TAURUS copper-moly-gold deposit, Alaska

NOW OPTIONED TO KENORLAND MINERALS INC

a private company that has taken a major position in SE Alaska

 

The 4,560 acre Taurus property hosts a copper-molybdenum-gold porphyry deposit situated in Alaska, 10 miles west of the Yukon/Alaska border, and directly on trend with the Yukon's prolific White Gold trend and the soon-to-be-developed Casino deposit. 

Most rapid access is via Dawson City, then south by road for 2 hours to Tok, Alaska, where a 30 minute flight can be chartered to one of the two airstrips on the property.   Heavy equipment can be walked or skidded in via trail from the Top of The World highway connecting Dawson with the Alaska Highway.

Although the Taurus has been the subject of surface exploration and at least seven drilling programs between 1971 and 1996, the property is large and remains relatively unexplored.  Drilling approximately 7% of the defined target area has resulted in definition of an inferred mineral resource of approximately 75 million tons grading 0.275% copper, 0.032% molybdenum, and 0.166 g/t gold.  This estimated inferred resource would contain 414 million pounds of copper, 48 million pounds of molybdenum, and 401,000 ounces of gold.

 In order to calculate this inferred resource, the following assumptions, parameters, and methods were used:

  • Results were used from ten qualified holes only, being those that were drilled vertically and had three holes within 600 feet.  Average distance between holes was 474 feet;

  • These ten holes averaged 824 feet in depth;

  • An area of influence with a radius of either 250 or 300 feet was centered on the qualified holes in order to best reduce voids;

  • Where areas of influence overlapped, the overlaps were subtracted from the total of the individual areas;

  • Where overlaps were considered too complex, area calculations were carried out using triangle geometry;

  • Once an area of influence was calculated for an individual drill hole, tonnage was calculated using drill-indicated intervals.  Tonnage is based on 168 pounds per cubic foot of rock;

  • Weighted averages were calculated using drill-indicated grades in order to arrive at a final inferred resource grade estimate. Cut-off grades of 0.1% Cu and 0.01% Mo and .1 g/t gold were used; and

  • Historical drill holes were included along with more recent drilling, but four of the historical holes had not been assayed for gold, so when an interval from an historical hole was used for copper and molybdenum, the gold value was assumed to be zero.

The Taurus is 100% owned by Senator Minerals US Inc, which in turn is 100% owned by Seguro Projects Inc.
A NI 43-101-compliant technical report is available.  Please contact Seguro's CEO, Tony Simon, if you wish to express an interest.  778-991-1267 or email:  ts @ seguroprojects.com