BULAKASHU PROPERTY

The Bulakashu Property covers approximately 240 square kilometres of the Bulakasheen Mining District in the Chui Oblast, Panfilov Region of the Republic of Kyrgyzstan. The Bulakasheen Mining District represents a highly mineralized but relatively unexplored area of the Kyrgyz Kungey mineral belt, one of the major mineralized belts of Kyrgyzstan.

The property is easily reached by driving on good quality paved roads 120 kilometres southwest of Bishkek. The eastern edge of the property is traversed by a major paved transportation route, highway M41, and a 35 Kilovolt power line. Kara Balta is 60 km to the north and is the closest large city and railhead. Kara Balta also has an excellent assay lab and a bullion refinery. Elevation on the property ranges from 2,500m to 3,800m. Snow may come as early as November and stay on the ground, at the lower elevations, until May.

The Bulakasheen Mining District lies within the Northern Tien Shan geologic province., proximal to the Kyrgyz-Kungey mineral belt. Gold and copper-gold deposits occur along the belt from the NW corner of the country extending for some 350 km to the east. Within the Kyrgyz-Kungey belt, gold occurs in veins and vein/stockwork combinations in complex structural settings. Copper-gold deposits within the belt occur as porphyry type mineralization, similar to other such deposits in island arc settings.

Stratigraphy on the Bulakashu Property consists of a series of intensely deformed Ordovician to Devonian sedimentary and volcanic rocks. The volcano-sedimentary sequence is sandwiched between two large granitic intrusives, one on the north border of the property and the other on the southern border. Rocks within the volcano-sedimentary block have a roughly east- west strike and are cut by the east-west striking Karakol fault system.

Gold mineralization occurs predominately along the northern contact zone of the southern intrusive. Copper mineralization occurs predominately along the southern contact zone of the northern intrusive. Gold mineralization occurs in volcanic and sedimentary rocks as linear zones of veins and stockworks with lengths in hundreds of meters and widths in tens to over a hundred meters. Gold mineralization may be, in part, controlled by thrust faults. Copper-gold mineralization occurs in linear zones of a larger scale than the gold mineralization and is associated with granitic rocks. The Karakol fault appears to have some control on the copper mineralization.

There are three predominant styles of gold mineralization in the district;

Gold in vein/stockworks
Gold-Copper Porphyry Systems
Alluvial Gold/Placers

Within the Property boundary, there are a total of 24 known major prospects, 9 porphyry Cu-Au, 10 gold vein/stockwork and 5 gold placers.

Photo Gallery

Click to enlarge each photo

Dozer at Upper Severny	Iron stained zone in porphyry Cu/Au belt.
Anatoly, in yellow parka, and staff standing on the newly discovered mineralized zone at the Otradny prospect.	New road at Severny
Otradny	Heavy limonite stain after pyrite in andesite at the Otradny prospect.
Quartz stockworks with fine pyrite, site of two samples that assayed 41.0 and 170.0 g/T Au.	Severny Outcrop
Vicka and Anton on ridge near the Severny mineralized zone.