Menneval Gold Project
Overview
Our wholly owned Menneval Gold Project, is located in the mineral-rich province of New Brunswick, and is a cornerstone of the company’s gold exploration portfolio. Highlight intercepts include 162.5 g/t gold over 0.2 meters and 121.00 g/t gold over 0.31 meters. Noteworthy discoveries include Vein No. 22, which is located 200 m southeast of vein No. 18 which was reported to have multiple sites of visible gold which was traced over 114 meters.
Selected No 18 and Maisie Zones
Project Highlights
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100% SLAM ownership
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580 claim units in 8 claims covering 12,450 hectares
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4 claim units subject to 1.5% NSR. SLAM can buy 0.5% NSR for $500,000 and has first refusal right on remaining 1% NSR
Untested Soil Trends
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Trend A contains 20 to 206 ppb gold over 1800 m strike length
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16 to 49 ppb gold over a 600 m strike lengthTrend B
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Trend C contains 46 to 102 ppb gold over a 200 m strike length
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Trend D has 10 – 157 ppb gold over 500 m strike length
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Soil contours and gold veins sub-parallel to primary aeromagnetic trends
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Primary aeromagnetic trends reflect strata as well as early stage porphyry dykes/sills
