St. Elias Mines

On Sedar, as of Friday, is the 43-101 for Gold Summit. Michael Moore, the geologist who wrote the report, suggests a Phase 1 exploration project budgeted at $250 000. Phase 2 would cost 1.2 million.

There has already been some geophysical work done.

The following paragraph is quoted from 12.2 in the report.

The author believes that sufficient sites of significance were inspected to make a quality assessment of the Gold Summit property. The author reports that, overall, geology, mineralization and showings referred to in the historical records are genuine. Based upon the property examination and review of past exploration results, it is the author's opinion that this is a property of merit and worthy of further exploration.

The history of the claim goes back to 1907.