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- Inferred Resource of 483.12 million tones grading 0.061% Mo (NI 43-101 compliant)
- Indicated Resource of 69.0 million tonnes grading 0.065% Mo (NI 43-101 compliant)
- One of North America's largest undeveloped primary molybdenum deposits - the deposit covers a surface area approximately 650m by 600m
- Infrastructure is very good with both tidewater access and hydro electric power situated at Kitsault 16 km to the south
- A 2,639 metre (13 hole) drill program was completed in October 2007 -- the program targeted near surface higher grade mineralized zones within a potential starter pit -- initial results include a 109.49 metre intercept averaging 0.126% Mo
- 2007 metallurgical work completed was successful in determining that in bench scale tests rougher stage molybdenum recoveries in excess of 86.5% can be achieved
- In 2006, a 3,800 metre drill program successfully extended the depth of the mineralized zone from surface to depths of over 1km
- A 2005 drill program determined historical grades could be increased using modern drilling techniques and that the deposit is open at depth
- Drill highlights include 106.68 metres grading 0.111% molybdenum and 33.53 metres grading 0.203% molybdenum
- Alteration and size increasing at depth
- Drilling suggest the deposit is open in three directions and at depth
