MX GOLD CORP TSX-V: MXL

Redbird/Rabbit

Overview

 

The Redbird, Rabbitt claims consist of 21 mineral tenures totalling 4,085 hectares (10,094 acres) located in southern British Columbia in the Similkameen Mining Division, immediately north of the Tulameen River, west of Otter Lake, and 1.4km west of the village in Tulameen.

Two different mineral deposit types occur on the property; volcanogenic massive sulphides (VMS) on the Redbird area, which include the Redbird and Motherlode showings, and epithermal gold-bearing quarts veins located on the southwest part of the property at the Rabbitt Gold Mine location. The Rabbitt Gold Mine was in production between 1938 and 1941 and again in the 1970s.

The mine is reported to have produced for the period 1938 to 1941, 1304 tonnes of ore grading 25.7g/t gold and 14.0g/t silver. Recorded mineral recovery for this period was 33,516g (1,078 ounces) gold and 18,164g (584 ounces) silver.

During 2008 / 2009 MX Gold Corp. completed an exploration programs that included, airborne magnetometer and VLF-EM survey, geophysical survey, detailed ground work, consisting of grid establishment, soil and rock geochemistry and geological mapping. Further exploration recommendations include geological sampling on closer grid line density, soil geochemistry and diamond drilling.

Images

 

 


Wayne Ash, P. Eng., is independent of MX GOLD CORP and is the qualified person who has reviewed and approved the technical disclosure of this page.