Issue link: http://resourceworld.uberflip.com/i/198816
copper-molybdenum-silver deposit with significant resources located in west-central BC, and the Davidson property, a high-grade molybdenum deposit located under Hudson Bay Mountain, near Smithers. Tower Resources Ltd. [TWR-TSXV] reported assay results from grab samples taken at its 100%-controlled Waterloo property, 65 km east of Kelowna, near the historic Lightning Peak silver and gold mining camp. The 2012 pre-drilling exploration program was focused near the historic Waterloo Mine and consisted of geological mapping, prospecting, geophysical surveys, and confirmation soil geochemistry. Assays ranged up to 3,095 g/t silver and 45 g/t gold. Troymet Exploration Corp. [TYETSXV] has completed the fall drilling program on its 100%-owned Key gold project, 125 km southwest of Vanderhoof, northern BC. The prospect is adjacent to New Gold's Blackwater Project. A total of 867 metres of reverse-circulation drilling november 2013 (RC) were completed in 16 holes. Drilling tested gold-in-soil anomalies plus or minus coincident induced polarization anomalies in the Buzz (10 holes), SGN (two holes), P1A (two holes) and Blue (two holes) target areas. Assays are pending. Walter Energy Inc. [WLT-TSX] has two operating coal mines in northeast BC and one with production suspended. The Wolverine Mine produces about 2 million tonnes per year while the Brule Mine produces about 1.7 million tpy. The Willow Creek Mine is on hold until market conditions and prices improve. Westhaven Ventures Inc. [WHN-TSXV] has completed drilling on its 16,421-hectare Shovelnose gold property 30 km south of Merritt. The property is a gold-silver epithermal-style exploration target that covers prospective stratigraphy in the southern Spences Bridge gold belt. Drilling comprised five holes totaling 778 metres of diamond drilling. The Tower Creek valley, a prominent structural feature located between the Tower and Mik zones, was identified as a priority target for further evaluation. The drill program further evaluated this area, as well as targets within the property that have been identified based on gold and associated pathfinder element soil values. West High Yield Resources Ltd. [WHY-TSXV] has prepared a Preliminary Economic Assessment of its Record Ridge magnesium project in southern BC. It is envisaged as an open pit mine with a 42-year mine life. Pre-tax NPV (5%) is US $1.339 billion with and IRR of 21%. Capital costs are US $608 million. Yellowhead Mining Inc. [YMI-TSX] has a 100% interest in the Harper Creek copper-gold-silver development project in south-central British Columbia, approximately 150 km by highway north of Kamloops. Estimated production over its 28-year mine life is forecast at 3.63 billion lbs copper, 372,000 oz gold, and 14 million oz silver in concentrate. . n www.resourceworld.com 37