Dobbin I, II – British Columbia, Canada (copper, platinum, palladium, molybdenum)


Property Overview


Dobbin I

(50% Nevada Clean Magnesium Inc. / 50% Goldrea)
The Dobbin I Project consists of 52 claims. This platinum, palladium and copper prospect covers approximately 3,572 hectares (8,828 acres)

Location
27 kms Northwest of Kelowna, British Columbia and adjacent to the Dobbin II property, in the Whiterocks Mountain region.

Ownership
This project is a 50/50 joint venture with Goldrea Resources Corp. (GOR:TSX.V).

Property Background
Initial work by Nevada Clean Magnesium Inc. confirmed copper-platinum-palladium “porphyry” mineralization within a 200 x 300 metre area known as the “central anomaly”. Geochemical and geophysical surveys suggested the central anomaly extends at least 400 metres (1,300 feet south of the central showings. There is also a significant anomaly 700 metres (2,300 feet) SW of the central showings.

The property has had prior exploration over the past 40 years including limited diamond drilling. Prior diamond drilling had returned copper values averaging .30% Cu over a depth of 120 metres. Platinum and Palladium were detected in samples from trenches cut by Cominco during surface exploration in 1977 with grades running from .31% Copper; 1000 ppb Platinum; 470 ppb palladium (over 3 metres) to .37% copper; 290 ppb platinum and 200 ppb palladium over 10 metres.


Dobbin II (Tadpole Lake)

(50% Molycor / 50% Goldrea)

The Dobbin II Tadpole Lake Project is a Molybdenum prospect that hosts a quartz stockwork and molybdenum soils anomaly measuring approximately 1,000 x 1,500 metres. This prospect covers approximately 1,308 Hectares (3,233 acres) in size.

Location:
27 kms Northwest of Kelowna, British Columbia and adjacent to the Dobbin I property, in the Whiterocks Mountain region.

Ownership
This project is a 50/50 joint venture with Goldrea Resources Corp. (GOR:TSX.V).

Property Background
Tadpole Lake (Dobbin ll) is located adjacent to the west boundary of the Flap Gold Claims and north of the Dobbin l copper/platinum properties, approximately 25 kilometers northwest of Kelowna and 23 kilometers northeast of the past producing Brenda open pit copper/moly mine. Cominco Inc. held this ground for 20 years and between 1977 to 1980, they completed a total of 73 percussion holes totaling 5800 meters (19,026 feet), identifying a significantly sized anomaly. The property hosts a quartz stockwork and molybdenum soils anomaly measuring approximately 1000×1500 meters.

Prior work by Cominco Inc. in 1978, included the drilling of widely spaced percussion holes with results up to .105% MoS 2 (0.063 Mo) over 56 meters (184 feet). A comprehensive meeting with William Hainsworth P.Eng, writer of the Tadpole Lake Molybdenum Report and also part of the discovery team of two past producing molybdenum mines, Red Mountain Ltd and Highmont Mining Corp., led to the conclusion the Tadpole Lake project has the merit for advancement. The companies are planning a $500,000.00 diamond drill program to test the mineralized structure.