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Solstice Gold Corp V.SGC.W


Primary Symbol: V.SGC Alternate Symbol(s):  SGCPF

Solstice Gold Corp. is a Canada-based exploration company with district-scale gold and lithium projects. Its 35 square kilometers (km2) Strathy Gold Project hosts high grade gold mineralization over a wide area straddling two NE-SW-trending structures. It is located in the Abitibi Subprovince of the Superior Craton. Its Qaiqtuq Gold Project covers 662 km2, hosts a 10 km2 high grade gold boulder field, is fully permitted and hosts multiple drill-ready targets. Qaiqtuq is located in Nunavut, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine Gold Mine owned by Agnico Eagle Mines Limited. The Company's district-scale Atikokan Gold Project is approximately 26 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited. Its 194 km2 Red Lake Extension (RLX) and New Frontier projects are located at the northwestern extension of the prolific Red Lake Camp in Ontario and approximately 45 km from the Red Lake Mine Complex owned by Evolution Mining.


TSXV:SGC - Post by User

Bullboard Posts
Post by racebannonnon Feb 02, 2012 10:06am
375 Views
Post# 19479045

Comparison to Nevsun

Comparison to Nevsun

Here are some facts regarding the CURRENT deposits of Nevsun and Sunridge:

Both companies deposits are in Eritrea.  

Nevsun SP:  $6.68  Market Cap:  $1.34B  Producer since Feb '11

The Bisha Mine is expected to produce more than 1.14 million ounces of gold, 11.9 million ounces of silver, 821 million pounds of copper, and 1.3 billion pounds of zinc during its initially estimated 13 year mine life. In 2013, the processing plant will be expanded and transition into low cost copper, gold, and silver production.

 

Sunridge SP:  .57  Market Cap:  $67M  Producing within 3 years?

Total Resource at Sunridge spread over 4 deposits:

 

1.28 billion lbs (580,000 tonnes) copper 2.5 billion lbs (1,130,000 tonnes) zinc 1.02 million oz gold 31.8 million oz silver

 

 

Bullboard Posts