NORTHWEST TERRITORIES – ALBERTA STAR DEVELOPMENT of Vancouver has completed a technical report on its Port Radium-Echo Bay IOCG property on the east side of Great Bear Lake. The property area includes the past producing Eldorado (uranium-copper-silver) and Echo Bay (silver-copper) mines, the Cross Fault Lake mine (uranium), and broad areas of mine tailings.
Alberta Star says previous production from these underground mines occurred intermittently from 1933-82, yielding in excess of 31 million oz of silver and 15 million lb of U3O8, as well as significant production of radium, copper, cobalt, nickel, lead, zinc and galena. Historic production exploited zones of high grade uranium, silver and copper along narrow vein structures. The overall distribution of mineralization occurs within these prolific structures. There are hundreds of documented copper-cobalt-nickel-gold-silver-uranium occurrences demonstrating the widespread polymetallic and precious metal fertility of the Eldorado and Contact Lake property areas.
The complete technical report may be read at www.SEDAR.com.