TAURUS copper-moly-gold deposit, Alaska

Senator's 100%-owned 4,560 acre Taurus property hosts a copper-molybdenum-gold porphyry deposit situated in Alaska, 10 miles west of the Yukon/Alaska border, and approximately 52 miles north of the settlement of Northway, Alaska.  Most rapid access is via Dawson City, then south by road for 2 hours to Tok, Alaska, where a 30 minute flight can be chartered to one of the two airstrips on the property.   Heavy equipment can be walked or skidded in via trail from the Top of The World highway connecting Dawson with the Alaska Highway.

August 2007.

Although the Taurus has been the subject of surface exploration and at least seven drilling programs between 1971 and 1996, the property is large and remains relatively unexplored.

• A zone of anomalous IP chargeability at an inferred depth of approx 500 feet covers a total area of approximately 10 square kilometers, with some coincident copper-in-soil and molybdenum-in-soil anomalies.

• While forty-two holes have been drilled, only twenty-two were more than 300 feet deep.  The barren leached cap at Taurus can be as much as 280 feet thick.

• Hole 75-1, drilled vertically to 908 feet, had results of 0.401% copper and 0.039% molybdenum from the last 83 feet, and terminated in mineralization grading 0.55% copper;

• Hole ET-2, drilled vertically to 950 feet, intersected gold mineralization with an average grade of .6 grams/t over 553 feet;

• Holes 75-1, ET-1, and ET-2 were not assayed for gold originally, but in 1990 six samples of salvaged core assayed from .027 to 1.83 ounces per ton.

• Other significant results include:

~ 458 feet of 0.29% copper, 0.045% molybdenum and 0.11 g/t gold in T96-30;

~ 348 feet of 0.30% copper, 0.044% molybdenum and 0.19 g/t gold in T96-32; 

~ 420 feet of 0.204% copper, 0.031% molybdenum and 0.077 g/t gold in T96-37. 

The Taurus is considered to have good potential to host an economic copper-molybdenum-gold porphyry-style deposit.  Potential size: Drilling shows significant copper mineralization at a depth of over 900 feet.  Using a possible average thickness of 1,500 feet, an area of 3.86 square miles, and a rock weight of 168 pounds per cubic foot, the Taurus’s anomalous target zone hosts approximately 13 billion tons of rock material.

For more detailed information, please go to the 43-101-compliant technical report, dated Nov 2007.

Majors with an interest?
Please contact Tony Simon at 604-728-7370.