Beauchamps takes option from Curator

Beauchamps can earn its interest by spending $1 million on exploration over a 4-year period. A minimum of $150,000 must be spent in the first year.

The company feels the property has good potential for hosting a porphyry copper-gold deposit similar to the Kerr and Mt. Milligan deposits being explored by Sulphurets Gold and Continental Gold, both of which are in British Columbia in B.C.

Past exploration work completed by other operators yielded good results from a copper and gold- bearing quartz stockwork with surface dimensions of 2,000 ft by 400 ft, Beauchamps says. Some of the better drill results included copper grades ranging from 0.2-0.7% over core intervals of 250-400 ft. Gold values ranged from 0.01-0.09 oz gold per ton. The average grade is 0.018 oz. Narrower sections within the stockwork assayed up to 2.16% copper across 10 ft. The deposit is amenable to open pit mining and is accessible from the Stewart-Cassiar highway. Beauchamps, as project operator, expects to start its exploration program in June. This will include surface sampling and drilling.

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