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Yukon: White Gold

Portland Property


Portland Property (1,552 hectares) covers a historical showing, with samples of as much as 5.7 ounces per ton gold, known as the Gold Run which was discovered in 1910 and has about 30 metres of shafting, 23 metres of adits and extensive hand trenching. This work was done along several hundred metres of an exposed sulphide-bearing quartz-breccia vein found on the ridge crest and trending northwest into the headwaters of Portland Creek.

Taku completed a mechanical trenching program on the Portland Property in October 2010. The trenching was completed at the historical Gold Run showing (Yukon Minefile No. 115O 063). Six trenches were dug at 50m intervals along a strike length of 250m of a poorly exposed sulphide-bearing quartz-breccia vein that makes up the showing. A total of 22 chip samples were systematically collected across the mineralized structure at 1.0m intervals. The best values were obtained in Trench No. 4 where the vein structure averaged 97.23gpt Au (uncut) over 7.0m with a maximum value of 455.76gpt Au. The sampling results are summarized as follows:

Trench No. Min.
gpt Au
Max.
gpt Au
Wt. Avg.
gpt Au (uncut)
Wt. Avg.
gpt Au (cut)*
Width m
1 0.09 0.11 0.10 0.10 2.0
2 0.30 2.21 1.26 1.26 2.0
3 0.64 34.76 7.42 5.93 6.0
4 0.21 455.76 97.23 27.26 7.0
5 0.03 3.93 1.65 1.65 3.0
6 0.03 0.05 0.04 0.04 2.0

*Cut to 34.34gpt Au

Report on Portland Property 2010 Exploration program