Properties
Big Easy Property
- Big Easy low sulphidation epithermal gold-silver property in the Avalon zone of Eastern Newfoundland
- The property comprises 369 claims covering 92.3 km2, 2 hours from St. John’s, Newfoundland
- Significant historic drill results include 6.05 g Au/t and 174 g Ag/t over 1.5 m, 7.65 g Au/t over 1.0 m, 0.80 g Au/t over 11.25 m, 1.30 g Au/t over 8.7 m, and 3.54 g Au/t and 511 g Ag/t over 2.0 m
- Historic diamond drilling of 31 holes totalling 6,497 m has outlined an extensive mineralized zone ~ 300-400 m wide that has a prospective strike length of 5+ km
- 10,000 m diamond drilling program in 2022 tested major CSAMT resistivity anomalies in Central-Big Easy Showing area but indicated gold mineralization is in a separate structural block likely to the west
Location Advantages
- In very favourable mining jurisdiction of Newfoundland
- 2 hours from St. John’s and 20 minutes from Clarenville
- 5 km off Trans-Canada Highway and readily accessible by road
- Power line at northern end of the Big Easy zone
- Property covers potential 17 km strike length
Favourable Geological Setting
- Extensive low sulphidation epithermal gold-silver system in Neoproterozoic epiclastic sediments
- Similar geological setting to the Haile Mine in South Carolina
- Two major showings identified – Big Easy and ET Zone, 3.5 km apart along strike
- Recently completed IP survey outlined a 4+ km long chargeability anomaly marking major epithermal system
- Additional IP surveys planned for winter 2019