Twelve significant gold prospects have been identified along the 30-mile trend. Five of the six MSPs are defined by strong and persistent gold soil anomalies of 2,800 feet to 12,000 feet with the highest values exceeding 0.10 ounces of gold per ton.
All anomalies are open on strike and down dip.
Much of this historic gold region is relatively unexplored. Based on the results obtained at each of the prospects, the potential exists for the discovery of a cluster of deposits along the Seventymile goldbelt. Ventures acquired control of the property through Doyon Limited, an Alaskan Native corporation. The agreement gives the Company exclusive mineral rights to over 3 million acres of land in Alaska. The Company also reports that Dr. Trevor Carmichael, Q.C. has been elected to the board of directors of Ventures.