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Gowganda Silver Project

OVERVIEW

Location:
Three kilometres by road northeast of Gowganda, northeastern Ontario.

Ownership:

100% Temex with no underlying royalties.

Size:

14 claims for 553 acres.

High Notes:

Property hosts the Miller Lake O’Brien silver mine operated by United Siscoe Mines which produced 40.7 million ounces of silver at a reported average grade of 22 opt silver from 1910 to 1972.

 

New high grade 600 metre long silver vein system discovered from 1987 to 1989 during underground exploration and development with drill intercepts ranging from 3.99 opt silver over one foot up to 348.5 opt silver over 3.5 feet, including 1,039.10 opt silver over one foot.

 

Surface tailings deposits with a resource of 1.827 million tones grading 1.43 opt silver defined by 720 sonic and augur drill holes (1988 to 2000). Resource is non NI 43-101 compliant.

Mineralization Setting:

High grade silver veins located near major unconformity - the identical geological setting as the Cobalt mining camp which produced 550 million ounces of silver and 30 million pounds of cobalt.

Exploration Plan:

Digital compilation of all historical data to produce GIS database and three dimensional modelling, implementation of field program including, geological mapping and environmental baseline studies, metallurgical testwork on tailings, geological mapping, diamond drilling, permitting, environmental baseline study, surface water testing, and waste characterization.

CURRENT ACTIVITY
July 13, 2010  Temex Provides Update on Precious Metals Portfolio
November 16, 2009  Temex Initiates Testwork on Silver Tailings with BacTech on the Gowganda Silver Project
October 22, 2008  Temex Provides Exploration Update
March 01, 2008  Temex Provides Exploration Update
February 21, 2007  Temex:Silver Tailings Project Update Gowganda Silver Project
February 01, 2007  Temex: Drilling Intersects High Grade Silver Gowganda Silver Project
November 21, 2006  Temex Commences Drilling at High Grade Silver Project
August 29, 2006  Temex Engages Knight Piesold for Environmental and Permitting Activities on Gowganda Silver Project
May 01, 2006  Temex Completes Acquisition of Gowganda High Grade Silver Property
March 06, 2006  Temex Enters into an Agreement to Acquire High Grade Silver Property, 40 Million Ounces of Historical Production

BACKGROUND

Background information on this Project

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