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Description

Development Project
Development Project

The Onek property ('Keno' spelled backwards) currently contains more than 3.6 million Indicated and 1.5 million Inferred ounces of silver. Exploration drilling in the Onek historical mine area has revealed a distinctly zoned body of mineralization, with high silver grades in the upper portion and high percentages of zinc mineralization at depth, ranging from an average of 11.5% zinc in the Inferred resource to 13.7% zinc in the Indicated resource.

The importance of the Onek deposit is enhanced by its proximity to the Keno District Mill, ease of underground access and the identification of newly defined areas of the deposit with significant silver values. The deposit remains open to the southwest and down-dip. During 2012 a new portal into the deposit was sited and underground development was initiated, to drive 270 meters of development drift to access the silver-rich southwest zone of the deposit.