Nixon Fork

Opportunity to acquire the Nixon Fork Gold Mine - Invitation to the Sale Process and Terms...

The purpose of this Invitation is to solicit Indicative Offers and Formal Offers to purchase all the shares of Mystery Creek Resources, Inc. ("MCRI") which owns the Nixon Fork Gold Mine ("Nixon Fork") located approximately 32 miles northeast of McGrath, State of Alaska, U.S.A. Mystery Creek Resources, Inc., an Alaska corporation, is a wholly owned US subsidiary of St Andrew Goldfields Ltd. of Toronto, Ontario Canada. ('St Andrew").

Ryan Lode

Property Size/Location: The Ryan Lode Mine is located near Fairbanks on the ridge between Eva Creek and Saint Patrick Creek, on the southeast side of ester Dome.

GEOLOGIC SUMMARY: The Ryan Lode gold deposit is a road accessible intrusive-related gold deposit located 9 miles from Fairbanks, Alaska. The property is owned 100% by Gold Range Ltd., a San Antonio, Texas-based private corporation. The project was discovered in 1911 and has produced 19,820 ounces of gold and 14,330 ounces of silver, virtually all of which came from heap leaching of surface-mined ore in the late 1980's. Mineralization is hosted in Paleozoic schists and Cretaceous intermediate intrusives cut by a northeast striking, southeast dipping poly-phase shear zone that averages 50 feet true width and varies up to 100 feet in width. Low-sulfide goldbearing quartz veins are associated with sericite alteration and elevated levels of silver, arsenic, antimony and locally bismuth, copper, tungsten, lead, molybdenum and zinc. Extensive diamond drilling and reverse circulation drilling conducted by several companies in the last 15 years has delineated surface minable resources of 248,000 ounces of gold grading 0.066 opt contained in 3,751,000 tons of material within a larger total geologic resource of about 2.4 million ounces of gold in 55.6 million tons of rock grading 0.043 opt. Limited exploration effort has been directed toward deeper, potentially underground minable resources. The property owners are seeking interest from financially responsible and technically capable parties interested in developing the Ryan Lode property.

Duke Island

Property Size/Location: The Duke Island Cu-Ni-PGE prospect is located in the Prince Rupert quadrangle of southeast Alaska about 30 miles south of Ketchikan in Township 80 South, Range 93 East. It consists of 129 unpatented Federal lode mining claims covering 2,580 acres, and 11 state of Alaska mining claims covering 1,280 acres. The project area is accessible via boat, small float plane and helicopter. There is tidewater access to the southeast end of the property at Judd Harbor and the central portion of the property via Hall Cove. Elevations on the property range from sea level to 1,700 feet at the peak of Mt. Lazaro on the south end of Duke Island. Other than the peak at Mt. Lazaro, topography at Duke Island is subdued with irregular small hills (100 – 300 feet elevation) surrounded by low areas covered by marshes and small ponds. Temperate wet and often windy weather conditions prevail in this part of Alaska and allow a snow-free working season in most years from April through November. The city of Ketchikan (population 14,000) is located 30 miles to the north and is the regional commercial hub for this part of southeast Alaska. The city hosts an all-season deep water port, international airport, commercial fixed wing and helicopter services, and most of the support industry required for mineral exploration.

GEOLOGIC SUMMARY: Prior to discovery of significant accumulations of massive, semi-massive and disseminated sulfide mineralization in 2001, the Duke Island prospect was considered to be a classic zoned Ural - Alaska type mafic - ultramafic complex (Irvine, 1959, 1974, Figures 4). It is unique on a worldwide basis for its remarkable graded igneous bedding features. Ural - Alaska type zoned complexes are found in Russia, Ethiopia, Columbia, and Canada as well as several places in Alaska (Himmelberg and Loney, 1995; Irvine, 1974, Ruckmick and Noble, 1959; Taylor, 1979; Moegessie and others, 1999; Tistl, 1994; Nixon and others, 1990). Copper and nickel mineralization at Duke Island occurs as chalcopyrite and pentlandite in massive to disseminated pyrrhotite. Sulfide mineralization is primarily hosted in clinopyroxenite as interstitial blebs, pods and net-textured masses. There is little correlation between PGE content and sulfide content. PGE enriched intervals occur in sulfide rich intervals, but there are also numerous sulfide rich intervals with no appreciable PGE content. PGE assays from 46 rock samples collected by Clark and Greenwood (1972) returned values up to 200 ppb Pt and 184 ppb Pd. Eleven additional samples collected by the US Bureau of Mines in 1995 revealed Pt values up to 31 ppb, Pd values up to 264 ppb, Cu values up to 2,223 ppm and Ni values up to 1,240 ppm (Maas and others, 1995). Irvine (1974) conducted limited trace element analyses at Duke Island and reported values up to 3,200 ppm Cr and 2,700 ppm Ni from the Duke Island complex (no PGE analyses were conducted). Similar Cr and Ni values have been found in other Ural – Alaska type complexes in southeastern Alaska and are usually associated with dunite bodies where these metals occur as chromite pods and as inclusions in the olivine lattice, respectively. Copper, nickel and iron contents at Duke Island are significantly elevated relative to most Ural – Alaska complexes and suggest the Duke Island complex is a hybrid Ural – Alaska complex or that sulfide mineralization at Duke Island was controlled by physical and chemical controls similar to those which affect layered intrusive complexes.

Bokan Mountain

NO LONGER AVAILABLE

Past Name(s): Ross-Ada....

Property Size: The pros...