Silver Bell
The Silver Bell property covers most of the high elevation portions of the Glacier Creek mining camp. Potential for discovery of silver-bearing vein mineralization on the property, particularly those areas recently exposed by rapidly retreating icefields, is considered excellent.
Location and Property Status
The Silver Bell property is located 6 kilometres northeast of Stewart, British Columbia, at the headwaters of Glacier Creek. Silver Grail Resources Ltd. and Teuton Resources Corp. own the property jointly (50-50). THe map below shows the location of Silver Grail's Silver Bell property and the surrounding area.
Silver Grail's Silver Bell Property
Mineralization
In 1910 the Glacier Creek mining camp was part of the Bear River mining district, one of the busiest exploration centers in British Columbia and encompassing an area situated within a twenty miles radius of Stewart. At that time the population of Stewart was 10,000 and neighboring Hyder (in Alaska) also had approximately 10,000 inhabitants. All of this activity was aimed at exploration and high-grading of numerous, primarily silver, occurrences, mostly vein deposits. Although several exploration booms followed after the discovery of the Premier (1920’s), Granduc (1960’s) and Eskay Creek mines (1990’s), Stewart has never again boasted a population comparable with this period.
Dozens of known silver-bearing showings are known to occur within and close to the Silver Bell claims Some of these, like the Columbia-Evening Sun vein (now covered by the Silver Bell property) have small resources, e.g., 118,000 tons @ 3.5oz/ton according to the government records (NOTE: these resources were calculated prior to the introduction of National Policy 43-401 and as such cannot be said to conform with the stipulations contained therein). Much higher grade, but smaller deposits, are also known.
Because of the intense ablation (meltback) of snow and icefields at high altitudes throughout the Stewart region, large tracts of virgin ground have come open. These, in particular, represent outstanding targets for prospecting. Several such areas are now exposed in the eastern portions of the Silver Bell claims and are considered excellent prospects for follow-up exploration. Many of the larger discoveries in Stewart over the past forty years, have been discovered as a result of ablation. The Granduc and Red Mountain deposits are the most famous examples.
In early 2006, an Aeroquest helicopter airborne EM-Mag survey was completed over part of the Silver Bell disclosing many anomalous responses. Silver Grail and Teuton Resources are seeking an option partner to finance the next stage of work on this large, promising property.
Drill Results From Clone Property
Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) are pleased to announce receipt of all results from the 2008 drilling on the Clone property. Holes CL08-1 to 4 targeted the “H-1” (Hematite) zone, Holes CL08-5 to 8 targeted the “S-2A” zone, while Holes CL08-9 and 10 were drilled to test a new copper zone found earlier in the program...
read moreClone Core Samples Sent in for Assay
Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) and Teuton Resources Corp. (“Teuton”) (“TUO”:TSX--V; “TFE”-Frankfurt) are pleased to announce that core samples from the first nine of ten holes drilled into their jointly-owned Clone property, located 20km southeast of Stewart, BC, have been sent in for assay. Pioneer Laboratories of Richmond, BC, will be performing the analyses...
read morePrivate Placement
Silver Grail Resources Ltd. (“Silver Grail”) (“SVG”--TSX-V; “KD7”-Frankurt) is pleased to announce a private placement of up to $180,000. Silver Grail plans to raise $180,000 by the sale of 1,200,000 units at $0.15 per unit...
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