Woman Lake North of South Bay Property  

QUICK FACTS

Location – These claims are located near Woman Lake in Goodall Township, Red Lake Mining District, Ontario which is approximately 50 kilometres east-north-east of the town of Ear Falls, Ontario. These claims are 3 kilometres north of the South Bay Mine and about 5 kilometres north of the Bobjo Mine.

Number of Claims & Acres – 90 claim units for 3,600 acres

Exploration Target – Gold

Ownership Interests – 50 % Mainstream Minerals Corporation and 50 % King’s Bay Gold Corporation

Operator – Mainstream Minerals Corporation

PROPERTY DESCRIPTION & EXPLORATION

On February 20th, 2007, the Corporation and King’s Bay Gold Corporation as 50 / 50 joint-venture partners announced the acquisition by way of staking of 90 claim units (3,600 acres) near Woman Lake in Goodall Township, Red Lake Mining District, Ontario. This new property was staked on its geological merits after a thorough review of historical data on the area from the government assessment files. Many gold-bearing quartz veins, stringers and shear zones are known to exist on this prospect. The setting is deemed exceptionally favorable and has not been systematically explored using the new technologies. These claims are located about 3 kilometres north of the South Bay Mine which once produced approximately 1.6 million tons of 1.5 % copper and 10.0 % zinc. It is also located about 5 kilometres north of the Bobjo Mine project. Along with the Bobjo Mine project, the joint-venture partners now own a total of 349 claim units (13,960 acres) in the area. There are six past producing gold operations within a 12 kilometre radius of these claims as well as numerous gold occurrences that are documented in geological reports and government publications.