Sheslay Valley Area Heating Up It should come a

Sheslay Valley Area Heating Up

It should come as no surprise that all of northwest B.C. is a very hot topic of conversation at the “Roundup” in Vancouver that started yesterday and continues through Thursday…

Information from the B.C. Ministry of Mines web site shows a pick-up in staking activity in the Sheslay Valley area with Romios Gold (RG, TSX-V) also announcing yesterday that it has acquired a 2,800-hectare position…the mineral tenures acquired by Romios, as the company stated, are in two blocks with the northerly claim staked along the southern edge of a long airborne magnetic anomaly and the southerly claim staked over another large circular airborne magnetic anomaly, with both anomalies resembling the geophysical anomaly covered by Doubleview Capital Corp.’s (DBV, TSX-V) Hat property…

Action in the Sheslay Valley is going to continue to intensify in our view given the recent Cu-Au porphyry drilling discovery (widely spaced holes, increasing grades with depth) by Doubleview, excellent results delivered by Prosper Gold Corp. (PGX, TSX-V) last summer and fall at its Sheslay Project, and the highly prospective 175 sq. km Grizzly land package being explored by Garibaldi Resources Corp. (GGI, TSX-V)…also what’s very interesting is the huge 600 sq. km block (the Eagle Property) held by Teck Resources Ltd. (TCK, TSX) contiguous to the southern boundary of the Grizzly…Teck staked that ground in 2011 and has been more active on it than many had believed…assessment and historical reports show intriguing geological and geophysical similarities between the northern half of the Eagle and all the ground held for another 10+ km to the north and northeast by GGI, DBV and PGX where a series of parallel trends strike NW/SE…in short, the possibility of the under-exploited Sheslay Valley turning into another world class B.C. discovery area and future mining camp, as we speculated last year, has to be considered very real, and we’ll be expanding on that theory in the days ahead…