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Valentine Gold South

Newfoundland

Highlights

  • The Valentine South Property is comprised of 605 claims covering 15,300 hectares.
  • The Property lies within the Cape Ray-Valentine Lake structural corridor which hosts Marathon Gold Corp.’s Valentine Project with reserves and resources of 7.1 million ounces of gold.
  • To date Marathon has discovered five gold deposits along a 20 km trend and represent the largest undeveloped gold deposit in Atlantic Canada.
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Valentine Gold South Property

Located along the Cape Ray-Valentine Lake structural corridor, the Property has seen little systematic historical exploration. Drilling by TRU Precious Metals contiguous to the Valentine South Property on their Golden Rose Project, has intersected 12 metres (m) grading 1.01 grams per tonne (g/t) Au from drill hole WL-21-12 and 7 m grading 1.71 g/t Au from drill hole WL-21-06, including 2.39 g/t Au over 4m. The Cape Ray-Valentine Lake shear is also host to Matador Mining’s Cape Ray gold deposits reporting a resource of 837,000 ounces of gold (https://investi.com.au/api/announcements/mzz/2f24ea03-326.pdf).

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