Company
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Corporate Overview
E-Energy Ventures Inc. holds 100% interest over 1,000 acres of leased mining claims in the Red Lake Gold District (222 acres at the Rivard Property and approximately 800 acres in the Burch –Uchi-Confederation Lakes greenstone belt) and over nearly 2,470 acres of mining claim units known as the Stormy Mountain Molybdenmum Property in the Pelly Mountains of south central Yukon Territory.
As of May 1, 2009, E-Energy has control and direction over of nearly 12.4% of the common shares of Rochester Resources Ltd. (TSX-Venture: RCT and Frankfurt: R5I) and 10% of its wholly owned subsidiary Mina Real Mexico S.A. de C.V. that are producing gold and silver in the state of Nayarit, Mexico, and that which is believed to have discovered an entirely new gold/silver district.
The 90 hectare (222 acres) Rivard gold property comprises of 6 leased mining claims at the west end of the Red Lake gold mining camp in northwest Ontario. Several gold-bearing zones are known on the property from exploration that has gone on at intervals since the 1930s. The Uchi Lake gold property, located 90 kilometres east of the town of Red Lake, Ontario, consists of 20 mining claims with a total area of approximately 800 acres, within the Burch-Uchi-Confederation Lakes greenstone belt and lies 1.2 kilometres south of the Uchi Mine that produced 114,000 ounces of gold between 1937 to 1942.
The Stormy Mountain property consists of 20 staked claims covering approximately 2,470 acres (1,000 hectares). Past work indicates that Stormy Mountain has good potential for the discovery of zones containing high grade molybdenum and tungsten.
Through its ownership stake in Rochester Resources and Mina Real Mexico S.A. de C.V., E-Energy holds interests in the Mina Real Property, a gold/silver property with a footprint of 20,545 hectares (~20.6 km²), and an indirect option to acquire 70% interest in the Santa Fe gold/silver property, with a surface area of 3,823 hectares (~3.8 km²), located immediately east of the Mina Real Property. For the nine month period ending February 2009, 3,706 ounces of gold equivalent was produced from processing of nearly 25,000 tonnes. Extensive vein systems have been discovered at both properties, and plans are in place to increase production and conduct drilling to define a 43.101 compliant resource. Recent geological review has been completed on the Mina Real property, affirming Rochester management’s assertion a discovery of a new gold mining district.
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