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Bowser Creek Alaska Win Group of Claims—Silver/Zinc Prospect of Merit |
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For two different types of virtual video tours of this Alaska silver prospect and complete printable documentation go to: Property-Prospect-Showcase.com (a larger video screen) and SilverMiningClaims.com (smaller but different video). |
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The Bowser Creek Alaska Win Group of Claims in the Alaska Range is a “company making” silver, zinc, copper, lead prospect of merit that has large amounts of outside professional and governmental documentation. This block of mineral claims has recently been expanded to include 6600 acres. The, on the surface ready to mine values, and the minimum results expected to be proven by a proposed drill program are of this date: |
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This prospect has for years slowly been building documentation to the point that the silver values would logically require a drill program (already laid out by one of Vancouver, B.C. leading economic geologists, William Sharp ) to prove that the mineral continues to a deep depth for economy of scale when it comes to mining. There are currently 4 major mining companies exploring for silver in the same region as this property and as such, the region may be a candidate for the Alaskan “Roads To Resources” act. (See the article on this act at AlaskaMining.com). The only negatives ever voiced by those who visited the property has been it's remote location, and the artificially controlled price of silver that high, or low, have contributed to an illusion of the silver spreadsheet values backing the value of electronically recorded "mining" stock certificate values — a poor replacement of silver dollars that were only flipped to call out a pre-binary yes, or no. The owner has always presented the Win Group as a prospect, willing to gamble dollar for dollar the nearly $3 million which has been spent on, or for the behalf of, of furthering the project to the point of drilling, by entering in a joint venture leveraged contract where the company doing the drilling earned an ownership position by actually performing, putting money into the ground instead of into the pockets of successfully investor relationship firms. As the price of silver has been steadily raising since 2004 to today's value it has become fairly obvious this property has withstood a test of time since Homestake Mining was in a horse race with a number of large Canadian exploration majors and Anaconda to stake open ground in the area— and that the timing is right for the owner to actually get some return on his investment of half a lifetime. What the spreadsheet above really shows is perhaps that the documentation done in 1969, especially geologist's James Orr proposal to explore by actual mining the Win claims shows, that with the raise in value of base minerals, overriding futures controlled prices for "associated" silver — and at a time the CFTC has allowed a 150 million ounces shortfall in silver stocks identifiable aboveground— that in truth this property is already a proven economic zinc mine. Or even, perhaps, a lead mine! There has always been a potential of small scale highgrading veins on this property for the 300 ounce silver that may needed to enrich a much larger open pit operation. But, as the value and best use calculations of five impeccably documented veins by James Orr Office of Mineral Exploration proposal of using an underground adit as an exploration tool, has changed with zinc values have outpaced silver,and that lead, once a penalty mineral not worth the air freight to ship. Add the surface copper values and one "biz plan" could point out the possibility, with good management, that Professor Orr, who taught Economic Geology in the later years of his career, was right. To explain the U.S. Department of Mineral Exploration Application, which was 75-percent government funding, matching a Alaskamin Company's contribution of 25-percent, in the form of a forgivable loan (paid back at 5-percent out of production if successful; written off if not), which was not taken advantage of as no major stockholder wanted to dilute his interest raising hard money to make the soft happen. This "giveaway" project dated from a time when the U.S. stockpiled strategic minerals, and set a price for gold so that it wasn't pegged (peak for overlaid peak) to the fluctuations of foreign oil. This was before Congress somehow allowed the U.S. Bureau of Mines to be dismantled (they are working on funding/power cuts for the U.S. Geological Survey) and China was allowed to purchase one of the "Big Six" iron ore properties that was of strategic value to the U.S. in WWII. Yes, the Chinese are good miners. Yes, they are good businessmen as American management will find when their golden parachute positions are replaced with China finalizing their long term positions on a day-traded Wall Street. The increase of values for silver, zinc, lead, copper, on the unchanged mineral assays could pay for the actual mining and milling of this known, on the surface, ore. Plus providing bootstrap financing for continued drill exploration of the "new" material associated with the "second intrusive," and provide cash needed to buy the 68-year old claim owner out. He realizes that just putting up two claims of the S-1 Zone as collateral should be sufficient to fund production by exploration right away, but he admits that backpacking bulk samples, at 5,000 elevation, is no longer the fun it used to be. At the time of this writing (June 21, 2007) the property is snow free and open for due diligence examination. There is an airstrip on the property and 2 log cabins. As these are State of Alaska mineral claims, the permitting and mining procedures regulations (especially for an adit, over an open pit) are much easier than Federal claims. The State of Alaska has a record of working towards mining exploration, and have cost repay incentive, once the claims come into production. |
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Contact: Barry Murray / 503-753-5868 E-Mail: macandmurray@mac.com |
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/ Table of Contents-Sitemap / Who We Are/How This Works / Contact Us / Thank You Arthur Anderson / / Full Disclosure/Disclaimer / White Paper on Patenting Mining Claims / Tech Help / Library / Links / / A Lease/Purchase Proposal For An Alaska Silver Property of Merit / / Nepheline Syenite Bootstrap Production Opportunity (Swiss Army Knife of Industrial Metals) / |
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