Whiskey Jack Project
A 2008-2009 winter drill program consisting of 3 diamond drill holes was been completed by Carmax’s partner, Alexandria Minerals Corp. (“Alexandria”) on the Whiskey Jack Creek property.
The three holes were drilled stepping out from drill hole MAT-08-7 drilled in late 2007 which returned 2.25 g/t Au over 6.00 m at a depth of 165.5m.
Alexandra recommended a further drilling program on the claims, but no additional work has been done since 2009.
The Company is currently in negotiations with Alexandria to formalize the Joint Venture arrangement, to allow further exploration of the property.