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Baldwin-Porter Property
URSA Major's 100%-owned Porter-Baldwin property (formerly referred to
as the Agnew Lake property) now comprises over 947 claim units (37,880
acres) that cover a 15 km strike length extending from the Shakespeare
deposit towards the Sudbury intrusive complex. During 2004, URSA Major
conducted geological mapping, geophysical surveys including a MEGATEM
airborne electromagnetic (EM) survey and diamond drilling on the
Porter-Baldwin property. This exploration demonstrated that rocks with
similar characteristics and style of mineralization to the Shakespeare
deposit are present on the property. Drilling in early 2005 intersected
minor sulphide mineralization on the property at the same stratigraphic
position as the Shakespeare deposit. The results provide evidence of a
magmatic sulphide target of regional extent. The company is continuing
to map and prospect the property to develop new drill targets.
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