Alaric, British Columbia
Copper

The property consists of 16 claims, comprising 1,403 ha (3,089 acres), located approximately 35 km west of Summerland. A number of porphyry deposits, including the former Brenda Mine, are associated with the Pennask Batholith, which underlies the property. In addition, an elongate Cu-in-soil anomaly extends northwest from the Isintok property toward the Alaric property. On the basis of these results, the Alaric property is believed to have potential for identification of porphyry style mineralization.

In 2006, a Fugro Airborne Surveys geophysical survey was completed on the property so as to evaluate the entire property for porphyry potential. The results are similar to those of the Isintok survey in that there are linear resistivity anomalies interpreted to be faults and/or alteration zones, having similar orientations to those identified on the Isintok property. In addition, there are elongate to elliptical, broadly coincident resistivity, magnetic and radiometric anomalies, interpreted to be pristine to weakly altered intrusive lithologies.

In contract to the airborne geophysical data, the results of a preliminary soil / silt sampling program did not return significantly anomalous analytical results. A total of 404 soil and 5 silt samples were recovered from within or immediately adjacent to the property. Spotty metal values were documented for gold (less than 16 ppb) copper (less than 30 ppm) and molybdenum (less than 10 ppm). When compared to geochemical results returned from the Isintok property, those from the Alaric are disappointing. However, possible differences in erosion levels, different host rocks (with correspondingly background metal values) and other factors must be considered. Given similarities in the airborne results, a series of exploratory drill holes have been tentatively proposed. In addition, given the apparent success of the IP survey on the adjacent Isintok property, a similar survey is being considered to test one (or more) of the anomalies on the Alaric property.

In addition, limited production of dimension stone (under the trade name Pacific Rose) has been reported from the property for use as flooring tile and outside facing on the Jack Davis Building in Victoria. Consideration is being given to further evaluation of the potential for dimension stone from the property.

Jasper Mining Corporation, trading symbol: JSP

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