Gold Reach Resources Ltd. (GRV.VN)

Gold Reach Resources (TSX-V: GRV) is a well funded Canadian-based mineral exploration and development company focused on advancing its large Ootsa Cu-Au porphyry deposit in British Columbia, Canada.

Ootsa Property

Introduction

Gold Reach Resources owns a 100% interest in the 22,056 hectare Ootsa Property located in the Omineca Mining Division of north-west British Columbia. The Project is 120 kilometres by gravel road from the town of Houston and is located on the south side of Tahtsa Reach. The claims contain a network of all-weather logging roads providing excellent road access throughout the claim block. The center of the Ootsa Property is 8 kilometres southeast of the operating Huckleberry Porphyry Cu-Mo Mine which is owned by a consortium of Japanese companies and Imperial Metals Corporation.

Location of the Ootsa Property

The Ootsa property contains 3 known mineralized deposits, the Seel deposit, the Ox deposit, and the Damascus Silver Vein. In 2011 a new zone of mineralization was discovered on the west side of the Seel deposit and this zone is termed West Seel. The Seel deposit contains porphyry Cu-Au and porphyry Cu-Au-Mo-Ag mineralization, the Ox deposit contains porphyry Cu-Mo mineralization, and the Damascus Silver Vein contains silver and base metals.

Known mineralized deposits on the Ootsa Property and the adjacent Huckleberry Mine.

The Ootsa property contains moderate to gentle topography and the porphyry deposits on the claims are being explored as near-surface open-pit targets. Both the Seel and Ox deposits contain NI 43-101 compliant resources, and both show excellent potential for significant resource expansion with further exploration.