Flap – British Columbia, Canada (gold)


Property Overview


Flap Claims

(50% Nevada Clean Magnesium Inc. / 50% Goldrea)

Flap Project is a gold prospect approximately 706 hectares (1,744 acres) in size

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

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

Property Background
Back in 2010 the Company completed 771 meters of trenching and drilled 4 reverse circulation exploration drill holes totaling 730 meters on the Flap stockwork gold zone measuring 300 x 200 meters (885 ft. x 666 ft.). Earlier drilling and trenching by Rea Gold Corp. returned up to 76.73 grams/tonne Au (2.25 opt Au) over 1 meter (3.3 ft.) in diamond drilling and 17.8 – 25.6 grams Au/t (0.5 – 0.75 opt Au) in chip samples from the surface (reported by Gary Medford, PhD/Rea Gold Corp. (“Rea”) Feb 18, 1989). The drill hole program was designed to offset a potential nugget effect by increasing the size of the drill holes and the size of the samples assayed.

Results from the program returned:

SIGNIFICANT INTERCEPTS DISCOVERED TO DATE AT FLAP

Flap Intercepts

Samples prepared and analyzed by ALS Chemex, Vancouver, British Columbia.

These results are selected to evaluate the potential for an underground vat leach configured operation and the grades chosen for the table reflect that fact.