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Green Valley
Mine TSXV:GVY is a mineral exploration company with its
flagship project in the Kamloops area of British Columbia.
Green Valley Mine is engaged presently in exploring and
evaluating two mineral properties the Wood Group Property and
the Beaton Property, with both properties being located in the
Kamloops region. Both projects are situated within the vicinity
of active producing and historical gold, silver and copper
mines.
The Company currently has 58,664, 785 shares outstanding and trades on the TSX Venture Exchange under the call letters GVY.
The Company currently has 58,664, 785 shares outstanding and trades on the TSX Venture Exchange under the call letters GVY.
The Wood Group property lies approximately a mile south of the New Afton Project now operated by NEW GOLD INC, (NGD); the New Afton project is currently producing copper and gold from the discovery of an extension of the old Afton Mine, their new zone represents 44 million tonnes of copper grading 0.98%. In 1977 when the Afton project started production the ore reserve was 30 million tonnes grading 1% copper.
On the east side of the Wood Group Property, Abacus Mining and Exploration (AME) has reported a reserve of 503 million tonnes grading 0.27% copper and 0.17 g/t gold, (EQ 0.37%CU), to be mined by open pit method.
BEATON PROPERTY
Green Valley Mine Incorporated owns and operates 100% of the Beaton mineral claims representing 1,560 acres, located approximately five miles west of the old Afton Mine Pit, Kamloops B. C. The Beaton property has returned some very positive geochemical and geophysical results for copper and gold.
