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RASP claimsThe Rasp property, located approximately 90 km north of Thompson, consists of one mineral claim. The Rasp Property contains a strong electromagnetic conductor with a gravity anomaly and a flanking magnetic anomaly. The strong electromagnetic conductor has a strike length of 600 metres. Only one previous drill hole was drilled at this conductor; diamond drill hole RA202-01 by Cominco Ltd. in 2001. This drill hole may not have intersected the conductor itself; instead the drill hole probably encountered stringer mineralization near the main conductor. Significant mineralization encountered in diamond drill hole RA202-01 is listed below:
International Samuel plans to target a diamond drill hole into the projected central part of the electromagnetic conductor. The stringer mineralization listed above suggests that this is a mineralized conductor and the gravity anomaly and electromagnetic conductor strength suggests that this conductor may increase significantly in width. A 600 metre strike length could be the signature of a large deposit. The property is under a 5 year option, with first year expenditures of $10,000.00 to the vendor, a $100,000 work commitment and 50,000 shares subject to TSX approval. Total expenditures over 5 years are $100,000 and 800,000 shares to the vendor and a total work commitment of $1,000,000. The Rasp property is located 100 kilometres north of Thompson, Manitoba. Of the 37 Copper-Zinc deposits that have been mined in the Flin Flon-Snow Lake area, most of the mines had an EM conductor that was less than 1,000 metres, The Trout Lake Mine was discovered by drilling a short strike length EM conductor and from historical production contained 20 million tonnes of 1.83% Copper, 5.59% Zinc, and 1.73 g/t Gold.. The Rasp Property is located 110 kilometres east of the large Ruttan Copper-Zinc deposit which historically had production of 55 million tonnes of 1.23% Copper and 1.41% Zinc. | ||||||||||||||||||||||||||||||||||||||||||||||||
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