NI 43-101 Compliant Technical Report
372,900 ounces Indicated & 321,800 ounces Inferred of Gold At A Cut Off Grade Of 2.0 G Gold Per Tonne
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Ontex Resources Limited > Message
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Brookbank Deposit-note.....Beardmore-Geraldton-Onaman=same as KXL

Posted by: ivan6000 on December 27, 2007 06:57AM

HIGHLIGHTS

  • Over 4.1 million ounces of gold produced out of the Beardmore-Geraldton and Tashota-Onaman greenstone belts since mid 1930’s.
  • Brookbank Gold Deposit: 1.2 million tonnes Indicated & Inferred gold resource grading 10.4 g/t & containing 412,000 oz gold(4.5 g Au / t cut-off).
  • One of the largest undeveloped resource properties in northern Ontario, if not in Canada.

OUR COMMENTARY

Ontex’s flagship project THE BROOKBANK GOLD DEPOSIT is situated in the heart of the prolific Beardmore-Geraldton Greenstone Belt in northern Ontario. The property has good potential to find additional gold resources along the 35 kilometers of strike length of favorable geology, alteration and structure. Ontex is focused on making this property into a gold producer. The property covers approximately 684 mining leases and staked claims and is located 175 km northeast of Thunder Bay, Ontario, Canada. The property has been under explored and the potential exists to find more significant mineralization that could be developed into a gold mine.

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Executive Address
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Armen Chilian
V.P. Exploration
August 12, 2008

V.P. Exploration Dicusscus Current 8000 m Drill Program

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