The company will be using drilling results from 2006 and 2007 to update the resource calculation on the property, complete the pre-feasibility study, and make a production decision for an operation with an annual production of up to 100 000 oz of gold. Dynamite Resources Ltd. explored the Mike Lake property, which covers a number of intrusiverelated gold targets associated with Cretaceous Tombstone Suite intrusive stocks, dykes and sills.
La zone Nucleus se compose de filons-couches de granodiorite crétacés qui pénètrent dans des roches métasédimentaires, elles-mêmes traversées par des dykes de porphyre quartzo-feldspathique plus récents.