Silver Quest Resources Ltd. (CVE:SQI) enters into an option agreement with Paget Minerals Corp. to acquire a 100% interest in eight mineral tenures.
Silver Quest Resources Ltd. (TSXV:SQI) enters into an option agreement with Paget Minerals Corp. to acquire a 100% interest in eight mineral tenures, Buck claims.
The press release is quoted as saying:
The Buck claims, located 9 km northwest of the Silver Quest/Richfield Ventures Davidson project, are contiguous on the east of, and will be incorporated into the Company’s Capoose project located approximately 185 km southwest of Prince George, British Columbia. Historical records (Blackstone Resources Inc. 1996) indicate a 4 m drill intersection from 394.0 m to 398.0 m in drill hole BCK96-01 that averaged 1.29 grams per tonne (g/t) gold, 23.3 g/t silver and 0.11% copper. Mineralization is associated with chalcopyrite-pyrite-quartz-chlorite veinlets similar to those seen at Capoose.