The Carol Project
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Map of Carol Project, Mexico

Click here to see pictures from recent sampling program

The Carol property consists of six mining claims that cover 758.14 hecares and is located 20 km north of the city of Alamos in the state of Sonora, northern Mexico.

The Carol property is approximately 5km north of Frontera Copper Corp.'s Piedras Verdes copper mine that has a reported proven and probable reserve of 191 million tonnes grading 0.36% copper and is currently producing 70 million pounds of grade "A" copper per year. With the proximity of the Piedras Verdes mine, the Carol property has excellent infrastructure and there is road access to the core of the property.

Recent Exploration at the Carol property has shown that the property is host to two skarn zones: Balde South and Balde North. The Balde South measures approximately 1,100 metres long and 400 metres wide while the Balde North, located 800 metres away, has been defined over an area approximately 300 metres by 800 metres.

1 - The Balde South skarn zone- 2007 Trenching Program

Within the Balde South skarn mapping and sampling has identified two key zones with visible copper oxide mineralization. The first is approximately 30 by 30 metres and contains several small exploratory workings. Sampling in this area (samples 23-25) returned a weighted average of 1.73 % Cu, 3.13 % Zn, 11.99 g/t Ag, and 0.21 g/t Au over an average width of 5.33 metres.

500 metres to the south - still within the Balde South skarn - the second area measures approximately 300 metres by 200 metres and widespread sampling (samples 27-32) returned a weighted average of 1.54 % Cu, 0.55 % Zn, 10.39 g/t Ag, and 0.35 g/t Au from six samples over an average width of 2.9 metres.

The potential for the Balde South skarn to be much larger is demonstrated by sample 33, located some 300 to the east, which graded of 1.73 % Cu, 13.65 % Zn, 0.77 g/t Au, and 7.47 g/t Ag over 4.0 metres.

Below are the full results from the recent sampling program:

      Cu Zn Au Ag
Sample Target Width % % g/t g/t
             
23 Balde South 8.0 1.62 4.13 0.24 10.0
24 Balde South 6.0 1.65 2.65 0.12 18.0
25 Balde South 2.0 2.43 0.54 0.33 1.9
26 Balde South 4.0 0.64 0.61 0.09 4.5
27 Balde South 2.0 3.27 0.07 0.06 5.9
28 Balde South 2.0 1.68 0.34 0.40 20.7
29 Balde South 3.0 2.31 0.78 0.10 24.2
30 Balde South 2.0 2.16 2.65 0.53 6.3
31 Balde South 2.5 0.39 0.21 0.19 9.2
32 Balde South 6.0 0.79 0.12 0.56 3.4
33 Balde South 4.0 1.73 13.65 0.77 22.4
             
34 Escondida shear 6.0 2.13 0.74 2.26 51.6
             
35 Balde North 4.0 0.67 2.71 0.10 4.7
36 Balde North 2.0 1.13 0.04 0.07 3.6
37 Balde North 1.0 0.91 5.77 0.13 6.0

2 - The Balde North skarn zone- 2007 Trenching Program

Sampling within the centre of the Balde North skarn over an area approximately 50 metres by 25 metres returned a weighted average of 0.84 % Cu, 2.38 % Zn, 0.10 g/t Au and 4.57 g/t Ag over an average sample width of 2.3 metres.

Within the Balde North skarn is the Escondida shear zone from which a sample averaged 2.13 % Cu, 0.74 % Zn, 2.26 g/t Au, and 51.6 g/t Ag over 6.0 metres.

Ongoing Exploration

Ongoing exploration at the Carol property will consist of widespread trenching through the mineralized areas in order to define drill targets.

The Deal

To earn 100% Yale must make cash payments totalling US $250,000 over a 3 year period. The vendor will retain a 3% NSR, which can be fully bought out for US $750,000.  
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