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SPENCES BRIDGE
the Westhaven discovery. With the gold
market on a much welcomed recovery
path, many companies are cashing up
their treasuries with equity offerings in
what appears to be a positive market trend
for mineral explorers. A lot of the money
is heading into the Spence's Bridge area
where the following companies are also
active:
Employing a team of 22 geologists
tasked with collecting 4,500 samples,
Talisker Resources has undertaken a
Phase 1 regional geochemical program
on its 100%-owned claims covering the
majority of the Spences Bridge Gold Belt.
The company's SBGB regional program
encompasses a 230,261-hectare land pack-
age comprising its Spences Bridge, Blustry
Mountain, Lola and Remington properties
that together cover ~85% of the belt as
well as the Tulox property and the WCGC
properties.
Late last year, Spearmint Resources
Inc. [SPMT-CSE; SPMTF-OTC; A2AHL5-
FSE] announced the acquisition of its
Hammernose gold prospect consisting of
5,140 acres in the SBGB. After receiving
positive gold and copper indicators from
a preliminary work program the company
subsequently increased the size of the
prospect to 5,910 acres
Independence Gold Corp. [IGO-TSXV;
IEGCF-OTC] has budgeted an additional
$300,000 for exploration on its Spences
Bridge area Merit and Nicoamen proj-
ects located 20 and 40 km respectively
northwest of Westhaven's Shovelnose
property. The Nicoamen property con-
tains four anomalous zones identified by
soil geochemical sampling and an Induced
Polarization geophysical survey. The
Discovery Zone, previously traced for over
75 metres, is a series of narrow, rhythmi-
cally banded, chalcedonic quartz veinlets
ranging from 1 to 20 cm in width, with
one vein in excess of 10 metres in length.
Trench samples returned assays of 0.5
g/t gold over 4.9 metres and 3.19 g/t gold
over 0.2 metres. A composite sample of
quartz vein float collected 600 metres
northwest of the Discovery Zone returned
64.87 g/t gold. Mineralization at the West
