Golden Pursuit Resources (TSXV: GDP) plans to drill up to 100,000 metres at its Gordon Lake assets in the Northwest Territories.
Gordon Lake is in the sub-Arctic, making prospecting tricky, president and CEO Brian McClay said in a video interview with The Northern Miner. A program to scan archived core using AI and machine learning and expand geophysical surveys on the Wooferine-Lynk Zones is set to start soon. The plan includes detailed geological mapping and assay sampling on properties with little previous data, he said.
The company already holds full ownership of the district and has secured permits and First Nations agreements, McClay said. A grant from the NWT Incentive Program and plans for an all-weather road support its progress toward establishing a resource.
“Roads are important for mine development,” McClay said early this month during the Prospectors and Developers Association of Canada’s annual event in Toronto. “A new all‐weather road could cut drilling costs from $900 to $200 per metre.”
Golden Pursuit controls more than 10 historic deposits, including five former producing mines, over 68.5 sq. km and holds a seven‐year exploration permit. It also holds select assets in Nevada.
Watch the full interview below with Mining.com host Devan Murugan. Joint venture videos are paid-for content in arrangement with The Northern Miner.
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