About Jayden Resources
Jayden Resources is a Canadian exploration company with an advanced-stage, gold-silver NI 43-101 resource on its Silver Coin property in the Stewart Camp, northern BC – an emerging major metals district that includes the historic Silbak-Premier Mine and Barrick Gold's famed Eskay Creek Mine. At Silver Coin, excellent exploration potential remains to the northwest of the existing resource.
2011 Drill Program
The Company completed 17,468 meters of new drilling in 109 holes at Silver Coin during 2011. This infill program along with a modest level of step-out drilling was designed to add overall resources to the project while upgrading inferred ounces. The Company will use the results from the 2011 drill program to update the Silver Coin resource with the intention of bringing the project to positive prefeasibility.
Silver Coin Project: Overview
Silver Coin is an advanced-stage, gold-silver property located 25 kilometers north of Stewart, British Columbia in a region of multiple new discoveries. The property holds outstanding exploration potential, good road access, a deepwater seaport, and excellent nearby infrastructure. The site covers a net area of approximately 1,470 hectares and features a zone of faulting and shearing with accompanying mineralization up to 300 meters wide that has been traced for 2.5 kilometers. Drilling by Jayden Resources in 2010 and 2011 has reconfirmed the important high-grade gold component of Silver Coin. Mineralization is characterized as epithermal to mesothermal gold-silver with sulfide-bearing breccias and veins similar to those mined at the Silbak-Premier Mine, located 3.5 kilometers to the south. Over its mine life, Silbak-Premier produced approximately 2 million ounces gold and 43 million ounces silver.