Radar

Executive Summary of Mineral Resources

Overview

The Jordan River (King Fissure) deposit, located on the northeastern slopes of Mount Copeland near Revelstoke, British Columbia, contains significant mineral resources. The primary commodities found in this area are zinc, lead, and silver. The deposit is part of the Shuswap Metamorphic Complex and is characterized by stratabound, disseminated, and massive sulphide layers.

Mineral Types, Tonnage, and Grade

1. Main Ore Zone (1991 Estimate)

   • Tonnage: 20,000,000 tonnes
   • Grades:
     • Silver: 100 grams per tonne
     • Lead: 7.5%
     • Zinc: 7.5%

2. South Limb (No. 1 Lode) (1961 Estimate)

   • Tonnage: 2,605,826 tonnes
   • Grades:
     • Silver: 37.7 grams per tonne
     • Lead: 5.1%
     • Zinc: 5.6%

3. Recent Sampling Results

   • Sample 802RGB108:
     • Lead: 8.19%
     • Zinc: 21.46%
     • Silver: 91 grams per tonne (over 1.0 metre)
   • No. 1 Zone Re-sampling (1989):
     • Zinc: 8.5%
     • Lead: 8.2%
     • Silver: 72 grams per tonne (from 18 samples)

Key Mineralized Zones

1. Camp Fault Zone

   • Notable assays:
     • Sample JLR-7: 63.4% lead, 0.132% zinc, 461 grams per tonne silver
     • Sample CF-1: 79.20% lead, 1.22% zinc, 132 grams per tonne silver

2. North West Limb-Lake Zone

   • Notable assays:
     • Sample JLR-11: 25.2% lead, 15.2% zinc, 357 grams per tonne silver
     • Channel Sample (2008): 3.02% lead, 4.23% zinc

3. South Limb-Cliff Zone

   • Notable assays:
     • Sample JLR-14: 19.7% lead, 15.45% zinc, 239 grams per tonne silver
     • Chip Sample CZ-1: 29.80% lead, 25.70% zinc, 324 grams per tonne silver
     • Channel Sample (2008): 9.06% lead, 10.37% zinc, 58 grams per tonne silver

Geological Setting

The deposit is located within a series of gneissic domal structures along the eastern margin of the Shuswap Metamorphic Complex. The mineralized zones are typically less than 1 to 6 metres thick and consist of fine-grained sphalerite, pyrrhotite, galena, and pyrite. The mineralization is syngenetic and exhalative in nature, associated with a Proterozoic to Paleozoic paragneiss assemblage.

Exploration History

Exploration activities in the area date back to the mid-1950s, with significant work including trenching, bulk sampling, drilling, geological mapping, and geophysical surveys conducted over the decades. Recent exploration efforts have been carried out by Silver Phoenix Resources, including airborne and ground electromagnetic surveys and diamond drilling.

References

• BC Geological Survey, Ministry of Energy, Mines and Petroleum Resources, MINFILE Detail Report.
• Assessment Reports and Geological Bulletins referenced in the Minfile Detail Report.