Second Nickel-Copper-PGE Property Staked East of Norton Deposit, and South of the Double Eagle Discovery
- 587 claim units.
- Airborne EM magnetic survey to commence in March.
- 3 large magnetic (gabbro-pyroxenite) targets.
A second large claim block was staked to cover geological setting that is potential host to nickel-copper-PGE deposits. Knowledge gained from work on the Norton deposit (presently jointly held by East West, Cascadia International and Trillium North minerals) helped in the identification of this potential. The property, called Max, is located 50 kilometers southeast of the Norton deposit.
Three large magnetic anomalies, interpreted to be mafic-ultramafic intrusions, are covered by the claims. Also, a regional scale north trending structure can be traced from the claim block for 100 kilometers to the vicinity of the Noront Resources Double Eagle nickel-copper-PGE discovery. Regional scale structures often control the emplacement of mafic-ultramafic intrusions that generate nickel-copper-PGE deposits.
An airborne helicopter EM and magnetic survey will commence in two weeks using the VTEM "Dreamcatcher" system flown by Geotech Ltd. This system was first used by East West over the Norton deposit in 2003 and this and other surveys have facilitation drill target selection.
The property is held 100% by East West Resource Corporation and is not subject to any N.S.R. The project set out above is being supervised by R. Middleton, P.Eng. who is the qualified person and responsible for quality control of any assaying and reporting.
The company is continuing its copper exploration programs at Marshall and Clay, and has joint ventured both the Hamlin and Deaty Creek IOCG projects with Xstrata Copper.
ON BEHALF OF THE BOARD OF DIRECTORS
M.J.(Moe) Lavigne, President and CEO