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Crown Resources Corporation (Crown) is a precious metals exploration company operating in the western United States. As of December 31, 2005, all of the Company's capitalized costs for mineral property relate to the Buckhorn Mountain Project located in Okanogan County, Washington. The Buckhorn Mountain Project consists of a variety of interests, including unpatented and patented claims and fee land that Crown owns outright or under lease or option or purchase agreements. As of December 31, 2005, Crown is reporting gold reserves of 991,000 ounces based upon a feasibility study prepared by SRK Consulting of Toronto, Ontario Canada. The Company's objective is to continue the permitting process for development of the Buckhorn Mountain Project in conjunction with Kinross Gold Corporation (Kinross). Crown also holds an interest in the Kings Canyon exploration mineral property in Utah.(Source: 10-K)