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Sedex Zinc Project
Megastar Development Corp. owns 100% interest in a total of 38 mineral claim units situated in the emerging world class Gataga-Akie SEDEX zinc/lead/silver camp in the Omineca Mining District of British Columbia, northeast of Williston Lake, approximately 280 kilometres north-northwest of Mackenzie, B.C., Canada.
The property encompassing over 18,000 hectares is adjacent to and along strike of the favourable Devonian Gunsteel shales that host the new discovery by Mantle Resources Inc. (TSX-V: MTS)/Ecstall Mining Corp. (TSX-V: EAM) on their Akie property. Several of the Megastar’s claim units are located in close proximity to the historical Akie deposit where drilling program by Mantle Resources discovered a significant new zone of thick, high-grade SEDEX-style zinc-lead mineralization. The Company's claims cover part of the highly prospective Gunsteel shale formation in the regionally extensive, world-class Kechika trough SEDEX zinc basin of Northern British Columbia. The Kechika trough is geologically similar and comparable in size and economic potential to the Red Dog basin of Alaska, where Teck-Cominco operates and controls the world's largest zinc/lead mine. The two major Sedex zinc-lead deposits in the southern portion of the Kechika trough are Mantel/Ecstall's Akie and Teck-Cominco/Korea Zinc's Cirque Deposit. |