Eagle Plains | Dragon Lake - Gold Mineral Exploration Property

Dragon Lake | (Gold)

The Dragon Lake property consists of 24 quartz claims (1200 acres) 85 km northeast of Ross River. The property is situated along the southwest shore of Dragon lake, 10 km west of the North Canol Road. The project targets skarn/replacement gold mineralization associated with Tombstone-Suite intrusives and surrounding sediments. Soil geochemical sampling and limited trenching has been completed by Eagle Plains since 1996 and has indicated that significant gold mineralization is present within property boundaries. Geology and mineralization seen at the Drag property is very similar to that contained on the McQuesten (Wayne) property that was sold to Alexco Resources during October 2007, see news release. During 1999, Eagle Plains carried out a $100,000 diamond-drilling program on the property and intersected significant skarn mineralization, with erratic gold values grading up to 3.66 g/t Au over 1.2m encountered.

This project is currently under option.

Updated November 22, 2011