Big Creek: Oz
Season 2019
Very sucessfull mining season at “Oz” Property! The long years of testing and prospecting are done now, a huge mine was running on Big Creek for years. Thousands of Ounces were mined.We are thankfull to the Yukon Government for the financial support during the testing campain with the YMEP 2014. Jeff Bond of the Yukon Geological Survey introduced the project to the public at the Yukon Geoscience Forum in November 2019 in Whitehorse. He shows, that the gold found in 2019 is 172-times the cost of the exploration. For us the total costs for 3 years of our work were payed back in two weeks... So the ROI (Return of invest) was 14 days. We sold the Property.
Status
Another great gold discovery at “Oz” Property! The testing campaign done by Schmidt Mining Corp. along our Oz Property, located on Big Creek (Map 115P15) led this well established group to the discovery of another excellent ‘ patch’ of very coarse gold, not too far (downstream) from the location where a previous good area has been already found in 2017. Both these great findings are following the first discovery of a good/coarse gold concentrations done by our exploration company during the early stage of exploration in 2013-14 and 15.
Starting from May of 2019, the Oz claims have been mined by the Schmidt Mining Corp. This latest findings are only confirming the existence of a strong gold distribution occurred along our property at shallow depth, and the good economic value of it.
The gold just found (see the pictures below) is surprisingly coated with a red and black crust which appears to be more probably compose by iron and manganese oxides. The gold is generally coarse and grainy, with presence of several well rounded nuggets of noticeable size. The fineness is around 82%.
Overview map: Oz at Big Creek Middle part: Sold
Detail map: Oz at Big Creek Middle part: Sold
Location and how to get there
In the central part of the Yukon 60km from Mayo and 125km from Dawson City. Lorem ipsum dolor sit amet, consectetur adipisicing elit. Ad animi assumenda blanditiis commodi, molestiae numquam quas recusandae repellat sit vero.
Area:
724Map:
115P15Reports
- Info_Claims_01.pdf (PDF, 316 KB)
- Noch ein Report (PDF, 5 MB)