Metavolcanic rock

U.S. Gold Corp. Announces Positive Prefeasibility Study Citing a Pre-Tax NPV of $323 Million and IRR of 39.4%

Retrieved on: 
Wednesday, December 1, 2021

CK Gold mineralization has been interpreted as a shear-zone controlled, disseminated and stockwork gold-copper deposit in Proterozoic intrusive rocks.

Key Points: 
  • CK Gold mineralization has been interpreted as a shear-zone controlled, disseminated and stockwork gold-copper deposit in Proterozoic intrusive rocks.
  • The CK Gold Project is planned as an open pit mine with a mine production life of approximately 9.5 years.
  • An after tax, discounted cash flow model was developed to assess the economic performance of the CK Gold Project.
  • The positive economic outcome of the financial analysis is used to delineate the CK Gold Mineral Reserve.

Trillium Gold Further Consolidates Confederation Lake Greenstone Belt, increases Larder Lake land holdings and adds Quebec Assets

Retrieved on: 
Monday, January 18, 2021

Russell Starr, CEO of Trillium Gold comments"The Trillium team is committed to building district-scale opportunities for TGM shareholders.

Key Points: 
  • Russell Starr, CEO of Trillium Gold comments"The Trillium team is committed to building district-scale opportunities for TGM shareholders.
  • The Karas Lake property comprises 5 claims covering 2,222 hectares in the Confederation Lake greenstone belt.
  • The metavolcanic sequence is flanked by the Bruce Lake Stock to the northwest and the Bluffy Lake Batholith to the southeast.
  • The primary neighbour of the property is BTM Corporation, which controls a large land package between the OpawicaProperty and IAMGOLD's Monster Lake Deposit.