Vancouver-based
The junior recently signed an option agreement to earn a 60% interest in the property from
The 13-claim property covers of belt of Proterozoic-age Huronian Supergroup sediments in unconformable contact with Archean basement greenstone and granitic lithologies. Within the thick sequence of sediments, marked uncomformities have been noted between a basal conglomerate horizon (believed to be Gowganda Formation) and a sequence of underlying quartzites through sandstones and siltstones. Anomalous gold values have been defined within the basal conglomeritic horizon over a strike length of more than 5 km.
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