Re: Rice lake map site in pdf you can expand etc
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Message: Rice lake map site in pdf you can expand etc
..although the boundary lines are correct, MMU is now the major owner / operator of the Claims heading West, North West of the Sans headframe. Marum now has 70 % of the Pounmaker mine and clinton shaft and area West.... Marum..s JV, ( San ) on the Strike Point , could be seen as Sans Hold through Marum, to keep control of the Green_BELT,.Looking back to the early 30eeS, on the Strike Point, their was alot of talk about the Shaft having visible gold all the way down to 500 ft.Since San owns a piece of this , i guess its fair, but the MMU and Wel boards offer a lot of info. 
Large property acquired adjacent to Harmony's Bissett Gold Mine, Manitoba
December 4, 2003 - Marum (“MMU” -TSXV) has significantly expanded its land position in southern Manitoba's Rice Lake gold district by the acquisition of an option to earn a 100% interest in the large Strike Point property located adjacent to Harmony Gold's Bissett (San Antonio) mine. The Bissett mine and mill have produced 1.38 million ounces of gold and are located at the town of Bissett in southern Manitoba.
The Strike Point property is several times larger that the Bissett mine property and contains favourable gold bearing lithologies and structures as well as mapped surface showings that will be prepared for winter drilling. The geology of the Strike Point property presents two very attractive gold target types. It contains large volumes of the San Antonio formation and related units, the host for the Bissett mine orebody. Along the major east-west axis of the Strike Point property, the San Antonio formation is cut by a major shear zone that places it in contact with brittle felsic pyroclastic rocks over a strike length of 6 Kms. The shear zone itself and the adjacent rocks provide a huge prospective gold target zone. The second gold target type consists of vein-flooded tension gashes that exist due to the shattering of brittle felsic pyroclastic rocks during folding. In several places along the major east-west shear zone, both target types coincide. One such coincident zone contains a 500 foot deep shaft with limited 1934 production that was reported as being “high grade”.
The Rice Lake greenstone belt is the most significant lode-gold district in Manitoba, with hundreds of documented occurrences and historic production of approximately 1.73 million ounces from several past-producing mines. The Rice Lake belt forms part of the Archean Uchi Subprovince and is currently regarded by some explorers as being similar in rock type and structure to the Red Lake gold camp in Ontario, approximately 80 Kms to the east. It is not well explored.
The Strike Point property consists of twenty claim groups covering 2,223 hectares adjacent adjacent to the Bissett mine property. Marum can earn a 100% interest in the property by paying $20,000 before December 31, 2003 and by performing $750,000 in exploration work over three years ($100,000, $250,000 and $400,000). The geologist-prospector will retain a 3% gross overriding royalty on precious metals and a 3% net smelter returns on base metal production. Marum has the right to purchase two royalty percentage points by paying $750,000 for each royalty percentage point.
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