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This property is located in the Table Mountain Mining District, Churchill County, Nevada. Exploration dates back to 1861 when several wagon loads of rich copper sulphides and oxides were taken from the Property. Exploration consisting of shaft sinking and drifting was completed on an area of the Property. In 1911, Carpenter writing in the Mining and Scientific Press Volume 103, pp. 804 – 805 described the general setting of the mineralization as follows.
“The copper ores occur near the contact of andesite porphyry flow, overlain by an earlier mass of strongly faulted green andesite. The main work on Treasure Box Hill was done in a bed of copper bearing andesite about 100 feet thick. The contact dips about 20 degrees northwest. The ore is chiefly chalcopyrite disseminated through the green andesite and according to Carpenter, the lower 30 feet of the bed average 5% copper and US$1 in gold with a trace of silver. In places just above the contact small, iron capped veins occur in the green andesite and the andesite porphyry. When followed downward, these veins lead to massive chalcocite disseminated in a gangue of breccia, and pieces of pure black sulphide as large as a man’s hand have been found occasionally. Massive bornite, tenorite, and cuprite also occur mixed with the two carbonates malachite and azurite, making small deposits of rich ore. Development by the Boyer Copper Mines Co. exposed a block of ore 200 feet long, 100 feet wide and 500 feet deep measured on the dip, containing 1.7% copper and about US$0.70 in gold per ton.”
and
“About a mile of the contact is included within the limits of the Property, and throughout this distance it is possible to find ore in the altered zone in the melaphyre below the contact. At three other places besides on Treasure Box Hill the surface indications are promising, and in fact, at few of the well known copper properties of the West are the outcrops of copper-bearing rocks more extensive. Large masses of carbonate ore exist assaying about 1.5% copper, and in places it is much richer.”
Description and Land Status:
This property consists of patented and public lands covering approximately 1,350 acres. Boxxer has a two-year option to purchase 100% of the Property under the following terms and conditions.
A) Boxxer has paid the first cash payment of US$50,000 and has extended its option to purchase the Property by December 31, 2008.
B) Boxxer has made the second cash payment of $US50,000 to extend its option to purchase by December 31, 2008. If Boxxer exercises its option to purchase on or before December 31, 2008, it would be required to make a cash payment of US$500,000. |
