The Kemuk Property is centered on a large, strong magnetic anomaly that was identified and drilled in the 1950's by Humble Oil Company in an exploration program designed to discover iron ore. Magnetite in gabbroic rocks was discovered in what is suggested by airborne magnetic surveys to be a large intrusive body. Relogging and sampling of the drill core identified zones of anomalous platinum. The zones are quite broad, with core lengths up to 51 feet with platinum ranging between 30 ppb and 105 ppb.

All drilling took place in a very small area of this buried intrusion.

Overburden cover is extensive. A program of reverse circulation drilling combined with a detailed ground mag survey should result in identification of core drilling targets for platinum deposits. Further relogging and resampling of the core are the first steps to be taken.

*Content provided by Bristol Bay Native Corporation