Elly Project

The Elly Project is located in the Boundary District of Southern British Columbia, within the Christian and Granby valleys of Grand Forks and Greenwood, BC. The project is within the Republic Graben, which is a well-endowed gold district that has produced over 3 million ounces of gold over the past several decades. The project has excellent road access through major highways and secondary highways and a network of logging roads. Recent logging has exposed many new areas for mineral exploration and opened up access to the area. The Elly Project is prospective for low sulfidation epithermal style gold-silver mineralization. This type of mineralization is typically found in volcanic rocks and is associated with hot springs and geysers. The Elly Project is located in an area that has been historically mined for gold, and the Company believes that the project has the potential to be a significant gold discovery.

Figure 1: Blue graben faults trending northward into southernmost BC with the Franklin and Greenwood Camps being key locations for the Elly Project.