4.2 Claims and Title
The Gold Summit property consists of a single contiguous claim block of eleven mineral claims,
covering 3,201.29 hectares or 7,910.28 acres, plus a single underlying placer claim covering 61.19
hectares (Figure 4.2). The individual claim statistics are summarized in Table 4.2. The claims do not
have to be legally surveyed as they were staked via the BC Ministry of Energy and Mines mineral
titles online system. The property claims (both mineral and placer) have a common good standing date
of Dec 15, 2011. Exploration work recently completed by Havilah, once accepted by BC government
regulators, will increase the mineral c
laim‟s good to date. The surface rights holder for the land
covered by the Gold Summit claims are property of the “Crown”, i.e. the Province of British Columbia
(notwithstanding the ongoing First Nation treaty negotiations).
By virtue of the Mineral Tenure Act of the Province of British Columbia, Havilah has the right to
access for the purposes of conducting mineral exploration the land it has staked.
The sole registered owner for all but three of the Gold Summit claims is St. Elias Mines Ltd; Havila
h‟s
parent company. A 15% interest in three of the property
‟s core claims (550299, 550300 and 550301) is
owned by the public company Chi Cha Na Mining Inc („CC
N‟). The property‟s last option agreement
between CCN and Madman Mining has expired, with CCN having earned a 15% interest in these three
property claims. The 15% interest is held in trust for CCN by Lloyd Brewer.