Strathy Township

Kesselrun Extends Main Huronian Mineralization Down Plunge

Retrieved on: 
Thursday, July 8, 2021

The Huronian Zone true widths are estimated to be 80% to 90% of the reported widths.

Key Points: 
  • The Huronian Zone true widths are estimated to be 80% to 90% of the reported widths.
  • Kesselrun Resources' qualified person has not completed sufficient work to confirm the results of the historical resource.
  • Further drilling will be required by Kesselrun Resources to verify the historic estimate as current mineral resources.
  • Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Kesselrun Resources' property.

CanAlaska Stakes Fifth Thompson Nickel Belt Project

Retrieved on: 
Tuesday, June 15, 2021

The claims cover known mineralized nickel zones and are adjacent to the Halfway Lake nickel deposit owned by CaNickel.

Key Points: 
  • The claims cover known mineralized nickel zones and are adjacent to the Halfway Lake nickel deposit owned by CaNickel.
  • These claims are located 25 kilometres northeast of the Bowden Lake nickel mine and adjacent to the Halfway Lake nickel deposit.
  • In the Thompson Nickel Belt the maximum potential for high-grade nickel mineralization resides in the association of ultramafic and Pipe Formation rocks.
  • Much of the Thompson Nickel Belt has not been explored with modern geophysics presenting significant opportunity to identify new and untested targets for sulphide nickel mineralization.

Transition Metals Enters into Binding Letter of Intent for the Sale of Its Mongowin Gold Property, Ontario

Retrieved on: 
Monday, June 14, 2021

The historical gold mines form part of what is been referred to as the Huronian Gold Belt, one of the earliest gold producing regions of Ontario.

Key Points: 
  • The historical gold mines form part of what is been referred to as the Huronian Gold Belt, one of the earliest gold producing regions of Ontario.
  • Transition Metals Corp (TSXV: XTM) is a Canadian-based, multi-commodity project generator that specializes in converting new exploration ideas into Canadian discoveries in Canada.
  • The Company has an expanding portfolio that currently includes more than 25 gold, copper, nickel and platinum projects across Canada.
  • MacFarlane Lake Mining is a newly formed private company focused on the exploration and development of high grade gold projects in Ontario.

Cross River Begins Phase 1 Field Work at the Manitou Gold Project, NW Ontario, Canada

Retrieved on: 
Thursday, May 13, 2021

This Phase 1 field campaign will focus on assessing gold-bearing structures along strike and parallel to historic high-grade gold occurrences, within broad NE trending shear zones that transect the property.

Key Points: 
  • This Phase 1 field campaign will focus on assessing gold-bearing structures along strike and parallel to historic high-grade gold occurrences, within broad NE trending shear zones that transect the property.
  • The field team will evaluate mineralization styles and potential strike extensions, collect samples and field data for analysis, and consider exploration techniques for follow-up property work (e.g.
  • 1m at 3.36 g/t Au; Manitou Gold, 2011; Riives, 2003; St. Joes Canada; 1983).
  • The Company controls a multiple project portfolio (over 28,000 hectares) in NW Ontario, Canada, with highly prospective ground in and among prolific, gold bearing greenstone belts.

Golden Goliath Exploration Continues to Follow New Geology Units on Pakwash Fault

Retrieved on: 
Tuesday, May 4, 2021

Misse a la masse geophysical survey to assist in mapping units

Key Points: 
  • These rocks have never been seen before along the Pakwash Fault and occur in an unexplored section of the Fault along the north shore of Beauregard Lake, in the east bay.
  • Also pending are results from drill holes K21-22, 23 & 24, which were drilled on the north side of the lake.
  • These holes are all within the estimated source range for the numerous gold-in-basal-till samples found on the west grid (See figure 2).
  • The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario.

Canterra Minerals Enters into Option Agreement to Acquire 100% of the East Alder Gold Project, Newfoundland

Retrieved on: 
Monday, April 19, 2021

This geology includes the Silurian aged Rogerson Lake conglomerates and Silurian felsic volcanic rocks that are known to host gold mineralization at Wilding.

Key Points: 
  • This geology includes the Silurian aged Rogerson Lake conglomerates and Silurian felsic volcanic rocks that are known to host gold mineralization at Wilding.
  • This stratigraphy, as seen at Wilding in the Elm, Alder, and Red Ochre, provides potential host environments for gold deposition in either vein or disseminated styles.
  • A $2.75 million exploration program is underway, focusing on drilling and surface exploration on the Wilding Gold Project.
  • Accordingly, readers should not place undue reliance on the forward-looking statements and information contained in this press release.

