A Basin Analysis Approach to VMS Exploration on Woewodski Island

Part 1

Disclaimer

This talk may contain forward-looking statements . . . this stuff is just my personal opinion.

Summary

• VMS Models vs. VMS Reality• We’re looking for another Greens Creek—I’ll

talk about Greens Creek• Evolution and character of VMS basins• Woewodski Island geology and mineral

occurrences• 2008 Exploration • Where we hope to go in 2009

VMS

GOLD

Basalt

Foliatedvolcanic and sediment Argillite

Massivesulfide

Bottom Line

• We have a simple straight-forward target that’s never been tested

• We have some good extensions to explore • If you’re going to use basin analysis in VMS

exploration, your model must include progressive penecontemporaneous deformation

Part 2, 3, etc.

Stay tuned!