The 10,600-acre claim block, known collectively as the Nation Lakes project, is 143 miles northwest of Prince George, B.C. It is being explored for porphyry-type copper-gold mineralization, following staking on the basis of geological and geophysical similarities with Continental Gold’s Mt Milligan deposit, 31 miles to the east.
The current airborne geophysical survey is being funded 100% by Byron as part of an option and joint venture agreement with Westmin. Byron can earn a 45% interest in the 4-sq-mi project by funding $1.2 million in exploration over five years. The survey is designed to define magnetic anomalies and electromagnetic conductors on the property.
Byron Resources President Allen Achilles said ground follow-up of any significant geophysical anomalies of merit is planned. The company also plans to do additional work on previously defined copper anomalies detected by soil sampling and areas containing induced polarization (IP) anomalies.
Operator of the exploration project is Westmin Resources. Shares of Byron Resources have been active at the 55 cents -level.
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