Situated within the Walker Lane Gold Belt, a terrain hosting numerous precious metal deposits with estimated production from volcanic-hosted epithermal gold and silver deposits along this belt exceeding 40 million ounces of gold and 540 million ounces of silver since 1859.
Located in Prolific Quesnel Terrane in central BC, 55 kilometres northwest of Centerra Gold’s 5.7 million ounce gold, 2.2 billion pound copper, Mt. Milligan mine.
Gold-silver bulk tonnage target, 25 km northwest of Newgold Inc’s 9.5 million ounce Blackwater gold deposit.
7,275 hectares, located 30km northwest of the mining town of Schefferville, Quebec, Canada. Block 103 is on strike to Tata Steel/New Millennium "NML" magnetite deposits of KeMag & LabMag, which have a combined Resource of over 8 billion tonnes. Block 103 hosts an initial NI 43-101 inferred resource of 7.2 billion tonnes at 29.2% total iron. Mineral resources which are not mineral reserves, do not have demonstrated economic viability.