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| |  Area: 10,255 acres (4,150 hectares) Location Slocan District, Southeast B.C. located approximately 5 km east of Slocan Lake. The Property is easily road accessible from Highway 6 between New Denver and Slocan. The northern boundary of the Silver Property exists less than 1 km from the entrance to the underground development of the Willa Deposit and less than 500 m from some of the projected underground workings. Geological Setting The Willa Deposit and the Silver Bear Property are underlain by Rossland volcanics, a series of associated high level felsic intrusions and intrusions related to the Nelson Batholith. The Willa Deposit is hosted within a large breccia and alteration zone developed within the Rossland volcanics and a series of felsic intrusives. Historical Exploration The Silver Bear Property encloses or is immediately adjacent to a number of high grade polymetallic silver veins that have seen limited historical development and production including the Highland Light, Victor, Daisy, Silver Nugget, Silver Band and Mountain Scenery. The Highland Light produced about 88,400 grams of silver from about 10 tonnes of ore during the early 1900's yielding an average grade of about 8,840 grams of silver per tonne (258 oz/t). A number of the veins from each of these occurrences exhibit similar northeast strike and southeast dip and may indicate the presence of a larger controlling fault system in the area. The veins are underlain by the same package of rocks that host the Willa Deposit including Rossland volcanics and associated felsic intrusions and intrusions related to the Nelson Batholith. None of these historical producers contain historic resources that are compliant with National Instrument 43-101 guidelines. Current Exploration The Silver Bear Property exists immediately adjacent to the Willa Claim block, which hosts the Willa Gold-Copper-Silver Deposit. The Willa Deposit is currently the focus of feasibility studies and the collection of a 10,000 tonne bulk sample by Orphan Boy Resources Inc. Exploration during 2005 will consist of a comprehensive compilation of all prior exploration and mining in the area along with surface prospecting and sampling. | | | | | | |||||||||||||||||||||||||
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