Holt Property, Vancouver Island – British Colombia, Canada (75% earn-in agreement)
AMR has finalized an earn-in agreement on the Holt Property on Vancouver Island, British Colombia, Canada. The Property has a recently completed 43-101 compliant technical report on the area’s prospecivity, with proven volcanogenic massive sulphide (VMS) and skarn magnetite mineralization.
2018 work to date on the Property includes:
- 16 rock, 9 soil, and 29 silt samples and sent to a 3rd party lab for geochemical analysis. Results included copper and vanadium mineralization, which encourage further work
- Airborne geophysical survey over the entire Property area, including some areas outside of, but adjacent to, the Holt Property. Results highlight multiple magnetic features and will be further analyzed in combination with ongoing sampling work
This is a low-cost earn-in exploration opportunity in an area with compelling geology due to historical production of gold, silver, and copper. Further, as is the case across most of the region, nearby infrastructure is excellent. A large portion of the land is accessible via active logging roads, several 500 kilovolt power lines intersect the tenements, and the Naniamo Port is about 50km away.