| | | |
| Projects | | Murphy Lake | | |||||||||||||||||||
| |
| | Location, Infrastructure and Resources: • The Murphy Lake property is located west of Murphy Lake and north of GWR Resources' Lac La Hache property, in the Cariboo region of British Columbia, 50 km north of 100 Mile House • Property has good access by a network of logging and exploration roads from 100 Mile House, Lac la Hache and Forest Grove • 70 Mile House, 100 Mile House and Williams Lake, located along Highway 97 west of the property are resource oriented communities History: • Numerous companies have explored the area starting in 1966 • Craigmont Mines (1974) and Regional Resources (1995) did some minor drilling • In 2004, Candorado carried out an IP survey and drilling Geology: • Situated within the central portion of the Quesnel Terrane, which is dominated by alkalic and calc-alkalic island-arc volcanics and co-magmatic intrusives of the Triassic Nicola Group Mineral Occurrences: • The geology, alteration and mineralization encountered confirm that an copper porphyry system exists on the property Historic Exploration Results: • Drilling in 1995 by Regional Resources returned 0.41 % Cu over 41.7 m in hole ML95-06 Recent Developments in the Area: • GWR Resources Inc. is continuing with an active drill program on its copper-gold porphyry prospect, adjoining the Murphy Lake property to the south 2006 - 2007 Exploration Program Highlights: • In 2006 a detailed radiometric and magnetic airborne survey was flown over the property; Robert Shives, a recognized expert in the interpretation of airborne radiometric surveys and consultant to Candorado has been encouraged by the results • Exploration in 2007 included reconnaissance soil surveys, prospecting and two drill holes 2008 Exploration Program: • A thorough review of all past and recent exploration is now underway • Candorado plans to continue with exploration with the goal of identifying drill targets Murphy Lake Fact Sheet
|
| | |||||||||||||||||
| | | |||||||||||||||||||||
| | | |||||||||||||||||||||
| Home Corporate Projects Investors News QwikReport Contact |  | |
