Durango

Technical Information

Dolly Varden Big Bulk Option

The central Big Bulk IP survey employed 1600m arrays consisting of 32 dipoles at 50m spacing (line spacing: 200m) in order to achieve the greatest depth penetration possible (500m to 600m).

The resulting 3D inversion model displayed the following important chargeability and resistivity features:

·         An extensive, potentially stratigraphically-influenced, circular high chargeability zone starting at approximately 350m depth as defined by the 30msec isosurface, with a few thin peripheral pipe-like anomalies extending to surface (Figure 1);

·         A broad, tongue-shaped low resistivity zone defined by the 750 ohm-m isosurface cutting east to west across the central survey area.  This is interpreted to define the base of the coincident glacial moraine observable at surface.

Big Bulk Rock Sampling

The Big Bulk rock sampling program yielded 989 rock samples (738 outcrop, 120 boulder, 130 talus).  Seven percent of the outcrop samples graded greater than 0.5g/t gold, and ten percent of the outcrop samples graded greater than 0.5% copper.  Analysis of these results suggests that the southwestern sector of the Big Bulk system, primarily over Teck property, is relatively enriched in gold, while the northeastern sector, primarily over Dolly Varden property, is relatively enriched in copper.

  Clich here to see full image of Gold Plot

2008 Drilling Results

Approximately 2000m of drilling completed on and immediately adjacent to the main Big Bulk IP survey area yielded the following results:

BB-05 BB-06 BB-16 BB-07 BB-10 BB-11

BB-15 BB-12

Hole

From (m)

To (m)

Length (m)

Gold (g/t)

Copper (%)

Silver (g/t)

Molyb-denum (g/t)

Sulphur (%)

BB-05

 

 

3.05

93.01

89.96

0.07

0.15

0.29

3

1.00

including

59.91

82.50

22.59

0.07

0.26

0.42

7

1.82

BB-06

 

 

34.76

149.15

114.39

0.10

0.21

0.49

3

1.14

including

47.40

65.60

18.2

0.14

0.26

0.57

4

0.90

and

10.48

129.98

23.5

0.15

0.31

0.62

1

1.70

BB-16

 

 

194.42

252.34

57.92

0.07

0.18

0.43

13

2.00

including

238.59

248.22

9.63

0.18

0.49

0.93

11

1.47

BB-07

 

 

132.80

304.80

172.00

0.11

0.01

1.57

4

3.33

including

207.27

214.56

7.29

0.46

0.03

2.33

3

4.42

and

237.75

248.23

10.48

0.42

0.02

1.90

3

4.57

BB-10

 

 

9.11

111.50

102.39

0.09

0.13

0.60

5

3.52

including

62.44

82.30

19.86

0.10

0.20

0.54

6

3.80

BB-11

 

 

16.46

168.83

152.37

0.06

0.17

0.76

19

1.32

including

56.20

121.97

65.77

0.07

0.24

0.73

21

1.12

BB-15

 

 

108.43

251.44

143.01

0.08

0.15

0.80

15

2.56

including

108.43

126.55

18.12

0.11

0.27

0.89

3

1.99

and

149.35

163.23

13.88

0.10

0.20

10.1

66

5.94

and

210.31

234.70

24.39

0.11

0.23

0.50

7

1.02

BB-12

 

 

3.05

41.16

38.11

0.02

0.18

0.72

4

1.32

including

10.64

21.33

10.69

0.05

0.41

0.99

3

1.21

All assays taken on average 1.5 metre samples of half sawn core and assayed at the ALS Chemex Laboratory located in North Vancouver, British Columbia using Fire Assay for gold (50 gram charges) and ICP for silver and base-metals. Standards and blanks were inserted into the sample stream to monitor laboratory performance, with which the Company is satisfied. Complete downhole profiles for each of the elements reported above are available for review on the Company’s website.


Dolly Varden Midnight Blue Option

In late August two holes totaling 509.08 metres were drilled into a combined gold and copper in talus/chargeability anomaly yielding only sporadically enhanced levels of copper, gold and zinc hosted in a package of highly altered volcaniclastic, volcanic and intrusive rocks.