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Canadian Gold Resources Ltd T.CAN


Primary Symbol: V.CAN Alternate Symbol(s):  CDNGF

Canadian Gold Resources Ltd., formerly Amseco Exploration Ltd, is a Canada-based gold exploration and development company. The Company is focused on advancing its 100% owned gold properties in the Gaspe Gold Belt of Quebec, Canada. The Company is the owner of the Lac Arsenault Property, the VG Boulder Property, and the Robidoux Property. The Lac Arsenault project is located in the Gaspe Peninsula of Quebec, approximately 25 kilometers (kms) north of Paspebiac and 58 kilometers from Bonaventure, covering a total of 4,118 hectares. The Robidoux project is located in the western Gaspe Peninsula, Quebec, covering 1,940 hectares. The VG Boulder project is located in the Gaspe Peninsula, Quebec and covers 14 km along the prospective Grand Pabos Fault, spanning approximately 5,787 hectares.


TSXV:CAN - Post by User

Comment by cerebuson Jan 12, 2011 9:53am
316 Views
Post# 17958835

RE: RE: 0.07sq/km

RE: RE: 0.07sq/kmI believe your math is wrong.  I think it was .07 hectares not sq km.
You may want to check out the picture on the SOC website which shows the property is right on the middle and is more like 200+ m by 300+ m.
It is also interesting to note that CAN has drilled on the property without approval.
Holes
D045 - 21.7 m at 6.79g/t
D073 - 32.0m at 9.27g/t

So no joke at all - a real problem.  My understanding is the government won't allow any foreign involvement - SOC or CAN - and the reason for this is to force a resolution between all parties involved.

Who knows how it is going to play out but I don't think CAN has been that honest about the problem.

SOC picture is here.
https://www.sonoragoldcorp.com/handeni-property.html
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