Sanwire Corp (SNWR)

[66chevelle396]

Valentine Property will be good - Vancouver Island >>>>

I agree, the shorts are going to have cover at some point.

The Valentine Property >>> I am posting the below info to show the potential of the Valentine Property that NT Mining is attempting to obtain.

NOTE: This is from another Gold Company (Mill Bay Ventures); their link to the below information is at the bottom of this post.

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BRITISH COLUMBIA
Valentine Mountain, Vancouver Island.

The Valentine Mountain claims, located 40 miles west of Victoria on southern Vancouver Island, cover approximately 7,084 acres (2,867 hectares) along a trend estimated at 7km long and 500m wide. The property hosts a historic mineral resource, known as the Discovery Zone, with an estimated 30,660 tonnes grading 14.7 grams (0.473 ounces) of gold per tonne (not NI 43-101 compliant). The claims also host one gold quartz vein developed prospect, known as the Braiteach zone, and at least six additional gold quartz vein occurrences. The exploration target model for the property is the Bralorne Gold Mine south-central British Columbia, with past production of 7.3 million tonnes averaging 18 grams of gold per tonne. This historic operation yielded 129 million grams, or 4.2 million ounces of gold. over its long mine life.

The Valentine Mountain area was first mined in the 1860s, when placer gold was discovered in its numerous stream drainages. According to historical accounts, nuggets up to 1 ounce and a total production of 10,000-20,000 ounces of gold may have been sluiced from gravel/bedrock contacts along gravel bars of the Leech River.The principal bedrock source of Leech River gold may be from the area of Valentine Mountain (MINFILE 092B108), located directly west and uphill from the placer district. Therefore, the main target mineral deposit type for the Valentine Mountain Project is mesothermal quartz vein deposits, as described in BC Mineral Deposit Profile I01 Au QUARTZ VEIN.

More recently, Valentine Mountain has been explored sporadically since 1976, including work by Falconbridge and Noranda. Results over period have included a number of high-grade showings in trenching and diamond drilling. Based on a March 10, 2008 technical report Jacques Houle, P.Eng., Mill Bay is considering a multi-faceted, C$5.2 million exploration program to include
mapping, sampling, trenching, diamond drilling and drifting.


http://www.millbayventures.com/Mill_Bay_Profile_Mar_2009.pdf