Highlights:

• Previously explored by Noranda Exploration
• Drilling encountered up to 1.14% WO₃ across 1.83 meters
• High-grade surface samples up to 4.5% WO₃ 

Target: Tungsten 

Location:

The Track Property consists of eight contiguous minerals claims located in west-central Yukon, 40 kilometers northwest of Dawson City.

Ownership: 100% 

History:

Track was first staked in 1979 by Noranda Exploration Company Limited which conducted several exploration programs between 1979 and 1983.  The first program consisted of prospecting plus mapping, linecutting, soil sampling and magnetometer surveys.  The work outlined two strong tungsten-in-soil anomalies (Poinjar and SDJ) associated with skarn and hornfels alteration developed along an intrusive-metasediment contact.  Skarn float from the Poinjar Showing reportedly returned up to 4.5% WO₃*.

In 1980, Noranda conducted additional soil sampling and pan sampling as well as ground geophysical surveys and diamond drilling at the Poinjar Showing (456 m in four holes).  The drilling intersected significant skarn and hornsfels zones, the best intercepts from which yielded up to 0.54% WO₃ and 0.55 g/t gold across 0.76 and 0.61 meters respectively*.  Helicopter-borne magnetic and VLF-EM surveys were flown later in October of that year.

Additional linecutting, mapping, prospecting, grid soil sampling and ground geophysical surveys were carried out in 1981.  This was followed in 1982 with bulldozer trenching and additional diamond drilling (719 m in seven holes) to test the skarn mineralization at the Poinjar Showing immediately along strike from the previous drilling.  Intercepts returned up to 0.34% WO₃ across 12.8 meters, including an interval which yielded 1.14% WO₃ across 1.83 meters*. 

The next program in 1983 consisted of linecutting and hand trenching, plus a detailed ground magnetic survey which generated several small high amplitude magnetic anomalies in the vicinity of the Poinjar Showing.

In early 1999, the project was staked jointly by Strategic Metals Ltd. and Expatriate Resources Ltd. and explored later that year with prospecting and extensive silt sampling.  Prospecting at the Poinjar Showing discovered quartz matrix supported limonite that yielded 3.59 g/t gold, 1.6 g/t silver, 1655 ppm bismuth, 56 ppm molybdenum and 810 ppm tungsten.  A follow-up program of prospecting, mapping and soil sampling was completed in 2000.

Yankee Hat recently acquired 100% of the Track Property from Strategic Metals.  Additional work has been recommended for the Poinjar showing as well as reconnaissance exploration elsewhere on the project.

*Historic results pre-date the implementation of NI 43-101 and although believed to be reliable by management should not be relied upon as such.