|

Burns Mountain Near Barkerville,
British Columbia
In The Heart of The Gold Rush Territory
Historical Overview The
Burns Group was acquired in 1998 by the purchase
of Burns 1 and the staking of the J.C.B. claims.
There is an extensive history of mining on the
property dating back to 1858, with several old
adits (one of 2350 feet) and old workings in
various locations. The Burns Group straddles
highway 26,approx. 6km from wells, British
Columbia. The property has been partially logged
and offers extremely good access to many areas
of interest. In 2000 through
diligent research and staking the size of the
property was doubled to 203 units by the Ace
claims. These 203 adjoining units lay on what
has been referred to as a "parallel trend" to
the famous Cariboo Gold Camp. Added significance
to the property comes from its proximity to the
major new Bonanza Ledge discovery that is tied
to all the historical "proven producers".
Quick Facts
 Gemco owns
100% of the mineral claims on the Burns Mountain
mineral hard rock property. The mineral asset is
situated on a total of 12,685 Acres (5,133
hectares ) of prime exploration property. In
January 2005, the Burns Group was converted to
cells; this resulted in the property size being
changed to 3,947 hectares with 158 cells. The
new tenure numbers are 506325, 506328, 506333,
506335, 506336, 506337. With
extremely good access, Gemco has conducted
preliminary works at Burns Mountain including
exploration of existing adits and shafts. The
longest explored adit tunnel being 2,350 feet
into the mountain. The property offers good
assay results from many locations tested, with
70% of the property still unexplored. Further,
earlier records showed the creeks draining
Mountain Burns contained very coarse gold of
high fineness. In 1990 our president, Tom
Hatton, discovered an 8.5 ounce gold nugget at
Burns Creek, which was recorded and published in
the B.C. mining records.
British Columbia Ministry of Energy & Mines
identifies the Cariboo region as one of the
provinces' largest precious metals exploration
regions. The Company is poised to launch its
diamond drill program in the spring of 2006 on
completion of its initial financing.
GEOLOGY/METALLURGY On
the Burns Mountain property the exploration
focus will be on a northerly trending fault and
proximal quartz veining. Quartz veining within
the "camp" has historically been designated as
either "A' veins (those being sub-parallel the
north westerly trending strata and are usually
of greater extent). Or "B" veins which within
the mines, are, either transverse (right angles
to stratigraphy) or oblique, which cut
stratigraphy but are at right angles to the
northerly trending faults. The "B' veins have
been interpreted as tension fracture filling
possibly following the Riedel shear model. Skerl
(1948) states that "Continued movement (along
the northerly trending faults) opened up both
groups of these fractures enabling mineral
solutions to invade the broken zones near both
the north - south and the "bedded" faults and
produce auriferous quartz-pyrite veins. Some
mineralization took place within the faults
themselves." Property
Maintenance At present the
ground has been maintained by completing basic
exploration, including:
-
Locating a number of
historical points of interest
-
G.P.S of all legal corner
posts
-
Some kilometers of grid
lines
-
Soil sampling in several
areas of interest
-
A small V.L.F. mag.
Survey
-
A small S.P. survey
-
Limited road maintenance
-
Gathering of a number of
historical references to the property
-
A summary of data by R.D.
Hall, PhD, P.Eng.
Significant Opportunity
Early findings have been
corroborated by more geo-tech work through an
extensive exploration program with the
participation of a qualified geologist. The
Burns Group property should enhance
International Wayside's (I.W.A.) adjacent ground
that has already been taken to the environmental
review stage and has been the subject of a
number of sizeable private placements in late
2003. With the recent increase in gold prices
the Burns Group Property has acquired even
greater potential significance. |