Was doing a tad of reading this morning. Telkwa have taken on a...

Was doing a tad of reading this morning. Telkwa have taken on a new position in Yerrington which they consider to be another significant resource neighbouring AM. Anyway a couple of references to PMH here. (Check out the Top 4 Porphory's just to see strong our "commanding land position" really is! :)

"The Yerington Story - The "Big Four" Porphyries

The Yerington district exhibits multiple porphyry copper deposits associated with a complex swarm of Jurassic-aged igneous intrusions.

The "Big Four" deposits are;

1. Yerington Mine, 162 Mt @ 0.55% Cu (Closed 1978 - historic production)

2. Ann Mason deposit, 810 Mt @ 0.4% Cu (JORC - inferred resource - 2006)

3. MacArthur Mine, 29 Mt @ 0.28 incl. 13 Mt @ 0.44% Cu (historic oxide resource)

4. Bear-Lagomarsino deposits, >500 Mt @ 0.4% Cu (historic resource)"

Quaterra have effective of 1/5/08 got approvals for the acquisition of the old MacArthur and Yerrington Mine's. Bear is from all I can see, still in wraps. We are so significantly more progressed and undervalued compared to the likes of other players in the area (e.g. Quaterra and Nevada)! I dream about the resource upgrade bringing us up to the 1b mark these days!

If you wanna have a bit more of a read, the link is below (with some reference to the area overall) and there is more on the Telkwa site.

http://www.newswire.ca/en/releases/archive/May2008/05/c4883.html


Oh ya n it looks like PMH also had some displays at the Mining Explorers and Investors show in Canada a couple of months back. (ref session B)

http://www.pdac.ca/pdac/conv/2008/exhibitors-core-shack.html

Have a good holiday all. DL