon.
Properties: Keno Hill property.
Size: The property consists of 19 quartz mining leases comprising approximately 700 acres (~ 283 ha).
Acquired: Before 2000.
Interest: 100%.
Resource: A historical resource (non-NI 43-101) of 39,000 tonnes @ 548.6 g/t Ag, 6.9% Pb & 10.7% Zn.
Exploration: 2008 sampling returned values up to 4.2 g/t Au and 3,025.0 g/t Ag along the main vein.
Internet:
https://www.silverquest.ca/s/Keno.asp.
5 - White Gold Area
During 2009, Silver Quest Resources has become the second largest land holder in the Dawson Range (the largest is Underworld Resources), with 1,129 cliams and over 235 square kilometers of land. White Gold Area Claim Map (SQI = green):
https://www.silverquest.ca/s/DawsonRange.asp.
5a - Boulevard Property
Location: 135 km south of Dawson City, Yukon and 35 km south of Underworld Resources' new Golden Saddle discovery at their White Gold property.
Properties: Boulevard property.
Size: The property consists of 238 contiguous mineral claims covering a total area of 4950 ha.
Acquired: July 2009.
Interest: Right to earn 100%.
Exploration: Best intercept to date: BV08-03 - 18.2 m of 0.86 g/t Au, including 5.5 m of 1.59 g/t Au; trenching: 6 m of 7.04 g/t Au and 2 m of 6.43 g/t Au.
Internet:
https://www.silverquest.ca/s/Boulevard.asp.
5b - CC, CCR (Sizzler), TAK And VO Properties
Location: 120 km south of Dawson City, Yukon.
Properties: CC (32 claims, 665 ha), CCR (Sizzler) (36 claims, 750 ha), TAK (16 claims, 332 ha) and VO (36 claims, 750 ha) property.
Acquired: July and August 2009.
Interest: Right to earn 100% in the CC, CCR (Sizzler), TAK and VO property.
Internet:
https://www.silverquest.ca/s/WhiteGoldArea.asp.
5c - Prospector Mountain Property
Location: In the Dawson Range, 90 kilometres northwest of Carmacks, Yukon.
Properties: Prospector Mountain property (239 mining claims).
Acquired: December 2009.
Interest: Right to earn 70%.
Website:
https://www.silverquest.ca/s/NewsReleases.asp?ReportID=377173 and
https://www.tarsis.ca/news/2009/NRNov17.pdf.
5d - ATAC Resources Properties
Location: In the Dawson Range, Yukon.
Properties: Birdman (12 claims), CDN (28 claims), Citlec (24 claims), Dozen (20 claims), EMC (32 claims), Gemini (20 claims), Hanna (8 claims), Ladue (16 claims), Matson (26 claims), Moose (30 claims) and Wolf Creek (18 claims) property (11 claim blocks, comprising of 234 quartz mineral claims, 49 sq km,
https://www.silverquest.ca/i/pdf/West_Dawson.pdf).
Acquired: December 2009.
Interest: Right to earn 100%.
Internet:
https://www.silverquest.ca/s/NewsReleases.asp?ReportID=377776 and
https://www.silverquest.ca/s/WhiteGoldArea.asp.
5e - Flow And Solitude Property
Location: In the Dawson Range, Yukon.
Properties: Flow (Wolf Creek) and Solitude (Independence Creek) property (232 mineral claims).
Acquired: December 2009.
Interest: Right to earn 100%.
Internet:
https://www.silverquest.ca/s/NewsReleases.asp?ReportID=377776.
C) Ontario
6 - Minnitaki Project
Location: 20 km southwest of the town of Sioux Lookout in northwestern Ontario.
Properties: Minnitaki property.
Size: The Minnitaki property comprises six patented and one unpatented claim (~ 160 ha).
Acquired: November 2001.
Interest: 100%.
Exploration: Best intercept to date: Hole 7 - 12.05 m of 2.68 g/t Au.
Internet:
https://www.silverquest.ca/s/Minnitaki.asp.
7 - Slate Falls Property
Location: In the Sioux Lookout District of northwestern Ontario.
Properties: Slate Falls property.
Size: 3 claims, 768 ha.
Acquired: June 2009.
Interest: Right to earn 100%.
Exploration: Best intercept to date: 0.2 m of 861.3 g/t Au and 213.9 g/t Ag at a depth of 15.1 m.
Internet:
https://www.silverquest.ca/s/NewsReleases.asp?ReportID=353424.
I will update this post on a regular basis. Please, report any errors or omissions.
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