Bull Gold Project

Bull Location Map Regional

Mojave Co., Arizona – Option to Purchase 100%

Bull Gold Project (PDF)

The Bull Prospect consists of 6 existing unpatented claims and 88 recently staked unpatented claims, all on Bureau of Land Management (BLM) land.  The project is located 20 miles west of Bullhead City, Arizona north of route 68.

The Bull claims cover an area of silicified breccia and quartz-calcite stockwork zones occurring at the low angle contact between Pre-Cambrian granite and Tertiary volcanic rocks, which is a classic detachment environment for the development of gold deposits. 

Surface sampling at Bull has returned grades of up to 3.54 g/t Au and drill results up to 18.2 m of 1.71 g/t Au, (complete results reported below).

The initial cash and share payment for the Bull Project calls for US$ 10,000 and the issuance of 150,000 CFM shares, with total payments to purchase 100% over 4 years being US$ 1.5M and 750,000 shares, subject to a retained 2% NSR. The NSR can be purchased for US$ 1,000,000 per each 1%.

Geological Summary

The Bull claims cover areas of silicified breccia with quartz-calcite stockwork zones at the low angle contact of Pre-Cambrian granite and Tertiary volcanic rocks, a classic detachment environment. Surface rock chip sampling by the owner and check sampling by a geologist returned strong gold values from two areas on the Property, the Bull North, in the northern portion of the Property, and the Roadside area, which lies near the southern end of the large claim block.  Both areas have seen limited drilling in the 1980’s, but no recent work has been recorded.  The two areas lie approximately 2 kilometers apart and are separated by an area of predominately shallow alluvial cover which has not been explored for gold mineralization.

Eighteen rock chip samples collected in the Bull North and Roadside areas assayed from 0.01 to 3.54 g/t Au, with 6 of the 18 samples returning values of 0.46, 0.66, 1.39, 2.01, 2.12 and 3.54 g/t Au.

22 historic drill holes are scattered over a 400 meter by 400 meter area at Bull North.  The drilled area is wide open to the west and south, where two of the southern drill holes encountered 18.2 m of 1.71 g/t Au and 27.4 m of 0.65 g/t Au.  Another drill hole, located over 150 metres to the east of the above holes, and collared in shallow alluvium, returned 16.7 m of 0.62 g/t Au.

To the south, at Roadside, 23 historic drill holes were drilled in a roughly 50 meter by 100 meter target area. Reported intercepts from this drilling include 16.7 m @1.10 g/t Au, 19.8 m @ 1.03 g/t Au and 18.2 m @ 1.27 g/t Au.  One hole drilled in the southeastern portion of the area, within the granitic basement rocks, returned 3 m of 3.98 g/t Au. The historic data and maps outlining drill results on the Bull Gold projects have been sourced from Arizona Geological Society Mining Data – an online data base.  Data includes previous operators drill logs, assay certificates and various maps.

Significant results

Eighteen rock chip samples collected in the Bull North and Roadside areas assayed from 0.01 to 3.54 g/t Au, with 6 of the 18 samples returning values of 0.46, 0.66, 1.39, 2.01, 2.12 and 3.54 g/t Au. 22historic drill holes are scattered over a 400 meter by 400 meter area in the Bull North area.  The drilled area is wide open to the west and south where two southern drill holes encountered 18.2 m of 1.71 g/t Au and 27.4 m of 0.65 g/t Au.  Another drill hole, located over 150 metres to the east of the above two holes, and collared in shallow alluvium, returned 16.7 m of 0.62 g/t Au. To the south, at the Roadside area, 23historic drill holes were drilled in a roughly 50 metres by 100 metres target area. Reported intercepts from this drilling include 16.7 m @1.10 g/t Au, 19.8 m @ 1.03 g/t Au and 18.2 m @ 1.27 g/t Au.  One hole drilled in the southeastern portion of the area, within the granitic basement rocks, returned 3 m of 3.98 g/t Au. Scans of historic results from the Bull North and Roadside project have been sourced from Arizona Geological Society Mining Data - on line data base.  Data includes previous operators drill logs, assay certificates and various maps.

Planed Work Program

The Company plans to conduct further sampling geological mapping and geophysics for the purpose of new target identification in the coming months, with drilling to follow complete evaluation.

Michael Collins, P.Geo. and V.P. Exploration and Development for Confederation Minerals is the qualified person for Confederation Minerals and has reviewed and approved this project description.  Drill results, sample and technical data are not National Instrument 43-101 compliant and historic in nature. The results have not been verified by the Company and are provided for context only and should not be relied upon for any evaluation of the properties or project or for any investment decision.