Knights Inlet Project
posted on
Aug 08, 2014 06:14PM
Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE
The original claims were purchased in 2010 for $60,000 consisting of 11 mineral tenures. 10 of these tenures were bought from Lloyd Brewer, the 11th one was purchased from Christopher Leigh Brewer.
Something that I found extremely interesting is that according to the B.C. Mineral Titles all 11 of these claims were forfeited in 2011, and yet this is what is on the St. Elias web page about the Knight Inlet:
Last updated 29 November 2012
Ownership |
100% |
Hectares |
5,490 |
Location |
Approximately 90 kilometres north of Campbell River, British Columbia |
Option status |
Available for option |
Latest National Instrument 43-101 Technical Report |
N/A |
Drilling plans |
N/A |
Exploration plans |
N/A |
The property is prospective for epithermal vein hosted gold and silver mineralization and copper-molybdenum porphyry mineralization. On May 28, 2012 we increased the size of this property by 13% to 5,490 hectares from 4,877 hectares by purchasing 100% of certain mining claims totaling 613 hectares for $10,000. The newly purchased claims were encircled by our original claims, purchased for $60,000 during fiscal 2010.
From James Thom 2010 Geochemical Survey done on Knights Inlet, the following are the names of each of the tenures, all of which show that they forfeited in 2011. I am posting just the first two of the tenures (bolded and enlarged) to show this.
St. Elias Mines holds a 100% interest in 11 contiguous mineral tenures (4877.22 hectares) that cover a square shaped package of ground located approximately 90 kilometers north of Campbell River in southwest BC. All of the claims which comprise the Knight Inlet Property were staked pursuant to the BC Ministry of Energy and Mines MTO system (Mineral Titles Online System).
Table 1. Mineral Tenures for the Knight Inlet Property Tenure Number Tenure Name Owner Tenure Type Old Good To Date New Good To Date* Area (ha) * 674283 GRIZZLY CREEK GOLD St. Elias Mines Mineral 2011/jul/15 81.63 * 674286 GCG St. Elias Mines Mineral 2011/jul/15 489.74 678963 ALPHA St. Elias Mines Mineral 2011/jul/15 489.89 678964 BRAVO St. Elias Mines Mineral 2011/jul/15 285.58 678965 CHARLIE St. Elias Mines Mineral 2011/jul/15 510.14 678966 DELTA St. Elias Mines Mineral 2011/jul/15 510.11 678983 DELTA St. Elias Mines Mineral 2011/jul/15 510.03 678984 ECHO St. Elias Mines Mineral 2011/jul/15 510.15 679003 GULF St. Elias Mines Mineral 2010/dec/04 489.69 679004 FOXTROT St. Elias Mines Mineral 2011/jul/15 510.33 679005 GULF St. Elias Mines Mineral 2011/jul/15 489.93 Total Area 8221.513 Tenure Number ID 674283 Tenure Type Mineral (M) Tenure Sub Type Claim (C) Title Type Mineral Cell Title Submission (MCX) Mining Division Good To Date 2011/nov/05 Issue Date 2009/nov/25 Demised To Termination Type FORF Termination Comments Automatic FORFeiture Termination Date 2011/nov/05 Tag Number Claim Name GRIZZLY CREEK GOLD Old Tenure Code Area In Hectares 81.63 Map Numbers: Owners: ST. ELIAS MINES LTD. 100.0% Tenure Events: Submitter Event Effective Date BREWER, LLOYD CHRISTOPHER CEXT Claim Registration (Acquisition 2009/NOV/25 BREWER, LLOYD CHRISTOPHER BSLI Transfer of Ownership (Bill of Sale Initiation)( 2010/AUG/30 ST. ELIAS MINES LTD. BSLC Transfer of Ownership (Bill of Sale Completion)( 2010/AUG/30 ST. ELIAS MINES LTD. SOW Exploration and Development Work / Expiry Date Change( 2010/NOV/25 ST. ELIAS MINES LTD. CIL Payment Instead of Exploration and Development Work( 2011/JUL/14 ST. ELIAS MINES LTD. CIL Payment Instead of Exploration and Development Work( 2011/AUG/15 ST. ELIAS MINES LTD. CIL Payment Instead of Exploration and Development Work( 2011/SEP/14 ST. ELIAS MINES LTD. CIL Payment Instead of Exploration and Development Work( 2011/OCT/13 MINERAL TITLES BRANCH FORF Forfeiture ( 2011/NOV/06
*Tenure Number ID |
674286 |
|
Tenure Type |
Mineral (M) |
|
Tenure Sub Type |
Claim (C) |
|
Title Type |
Mineral Cell Title Submission (MCX) |
|
Mining Division |
|
|
Good To Date |
2011/nov/05 |
|
Issue Date |
2009/nov/25 |
|
Demised To |
|
|
Termination Type |
FORF |
|
Termination Comments |
Automatic FORFeiture |
|
Termination Date |
2011/nov/05 |
|
Tag Number |
|
|
Claim Name |
GCG |
|
Old Tenure Code |
|
|
Area In Hectares |
489.74 |
|
|