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Eureka Resources (TSXV:EUK) has commenced exploration on TAK property, Yukon. The property is located in the heart of the very active Dawson Range gold belt, approximately 120 kilometres southeast of Dawson City, and consists of 82 mining claims (1,695 hectares).
Eureka Resources (TSXV:EUK) has commenced exploration on TAK property, Yukon. The property is located in the heart of the very active Dawson Range gold belt, approximately 120 kilometres southeast of Dawson City, and consists of 82 mining claims (1,695 hectares).
Michael Sweatman, Eureka’s president and chief executive officer, stated, “This initial program, which will be comprised of a ground magnetic survey and a VLF (very low frequency) electromagnetic survey, is the first step of exploration on the TAK property, one of our recently acquired Yukon properties.”
The work will be performed and directed by Aurora Geosciences of Whitehorse. The data obtained from the surveys will provide Eureka with valuable information to assist in the development of a phase 2 exploration plan for TAK. Since acquiring TAK, the company’s technical group has commenced a review of all the historical data acquired as part of the transaction. Eureka plans to integrate the historical data with the 2017 geophysical results in order to prioritize target areas on the property. The company has begun the permitting process for a spring/summer exploration program on the TAK property.
About Eureka Resources Inc.
Eureka’s Luxor property consists of three non-contiguous claim blocks totalling 360 mining claims (approximately 7,000 hectares). Luxor is located in the Dawson Range gold belt, a district of major porphyry, breccia and vein occurrences. Neighbouring properties include the Coffee deposit recently acquired by Goldcorp and Western Copper’s Casino deposit.
Eureka’s TAK property is located in the Dawson Range gold belt and consists of 82 mining claims (1,695 hectares).
Kristian Whitehead, PGeo, and John Kerr, PEng, are the company’s designated qualified persons for this news release within the meaning of National Instrument 43-101 and have reviewed and approved the technical information described in this news release.
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