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Silvertip, British Columbia
Silvertip Technical Report
Location and History
Silvertip is located in northern British Columbia, approximately 85 kilometers southwest of Watson Lake, Yukon Territory, and is accessed by a 25-kilometer gravel road from the Alaska Highway. Exploration work by previous operators has included 71,472 meters of drilling in 491 holes and 2.67 kilometers of underground development, and expenditures have exceeded $23 million. Silvertip is among the highest grade silver-lead-zinc carbonate replacement deposits in North America, with 11 ounces of silver per ton and combined grades of 17% lead and zinc. The sulphide deposits form gently dipping mantos of 20 to 30 meters thickness that extend for up to 200 meters. As the project is not a core asset, we will seek to monetize the asset.
For details on the reserves and resources of the Silvertip Project,view the current Resource Summary (312 kb pdf).