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Were the funds from the recent raise used to drill Gold Rock? Or do you have other plans for those dollars?
We plan to use about 70% of the recently raised funds to expand and advance the know mineralization at Gold Rock. The other 30% of the exploration funds will go…
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Gold Rock appears more advanced then Sherridon, so do you consider it to be the flagship property? Is the plan to pursue both projects simultaneously?
Gold Rock is our flagship and most advanced target. We want to show that we have a pipeline of targets on our large land package. Especially when we speak with…
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Explain the potential of the mineralization and geological structure at Elora and BM1 and BM2?
These three mineralized structures appear to host multiple high-grade shoots. We believe the high-grade shoots are controlled by the intersection of two different structures.
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Can you explain your technical team’s experience at Red Lake?
Maura worked in the Red Lake camp for 8 years. She was a mine site – reserve and resource replacement exploration geologist than became the Exploration Manager for 5 years.…
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What are the geological similarities to Red Lake?
Similar geometry of regional folding and structural framework. Similar host rocks for gold mineralization. Similar age of rocks and mineralization.
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Can you elaborate what the next steps will be after you have finished the relogging and resampling?
After the core has been relogged, assay results will start coming back of the newly sampled sections of core. We will use the new data to update our geological interpretation…
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Why are you doing a resampling and relogging program?
The previous operator selectively sampled the core based on their bias or theory of what could host gold mineralization. We have seen through our work that other rock types can…
