The Honolulu Prospect is the best exploration target for the development of a significant high grade hydrothermal silver deposit in Alaska today. The silver grade of the drill intercept in the Honolulu prospect is much higher than any of the top ten silver mines in the world today at 124.5 ounces of silver per ton, plus 6.4% lead and 4.5% zinc. The incredible distribution of soil, rock, and stream sediment samples carrying anomalous silver values displays the large size of the mineralized area.
Located just one mile off the Parks Highway, mid-way between Fairbanks and Anchorage, the 19 square mile property hosts outstanding near-by infrastructure to insure the economics of mining will be at the lowest end of the Alaskan scale.
In 2016, HP will complete an airborne geophysical program to prioritize drill targets within and adjacent to our known zones of mineralization as we prepare for an aggressive phase of exploration drilling. The exploration objective is to further prove the extraordinary grade of silver while increasing our resource estimate goal of +300M oz silver.