Project Brosner Property

Detailed information concerning the Brosner project can be obtained by reviewing the 43-101 Technical report prepared in August 2007 by Consultations Géo-logic by clicking here.

Summary
The Brosnor property is located in the Province of Quebec, some 30 kilometres east of the town of Val d’Or, Abitibi, close to the junction between provincial highway 117, leading west to Val d’Or and road 113, leading north to Senneterre.

The property is enclosed in SNRC 32 C/03, in the north-east corner of Louvicourt Township. It consists of 18 claims totalling 922,38 ha, registered in the name of Ced-d’Or Corporation, all in good standing. Some of the claims renewal date are due this coming June and July 2007 (see Table 1 and Figure 2). Assessment work credits to maintain the claims exceed 1,3 M$ and are therefore sufficient to meet the renewal requirements for many years. Corporation Ced-Or is a third party from which GYG has recently acquired the mining rights.

The property was previously partly surveyed at the time of the decline opening. However, the actual property covers a much larger area but all the claims are bounded to lots shown on the government map used for claim designation.

Previous exploration has been centred on two main gold occurrences known as the Adelemont and Norcourt zones, which lead to the identification of mineral deposits on which mineral resources estimates have been conducted. The Adelemont zone is located in the south-west extremity of Lot 48, Range IX, while the Norcourt zone lies some 300 meters to the south-east, on Lot 51, Range VIII. In 1986-87, a decline was excavated with the portal entrance from a rare outcropping area on the property, located in the central part of Lot 48, Range IX. The decline heads west for 670 meters and reaches the Adelemont structure at a vertical depth of 100 meters. It was abandoned in 1987 and the portal blocked with muck. All the underground development workings are flooded.

An environmental characterisation study completed by Geospex Sciences Inc. in 1996, for Société Minière Espalau Inc. (owner at the time) concluded that no major form of contamination was present on site. For the different types of waste material present, 60% was non acid generator, 40% weekly acid generator and 1% (potential ore) acid generator.

The surface of the property has been reclaimed from all buildings and material. There is a small waist pile of rocks excavated from the decline in 1986-87. Aside that, the small settling pound for the previous operation is mostly filled and could not be of great utility. The land surface over the former development area is covered mostly by scrubs and small trees.

No special permits will be required in order to carry the exploration programme proposed and described in the recommendations. However, prior to any subsequent underground development work, necessary environmental and development permits will be required and could be obtained from the Val d’Or and Rouyn government office.

More information can be obtained by reviewing the 43-101 Technical report prepared in August 2007 by Consultations Géo-logic by clicking here.