Summary

The Lillooet Project is comprised of 77 contiguous placer mining leases along a 57 kilometer section of the Lillooet River Valley, New Westminster Mining Division, British Columbia.

 

The property encompasses an area of about 36,000 hectares and varies in width from 0.8 to 2.5 kilometers in a northwest southwest direction. The Lillooet River which the property straddles is about 30.5 meters in width and covers its entire length. Approximately 14 of the 77 placer mining leases have been examined in detail by trenching, drilling and metallurgical testing with encouraging results.

 

The property extends from the Lillooet River delta at the north end of Harrison Lake north westerly to the southern tip of Lillooet Lake. At its southeastern limit the leases cover the entire 2.5 kilometer width of the delta.

 

The initial area of interest where operations are to commence is centered on PL#9790 about 5.3 kilometers west-southwest from the company’s Port Douglas base camp which is located at the northern tip of Little Harrison Lake.

 

Access is by an all weather paved road from Vancouver northward to Mount Currie and the south on a gravel road by a 4 wheel drive vehicle for a total distance of 262 kilometers. The property is traversed by a secondary road system over its entire length on both sides of the Lillooet River so access to any part is no problem. It can also be reached by float and wheel equipped aircraft with docking facilities and landing strips nearby. Inexpensive electrical power is available as a 360 kV transmission line runs almost parallel along the properties entire length. At one point it is about 1.3 km west of the proposed operation on PL#9790. At the Port Douglas site a 170 kV hydro electric plant generates power utilizing Courthouse Creek as its water source.

 

The area is characterized by a prominent valley running south-southeast that occupies the Lillooet River and is flanked by rugged peaks of the Coast Range Mountains, up to 2,400 meters high. The Lillooet River’s delta at the north end of Harrison Lake is flat dropping to a depth of more than 600 meters in some places. In most cases the Lillooet River is entrenched, occupying a bed some 32 meters deep. The stream drainage pattern is typically dendritic with the Lillooet River flowing southeasterly into Harrison Lake. Steep secondary tributaries plus feeder creeks are oriented along northeast-southwesterly directions.

 

The climate is fairly moderate. Average annual temperature is +100C ranging from +2’C in January (minimum) to +18’C in July (maximum). Rainfall averages 162.5 cm per year, 24 cm of which falls in December (maximum) and 4.8 cm in July (minimum). The main economic activity is logging on a small scale by contractors for the forest products companies.