Focusing on Three Major Gold Projects
And One Base Metal Property
Copper Reef Mining Corporation, based in Flin Flon, Manitoba, holds polymetallic base metal, gold and diamond exploration properties throughout the Lynn Lake, Snow Lake and Flin Flon Greenstone Belts in Manitoba and Saskatchewan. Copper Reef is developing new targets in the Flin Flon Belt where it holds the second largest claim base next to that of Hudbay. Copper Reef holds a number of Cu-Zn-Ag-Au deposits and has developed new targets in the Albert's Lake Area, 20 km East of Hudbay's Flin Flon Mill and Processing Plant. These base metal properties are available for option with deals in the works. This year Copper Reef has concentrated on its gold properties.
CSE CANADIAN NATIONAL CZC Issued and Outstanding 141,981,300
STOCK EXCHANGE Fully Diluted 170,333,300
Copper Reef holds five primarily gold properties, two of which are inactive. The three active projects include; the Gold Rock and North Star Projects in the Snow Lake Camp and the Otter Lake Property on the Gurney --Century Gold Mine Trend and the Alberts Lake Property both in the Main Flin Flon Camp, Currently Copper Reef is concentrating mainly on its high grade Gold Rock Group.
The North Star Gold Property is located 36 km west of Snow Lake, Manitoba. At both the North Star and Gold Rock properties gold mineralization is hosted in gabbro within a typical Proterozoic shear zone system. Gold-rich quartz veins are within an extensional structural domain and weak mineralization occurs along a contractional domain.
Gold Rock Property is 800 meters northeast of the
North Star Property. Selected Drill holes from Gold
Rock 2010 Winter Drilling are listed in the Table Below:
The Alberts Lake Gold Property
The Alberts Lake 2011 drilling program completed its objectives of testing the Gold Shear Zone. Copper Reef Mining Corporation drilled four twin drill holes on the Albert's Lake gold zone. Previous non 43-101 resources by Granges outlined approximately 400,000 tonnes of 7.5 g gold.
The Otter/Twin Lake Property
The Otter Lake Gold group of claims is located 6 km northwest of the town of Cranberry Portage and 20 km south of Flin Flon, Manitoba. It consists of three main quartz veins carrying up to 3.33 ounces of Au and 13.9 ounces of Ag.
Grab Samples from the Parres Gold Vein.
Copper Reef Mining Corporation has an underlying royalty of $0.75/t from Foran's McIlvenna Bay Deposit (currently with estimated resource estimate of 16.3 million tonnes grading 1.82% CuEq in the indicated category and a further 13.1 million tonnes grading 1.87% CuEq in the inferred category, both at a $45 (U.S.) per tonne NSR cut-off.) and a 2% NSR on the Bigstone copper deposit (historic estimate 3.75mt grading 2.03% Cu at a 1% Cu cut-off) , the Balsam deposit, the Hanson property, the Sam property and the Comeback property.
Copper Reef's 100% owned Hanson Lake Property is on strike with the McIlvenna Deposit and is the site of the past producing Hanson Lake Mine (production 147,000 tons grading 10% Zn, 5.8% Pb, 0.5% Cu and 137 g/t Ag).
Copper Reef also holds royalties in Callinex's Pine Bay, Cabin Zone and Sourdough deposits in the Flin Flon Greenstone Belt and any new discoveries.
More information on any of the active projects can be found at our website. www.copperreefmining.com.
Directors and Officers
|Address||12 Mitchell Road, PO Box 306
Flin, Flon Manitoba R8A 1N1
|Robert N. Granger, Q.C.||Chairman & Director|
|Phone||204-687-3500||Stephen Masson, MSC., P. Geo||Pres., CEO & Director|
|Fax||204-687-4762||David W. Kendall, FCA||CFO & Treasurer|
|William J. Jackson, B.A.Sc||Director|
|Listing Date||Friday, February 22, 2008||William J. Phillips||Director|
|URL||www.copperreefmining.com||Warren R. Bates, P. Geo||Director|
|Solicitors||Taylor McCaffrey LLP in Winnipeg||Laara Shaffer||Corporate Secretary|
|Auditors||McGovern, Hurley, Cunningham LLP, in Toronto|
|Transfer Agent||Equity Transfer and Trust Co,
|Shares Issued and Outstanding
in Flin Flon MB