Presentation on theme: "Photo Book: The Deer Trail Mine Story Piute County Utah Q1 2014."— Presentation transcript:
Photo Book: The Deer Trail Mine Story Piute County Utah Q1 2014
The Deer Trail Mine is located in the Marysvale Mining District of Piute County, Utah. Deer Trail is a high-grade polymetallic underground mine that has seen intermittent production between discovery in 1878 until 1980
A new 250 ton per day mill was built in 2008. The mill is in very good condition but it was put on care and maintenance in early 2009 due to low metals prices.
Western Pacific Resources and financial partner Quintana believe this mine and district both offer excellent long term upside and potential.
The Company plans to rehabilitate the primary working areas, upgrade the electrical, perform underground drilling to expand upon the known areas of mineralization, and construct a tailings pond.
The $7 million dollar deal includes infrastructure such as the flotation mill, the partially complete cyanide circuit, a crusher, electrical substation on the regional grid, general office, lab and sampling facilities, 5 miles of underground development, two battery locomotives and several 1.5 ton ore cars, all weather road access, and year round water supply.
The Mine has both sulphide and oxide zones, with high grade gold and silver oxide in the Upper Mine, and high grade silver lead zinc and gold mineralization in the Lower Mine. For examples of high grade, please refer to sampling releases on Sept 3, 2013 and initial press release on Feb 26, 2013 for reference to high grades from previous productive periods at the Mine.
These four areas are described as the Upper oxide zone, the 3400 area, the 8600 area and the old tailings onsite. The Upper (Old) Deer Trail Mine was discovered in 1878 and operated intermittently until 1942. The Lower Mine produced high grade mineralization on and off from 1945 to 1980.
Permits are in place for the existing mine and flotation mill. Outstanding permits are related to air quality and the cyanide circuit of the mill.
The mine is located in the smallest and poorest County in Utah, therefore there is tremendous support from the locals and the County officials to reinstate operations which could eventually provide a large boost to the economy.
Thank you for taking the time to learn about the historic Deer Trail Mine. For more information email email@example.com, or contact us at 604-692-2891.
Cautionary Statement A production decision has not been made at this time for the Deer Trail Mine. This Presentation may contain forward-looking statements including, but not limited to, comments regarding or inferring commercial production, rehabilitation and assorted work programs aimed at developing the mine and proving up NI 43- 101 compliant resources. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Western Pacifics projects in Utah, Nevada and Idaho are at an early stage and all estimates and projections are based on limited, and possibly incomplete, data. More work is required before the mineralization and the Projects' economic aspects can be confidently modeled. Actual results may differ materially from those currently anticipated in this presentation. No representation or prediction is intended as to the results of future work, nor can there be any promise that the estimates and projections herein will be sustained in future work or that the Project will otherwise prove to be economic.
The Company has not established a National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") mineral resource estimate for the DTM Project nor has it made a production decision with respect to such project. Further, the Company has not based its decision to enter into the Streaming Transaction on a feasibility study of mineral reserves, demonstrating economic and technical viability, and, as a result, there may be an increased uncertainty of achieving any particular level of recovery of minerals or the cost of such recovery, including increased risks associated with developing a commercially mineable deposit. Historically, such projects have a much higher risk of economic and technical failure. There is no guarantee that production will begin as anticipated or at all. Eric Saderholm, P. Geo, is the Company's Qualified Person (as such term is defined by NI 43-101) and has reviewed and approved the technical disclosure contained in this news release. Mr. Saderholm is also the Company's Vice President of Exploration.