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HARLAN
Alexco and its subsidiaries own 100% of the 1,500-hectare Harlan property, located in the Mayo Mining District and accessible by helicopter from the North Canol Road and the village of Ross River. A 10-day field program undertaken to advance the property in August 2006 consisted of geologic mapping, soil sampling and ground magnetic surveying over a 2-square kilometer area. The property covers a broad area of strongly silicified and variably clay-altered sedimentary rocks intruded by sills and dikes of quartz-feldspar porphyries, similar to those seen at Brewery Creek.
Soil, talus fines and rock samples taken in 2006 show anomalous gold values throughout the area, with elevated gold contents associated with more intense silicification and clay alteration. Rock samples returned values to a maximum of 4.25 g/t gold and soil samples returned values to a maximum of 1.69 g/t gold.
A ground magnetic survey of the property shows that high-grade samples appear to be related to a structural break between the more highly magnetic intrusive sills and silicification and lower magnetic susceptibilities. Future plans for exploration include systematic detailed mapping and soil sampling to refine target areas in preparation for a first-pass drilling program.
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