Issue link: http://resourceworld.uberflip.com/i/99312
LEFT PAGE: Coal seam and trial cargo pit at the Arctos Anthracite Project in northern BC. Arctos is a collaborative international development project by the Arctos Anthracite Joint Venture between Fortune Minerals (80%) and POSCAN (20%), the Canadian subsidiary of Korea's POSCO, one of the world's largest steel producers. Photo courtesy Fortune Minerals Ltd. RIGHT PAGE: A helicopter slings equipment into the LH prospect on Slocan Lake, southeast British Columbia, a gold exploration project of International Bethlehem Mining. Photo courtesy International Bethlehem Mining Corp. pany is seeking a joint venture partner. Banks Island Gold Ltd. [BOZ-TSXV] has two projects in BC; the 100%-optioned Yellow Giant Gold Project and the Red Mountain gold property 18 km east of Stewart. The Yellow Giant gold property, located off the northwest coast of BC, is moving into a bulk sample and pilot mining stage in early 2013. Multiple mineralized zones are open at depth and strike. The Red Mountain prospect has the potential of becoming a low-cost gold mine. A Preliminary Economic Assessment for 1,800 tpd underground gold mine was recently completed and contemplates gold DECEMBER 2012/JANUARY 2013 equivalent production of 114,000 oz/year. BC Gold Corp. [BCG-TSXV] has released panel sampling assay results from levels 6 and 7 of the company's 100%-owned, past producing Engineer Mine near Atlin, far northern BC. The company dewatered levels 6 and 7 of the mine, which have been submerged since the mine closed in 1928, to access the down-plunge extent of the 505-3 and 505-5 gold shoots hosted within the Engineer vein. BCGold geologists collected 190 panel samples along the length of the vein for 74 metres on level 6 and 173 m on level 7. A number of the samples returned very high gold grades that ranged up to 15,280 g/t gold (445.7 oz/ton) in a grab sample. Berkwood Resources Ltd. [BKRTSXV] has completed its summer 2012 field program at the Prospect Valley gold property near Merritt. The field team extended the soil sampling grid, 1 km to the northeast, along the projected Discovery Zone Trend and has completed additional prospecting, trenching, rock sampling and other fieldwork. The soil grid consisted of 10 lines at 100-metre spacing, with samples taken at 25-metre spacing along the lines, for a total of 61 soils per line. Several highly anomalous gold areas have been outlined and were targeted in follow up trenching. Bralorne Gold Mines Ltd. [BPM-TSXV] has a 100% interest in the producing, underground, high-grade, Bralorne Gold Mine near Goldbridge, 150 air miles north of Vancouver. The company recently entered into an agreement with Metallic Commodities Corp. for the sale of its gold flotation concentrate securing cash flow for the entire volume of concentrate over the coming year. The first part of the contract includes the sale of current inventory of approximately 600 wet tonnes, assaying an average of 136 g/t gold and 60 g/t silver. The second half of the contract is for the sale of concentrate produced between November 2012, and December, 2013; once completed, both parties will discuss future sales. Brixton Metals Corp. [BBB-TSXV] has completed the Phase II 2012 drill program and soil sampling program at its Thorn Project, northwest BC. A total of 1,738 metres were drilled in 13 NQ diamond drill holes. Highlights included hole THN12-84 that intersected 123.0 metres of 402.52 g/t www.resourceworld.com 23