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MINING
A strategic alliance has been formed with
Westhaven Ventures which owns the
Shovelnose Project contiguous to Sable's
claims. Under the alliance, any ground
staked by Sable within 5 km of Westhaven's
existing projects will be subject to a
2.5% net smelter royalty. Additionally,
Westhaven has a 30-day right of first refusal
for a three-year period for any properties
within the same 5 km radius.
Eurocontrol Technics Group Inc.
[EUO-CSE] (halted) signed an asset pur
-
chase agreement January 24, 2019, in
which the company will acquire Sable's
British Columbia mineral properties, pend-
ing regulatory approval.
Rokmaster Resources Corp. [RKR-
TSXV; RKMSF-OTC] has a 100% interest in
the Duncan Lake zinc-lead-silver prospect
located 64 km north of Kaslo in the Slocan
Mining Divison. A 1.0-metre grab sample
south of the No.3 Zone returned 21.44%
zinc, 23 g/t silver and 12.57% lead.
Sego Resources Inc. [SGZ-TSXV] has
been drilling and trenching its 100%-
owned Miner Mountain property, an
alkalic copper-gold porphyry exploration
project located near Princeton. Sego exca
-
vated 100 metres of trenching and exposed
a new important zone approximately 500
metres west of the known Cuba Zone. This
new zone was originally defined by com-
bined soil and geophysical anomalies. The
trenches exposed about 40 metres of copper
mineralization, including malachite, azurite
and chalcopyrite, with 26 metres of particu-
larly elevated grade. The two highest assays
were 1.63% copper and 0.24 g/t gold; as
well as 2.28% copper and 0.8 g/t gold.
The Phase II 2018 drilling and trenching
program was developed as the beginning
of a much larger-scale exploration program
designed to expand and enhance mineral
-
ization at the Miner Mountain Project.
Taseko Mines Ltd. [TKO-TSX; TGB-
NYSE American], which is operator and
75% owned of the Gibraltar copper-
molybdenum-silver mine 65 km north
of Williams Lake, recently acquired all
the shares of Yellowhead Mining Inc.
Yellowhead had a 100% interest in the
advanced stage Harper Creek copper-gold-