Silver Chalice epithermal gold/silver project

Company has reached an agreement with the privately owned Alaska Corporation to acquire a 100% interest in the Silver Chalice epithermal gold/silver project consisting of 31 State of Alaska mining claims for 4,960 acres, located in west-central Alaska approximately 345 miles northwest of Anchorage and 330 miles west southwest of Fairbanks.

• The Tertiary volcanic caldera which hosts the Silver Chalice project represents an excellent exploration target with potential to host significant epithermal gold and silver mineralization.
• Stream sediment samples anomalous in gold and indicator minerals and pan concentrate samples with anomalous gold and mercury strongly support the gold and silver potential of the caldera and adjacent areas. There has been no past lode mining on the project and there are no other active mining claims in the project.