President William MacPherson says an airborne geophysical survey has identified several targets on the company’s Noel-Paul’s Brook property in central Newfoundland and ground follow-up work will begin as soon as weather conditions permit.
AquaGold holds a 75% interest in three properties totalling 345 claims in Newfoundland. Two groups are situated south of Indian Pond on the Baie Verte Peninsula, while a third group is in central Newfoundland, 15 km east of the Duck Pond-Tally Pond polymetallic massive sulphide deposit.
Further work is planned on all the properties this year.
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