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Tuesday, March 03, 2009 4:47:08 PM
The Ace and Ore Claims contain old mine workings with gold and silver
veins. These mines were shut down due to WW11 but were an excellent
indication of the mineralization of precious metals in the Pequop
Mountains of Nevada.
Golden Eagle Claims
Location: West Pequop Mountain Project in east central Nevada - 8 miles
to the SW of the Ace and Ore Claims
Claim Details: 50% interest in 30 twenty acre BLM gold mineral lease
claims
Description:
The Golden Eagle Claims adjoin the properties now being drilled by
Agnico-Eagle USA (AEM), in joint venture with AuEx Ventures Inc.
(AUXVF) on the West Pequop Mountain Project in east central Nevada.
An announcement on 11 core holes recently completed by Agnico shows
values in one hole of 61.7 feet (18.8 meters) at 0.255 ounces per ton
(8.726 grams per tonne), including 42 feet (12.8 meters) at 0.358
ounces per ton (12.28 grams per tonne) from a depth in-hole of 230 feet
(70.1 meters). Another hole showed values of 24 feet (7.3 meters) at
0.406 ounces per ton (13.936 grams per tonne), including 15.7 feet (4.8
meters) at 0.545 ounces per ton (18.677 grams per tonne) from a depth
in-hole of 121 feet (36.9 meters).
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