Bond Gold Canada a wholly- owned affiliate of Bond International Gold has earned a 50% interest in the Shoal Lake gold property near Kenora, Ont. The remaining interest is held by Kenora Prospectors & Miners (COATS).
Work by Bond has outlined a mineral inventory of 950,000 tonnes grading 8.3 g gold per tonne (0.24 oz per ton). A follow-up 13,000-ft drill program is in progress designed to improve the confidence limits of the reserves.
Following the drill program, Bond will evaluate the data and will consider an underground exploration program.
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