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• • Mobil yjpment Includes • A Longyeaz 44 core rig with all ancillary equipment. • A lazge water truck. • A Cat D-8. • A rubber fire 3 yazd loader. • A road grader. History Historic records indicate that mines of Caribou Hill produced more than 20,000,000 ounces of silver and an unrecorded amount of gold, lead, zinc and copper between discovery in 1869 and 1955. An additional 200,000 ounces of gold, or more, was produced from the Boulder County mine. The project area has been designated a historic mining district preserving the right to mine. Between 1977 and 1985, small scale exploration and development mining in the Cross mine produced 5,000 ounces of gold, 225,000 ounces of silver, and several hundred thousands pounds of lead, zinc and copper. During the same period, 200,000 ounces of silver was produced from the Caribou mine. Mining in the district reached a maximum depth of 1,200 feet on the No Name vein in the Caribou Mine. The No Name vein which was mined for a maximum strike length of 670 feet has been recently traced for a strike length of more then 3,000 feet and is only one of several targets for large new resources. ologjcal Settie¢ The project is situated in the northeast trending Colorado Mineral Belt which include;; all of the major mining districts except the uranium districts of southwestern Colorado and a few mining districts associated with isolated volcanic centers. In the project area metamorphic rocks of Precambrian age aze intruded by Tertiary rocks, predominately monzonite in character. Gold and silver rich vein structures occur in both rock types (see attached Geology map). A system of northeast striking veins which cut east-west striking veins has been the source of past gold and silver production on the project. Of greatest length are the northeast trending veins which parallel the.Colorado Mineral Belt and follow an ancient zone of structural weirlaress. The northeast striking No Name vein and the recently discovered Canbou Pazk breccia zone are mineralized sheaz components of the Colorado Mineral belt with strike slip movement. Both the No Name and Caribou Pazk zone were probably conduits for fluids which mineralized numerous east-west striking veins and the Pegmatite Reef zone (see attached Veins map). In the vein systems, late phase gold mineralization over prints earlier mesothermal silver, lead, zinc, and copper mineralization. A deep-test core hole documents strong gold mineralization persisting 2,000 feet below the surface. 2.