Carib Creek & Beavertrap Lake

184 mining claim cells covering approx. 39sqkm in the Winston Lake Greenstone Belt.

Geology & Mineralisation

Multiple high priority airborne mag and EM conductors exist within the property that have never been drill tested and may relate to the volcanic stratigraphy that hosts both base metal and gold mineralization to the south and east. Golden Share Resources prospecting and sampling identified 400m strike length in the Sandridge-Carib Lake area reporting more than 7% sulphides and quartz veins and stockworks with up to 20% pyrite on a series of outcrops. The exact width of this zone is undetermined at present but it correlates well with an extensive airborne geophysical anomaly that extends eastward through the north end of the Carib Creek property. Reconnaissance prospecting over one anomaly in the SW area of Carib Creek located quartz veins assaying up to 0.54% Pb, 0.32g/t Au – no follow-up

The properties are considered prospective for VMS being adjacent to Metallum Zinc Resources Superior Lake Zinc Project which contains a VMS style high-grade zinc deposit. The deposit consists of the historic Winston Lake and Pick Lake mines with a JORC Resource of 2.35 Mt @ 17.7% Zn, 0.9% Cu, 0.38 g/t Au & 34 g/t Ag and a Probable Ore Reserve of 1.96Mt @ 13.9% Zn, 0.6%Cu, 0.2g/t Au & 26.2g/t Ag – the second highest Zn-Cu grade mines globally. Metallum are actively exploring intending to put the deposit back into production in the near term.

The Carib Creek property is also adjacent to CBLT’s Coco-Estelle Deposit, which hosts a small, high-grade gold resource. Drilling in 2017 returned a 44m interval of 1.65g/t Au.

Next Steps