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True North Gems Inc V.TGX

Alternate Symbol(s):  TNGMF

True North Gems Inc. is engaged in the exploration and evaluation of natural resource properties in Canada. The Company's properties include True Blue, Cobalt Hill, Chuchinka rare earth element (REE), Decelles and The Nabikok. The True Blue Property comprises around 303 claims located 55 kilometers (km) south of Ross River, Yukon. The Cobalt Hill Property, a base and precious metal prospect, is located five km east of Castlegar in southeastern British Columbia covering an area of over 562.5186 hectares. The Chuchinka REE property is a grassroots REE exploration prospect covering an area of over 562 hectares, which is located four km north of the Defense Metals Corp. REE discovery known as the Wicheeda rare earth element deposit, in British Columbia. The Decelles property consists of around 215 claims. The Nabikok Property is an early-stage lithium-bearing spodumene pegmatite prospect comprised of 155 exploration claims, located in the eastern region of the Abitibi Belt, Quebec, Canada.


TSXV:TGX - Post by User

Bullboard Posts
Post by GambitXon Sep 28, 2009 3:05pm
225 Views
Post# 16344560

Maps

MapsNaturally I started my DD, given all the interest.

True North's properties are NOT adjacent to the recent Peregrine discoveries. The Peregrine discoveries are on the Chidliak property, approx. 150 km away from True North's Baffin property.

True North is adjacent to Peregrine's Kimmirut property on the south-eastern side of Baffin Island. The Kimmiut project isn't listed on Peregrine's website and there is no news I can find on that property.

See Peregrine's map here.


https://www.pdiam.com/i/maps/NA/BaffinProperties.jpg


And see True North's map here.

https://www.truenorthgems.com/pdfs/080918_belugaclaimmap.pdf


Do your own DD.

PS. Coloured gems are rarer but not as valuable as diamonds thanks to very good marketing by DeBeers and diamond cartels.
Bullboard Posts