Canada Bay Resources Ltd - Kitco
Canada Bay Resources Ltd - Kitco
Canada Bay Resources Ltd - Kitco
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2011<br />
<strong>Canada</strong> <strong>Bay</strong> <strong>Resources</strong> <strong>Ltd</strong><br />
JoDon Discovery St. Juliens<br />
<strong>Canada</strong> <strong>Bay</strong> <strong>Resources</strong> <strong>Ltd</strong><br />
August 03 2011<br />
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Announcement<br />
The JoDon discovery was made late afternoon on August 03 2011. The JoDon discovery appears to be<br />
one of the most intense hydrothermally emplaced copper bearing discoveries ever made at the St.<br />
Juliens project. It is considered more significant because while there have been numerous excellent<br />
discoveries made on the property, some of which grade up to 22.5% copper, the new JoDon discovery is<br />
both more intense, larger in width and has a radically different strike direction than all the numerous<br />
high grade mineralized areas found to date.<br />
Upon making this exceptional new discovery and because of the obvious concentration of chalcopyrite<br />
(Copper Ore) exposed near surface in this scale, the entire field crew has been temporarily re-directed<br />
from other work to focus on this showing and make a team effort to expose the extent of this new<br />
discovery. We have encountered ultra high grade occurrences in the past that are similar to this, but not<br />
in the same vicinity. This new occurrence extends the known and documented zone of high grade zones<br />
by an impressive order of magnitude.<br />
While the full extent or grade of this discovery is not yet fully documented, it is however already proving<br />
to be well above the best discovery expectations we anticipated to make this year prior to the drilling<br />
program that we recently started.<br />
How It Happened<br />
Field crew members Don McGrath and Joe Freeman where taking a break from a hard day of<br />
overburden stripping at the Copper Cod prospect and were having coffee and discussions with the rest<br />
of the crew at the camp station onsite.<br />
During the break they decided to have a walk around and being the prospectors that they are, they<br />
started having a look at the ground and breaking surface rocks as they went. The tide (sea) was very low<br />
that day allowing them to walk in areas along the tidal zone that isn’t usually accessible. The boys<br />
walked along the shoreline in an area about 120 meters south of first drilling setup, chipping and looking<br />
at rocks as they went.<br />
After cracking on a bunch of rocks Don and Joe came to an area on a small peninsula south of the<br />
original Copper Cod showing and north of the M Cove prospect. After making a series of early scratches<br />
on the kelp and barnacle covered rocks, the boys became ecstatic once they realized that they could see<br />
mineralization just less than a centimetre under the surface in one of their chips. At that point they<br />
called for the rest of the crew and for the diamond cutting saw. With that chip they made a remarkable<br />
discovery. The rest of their spectacular discovery is documented in the pictures below.<br />
As a result of their interest and constant attention to prospecting, Don and Joe have made one of the<br />
most promising discoveries to date on the property. We can only thank them and the entire crew for<br />
their hard work and dedication and we also express our commitment to work and to share the<br />
enjoyment with them. New discovery though team work is a fundamental goal of our company.<br />
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