The KUY Property is an epithermal gold-silver target, is located southwest of the village of Kokhanok in rocks of the Talkeetna Arc. Gold-silver telluride mineralization has been discovered at the site. Historic grab samples, collected during the 1980's by previous operators, of vuggy quartz veins hosted by dacite breccia are reported to contain up to 56 oz/ton gold and 163 oz/ton silver, along with anomalous copper, lead, and zinc. The majority of work at KUY was conducted in the late 1970's and early 1980's.
Ground magnetics, VLF, and IP have been used successfully to locate mineralization, alteration zones, and fault zones. Soil sampling identified anomalous gold, silver, copper, lead, and zinc. A limited 1,200-foot drilling program failed to intercept high-grade mineralization. The property geology indicates that a caldera rim-related epithermal system or a porphyry system may be present. The prospect is located on or near the lower Jurassic Talkeetna Formation, which has been shown to be chemically and temporally analogous to the Hazelton Formation in British Columbia, which hosts the Eskay Deposit.

Exploration carried out to date has identified exceptionally high grade gold mineralization in a variety of locations. A comprehensive exploration program is required to evaluate the potential of this prospect. Surrounding lands have not been evaluated.

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