Sombrero Butte
The Sombrero Butte property land package represents the first consolidation of these claims since they were mined back in 1920. The target at Sombrero Butte is copper in breccias underlain by a subjacent porphyry target.Project Snap Shot
- November 29 2005 - Acquire initial land package
- April 19 2006 - Acquire Audacious claims - represents the first consolidation of this group of claims since mining began in 1917.
- August 15 2006 - Phase I drilling begins.
- November 9 2006 - early assays include 48 meters of 1.06% Cu.
- December 8 2006 - further assays including 22 meters of 4.74% Cu.
- February 14 2007 - more high grade copper including 9.56 meters of 5.57% Cu including indicators of suspected buried porphyry source.
- May 24 2007 - report further assays of high grade copper intercepts including 66 meters of 1.45%.
- July 10 2007 - drilling extends copper mineralization.
- October 30 2007 - Phase II drilling begins.
- February 28 2008 - drilling provides further high grade Cu mineralization and suggests footprint of potential underlying porphyry could be larger than first thought.
Next Phase
- Completion of ground magnetic and radiometric surveys
- Surface rock geochemistry
- Stream sediment mineralogy
- Geological Mapping
- Permitting and Further Drilling