Shoreham Resources Ltd.
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A Canadian based exploaration company currently focused on exploration and development of precious metal and polymetallic deposits in Canada. The company has the right to earn 80% of the Borland Lake - Favourable Lake Silver - base metals and Molybdenite projects and is currently developing other assets in Canada. The companyu plans to spend $300,000 in a sequenced exploration program including airborne and ground geophysics, prospecting, mapping and diamond drilling. The target objectives are a high grade stratabound silver - base metals deposit and a very large disseminated molybdenum deposit located in Northwestern Ontario.
Two Main Targets (Earning an 80% interest):
Borland Lake Silver Deposit:
21 year exploration history
Measured and Indicated Resources Estimated at 0.5 M tons of 8.09 oz/ton silver and 0.02 oz/ton gold
Favourable Lake Prospect:
Located 7km SE from Borland Lake Silver Deposit
Previous Sampling over 1.2 km strike length returned grades of:
3396 to 6802 b/t Silver, 18.57 to 44.74% Lead, >1% Zinc & Copper
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