SURROUNDED BY HIGH-GRADE PEERS
Strategically positioned, contiguous to Puma Exploration -drill results include 5.55 g/t Au over 50m
–17km of prospective strike within 120km2 land package with proven gold endowment
– Infrastructure – Easy-access, paved roads, Highway 180, near seaport and Airport, 80km west of Bathurst Base Metals Camp
More questions? Please review our investor deck here.
NEXT NEW FOUND GOLD? CONTINENTAL TREND OF MAJOR GOLD DISCOVERIES
- Consistent Orogenic mineralization along the emerging Iapetus Suture trend
- Exploration success over last decade includes New Found Gold, Puma Exploration, Dalradian, Oceana Gold, Atlantic Gold, and Marathon Gold
- Gold Orogen’s New Brunswick property on trend with Puma
- Geological analogue to New Found Gold
New: 455 g/t Au Discovery 45km along Strike at Goldstrike Zone
– Gold endowment proven through soil sampling, trenching, drilling
– High-grade trench samples up to 41.6 g/t Au
– Map of known gold showings and deposits over greyscale airborne magnetics with regional faults and geological boundaries
– MPM (Mineral Prospectivity Mapping) shows high prospectivity in red with more intense colours having higher probability
A Major Intercontinental Suture Zone Coincident with Major Gold Deposits Across 2 Continents
Two ancient super-continents Gondwanaland, (today South America, Africa, Madagascar, Antarctica and India), and Laurentia, (today North America and Greenland), slowly collided roughly between 450-350 million years ago compressing the earth’s crust in between creating orogenic belts, or new mountain ranges. The Iapetus Suture Line is the line along which both ancient continents collided and ultimately “sutured” together. The tremendous pressures from the collision squeezed, liquified and gasified minerals deep in the crust that escaped towards surface along fractures and faults, leaching out metals including gold and silver along the way. As the liquids and gases approached cooler and lower pressures towards the earths surface, they collected and precipitated into mineral deposits such as “orogenic” and ”IOCG-type” deposits along this Iapetus Suture Line.
