In Brief:

• • • Reserves of 61,689t @ 10.98 g/t Au, 305 g/t Ag, 2.5% Pb and 1.5% Zn
    • Past producing deposit, with underground workings in place
    • Over 1 km unexplored strike length, with additional targets on property
    • Accessible by paved all-season highway

*Note: This project, the Venus Mine, should not be confused with Anthill Resource's "Venus" zone at Einarson.

The Venus mine is a past-producing, high-grade underground gold mine in the southern Yukon with known reserves of 61,689 tonnes grading 10.98 g/t Au, 305.14 g/t Ag, 2.5% Pb and 1.5% Zn (roughly 28,000 oz gold, 819,000 oz silver, and 5.4 million lbs combined lead-zinc) and significant exploration potential.  Well over a kilometer of unexplored strike length exists along the target structure, and 14 prospective veins in the surrounding area have not been adequately explored.

Advanced underground workings are in place at Venus, as the latest round of mining here ceased abruptly in the 1980s following a collapse in gold prices.  The property is adjacent to the Klondike Highway, a paved, all-season connection to the deep-water port of Skagway, Alaska, 75 kilometers to the southwest.

Most of the development has been on the main Venus vein, a north-trending, shallowly west-dipping, quartz fissure vein system which cuts intermediate volcanic rocks of Cretaceous age.  The Venus vein, which is the strongest structure on the property, ranges from about 8 cm to 2.4 m wide (average 0.9 m) and is surrounded by an alteration envelope up to 3 m wide.  Mineralization consists of coarsely crystalline quartz and carbonate carrying irregular bands and pods of pyrite, arsenopyrite, galena and sphalerite with minor tetrahedrite and chalcopyrite.  In the mine, two types of faults cut the vein: weak normal and reverse faults that strike normal to the vein, and strong faults that trend almost parallel and cause the vein to roll, pinch and swell. Most mineralization is concentrated in swells associated with the strong faults.  Twelve ore shoots ranging in length from 14 to 42 m were sampled by Venus ML and gave an average grade of 13.4 g/t Au, 396.0 g/t Ag, 2.6% Pb, 1.7% Zn & 0.09% Cd across a minimum width of 1.2 m.

For more information on the Venus Mine please contact us.