Conquest to Acquire DGC Property in Afton Township

Retrieved on: 
Tuesday, March 16, 2021

Toronto, Ontario--(Newsfile Corp. - March 16, 2021) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") announced today that it has entered into a Purchase and Sale Agreement with Teck Resources Limited ("Teck") whereby Conquest will acquire a 100% interest in the DGC Ni-Cu-PGE property located in Afton Township, Ontario.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 16, 2021) - Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") announced today that it has entered into a Purchase and Sale Agreement with Teck Resources Limited ("Teck") whereby Conquest will acquire a 100% interest in the DGC Ni-Cu-PGE property located in Afton Township, Ontario.
  • Conquest has agreed to issue 1,800,000 million shares to Teck in consideration for a 100% interest in the DGC property subject to a 2% NSR which to be retained by Teck.
  • The DGC property is located in the central portion of Conquest's TeckMag1 claim group and covers the central portion of the Temagami Magnetic Anomaly.
  • Property Acquisition - Clement Township, Ontario
    In another separate transaction, Conquest has signed a purchase agreement to acquire the JPC Property in Clement Township, Ontario from a private individual.

Recent Airborne Geophysical Survey Identifies High-Priority Target Structures on Romios' Lundmark-Akow Lake and North Caribou Gold Projects Near Newmont's Musselwhite Gold Mine

Retrieved on: 
Thursday, March 4, 2021

The presence of the theorised structures appears to have been confirmed by the geophysical survey and these geophysical features now become high-priority targets for drilling in 2021.

Key Points: 
  • The presence of the theorised structures appears to have been confirmed by the geophysical survey and these geophysical features now become high-priority targets for drilling in 2021.
  • The Lundmark-Akow Lake gold target is 25 km from Newmont's Musselwhite gold mine in the North Caribou Lake greenstone belt (Map 1), approximately 500 km north of Thunder Bay, Ontario.
  • The North Caribou River claim block is located ~35 km WNW of the Lundmark-Akow Lake gold target and just 8 km from the all-weather road into the nearby community of Round Lake.
  • The claims are dominated by the NE-trending North Caribou River Fault (NCRF) and a parallel fault 800 m to the south.

West Red Lake Project NT Zone Hosts Multiple Zones of Gold Mineralization over a One Kilometer Distance

Retrieved on: 
Thursday, February 18, 2021

TORONTO, Feb. 18, 2021 /PRNewswire/ - West Red Lake Gold Mines Inc. ("West Red Lake Gold" or the "Company") (CSE: RLG) (OTCQB: RLGMF) (FSE: HYK) announces that it has completed the initial stage of exploration on the southern portion of the 100 metre wide, north-east trending NT Zone which lies on the West Red Lake Gold Project within the prolific Red Lake Gold District of Northwestern Ontario, Canada.

Key Points: 
  • TORONTO, Feb. 18, 2021 /PRNewswire/ - West Red Lake Gold Mines Inc. ("West Red Lake Gold" or the "Company") (CSE: RLG) (OTCQB: RLGMF) (FSE: HYK) announces that it has completed the initial stage of exploration on the southern portion of the 100 metre wide, north-east trending NT Zone which lies on the West Red Lake Gold Project within the prolific Red Lake Gold District of Northwestern Ontario, Canada.
  • Mr. John Kontak, President of West Red Lake Gold stated "We are very pleased that the exploration drill programsuccessfully outlined gold mineralization along the southern 1 km portion the NT Zone.
  • West Red Lake Gold is a Toronto-based minerals exploration company focused on gold exploration and development in the prolific Red Lake Gold District of Northwest Ontario, Canada.
  • The Company has assembled a significant property position totalling 3,100 hectares in west Red Lake (the "West Red Lake Project") which contains three former gold mineslocated 15 km west of the Red Lake mine complex.

Golden Goliath Identifies New Drill Targets by IP on Bearegard Lake, up Ice from Gold Bearing Till Samples

Retrieved on: 
Tuesday, February 16, 2021

Two IP trends have been found so far in the lake IP survey.

Key Points: 
  • Two IP trends have been found so far in the lake IP survey.
  • One follows the anomalies along the Pakwash Fault and the other is located in the felsic tuffs on the south shore of the lake.
  • Permits to drill from the ice have also been received as well as from sites along the shore line giving flexibility on how to test these zones.
  • The Company is focused on exploring and developing the gold and silver potential of properties in the Red Lake District of Ontario.