RE:Moving upRemember Michael stated in a recent interview that they've had multiple offers on the Stillwater property but none to their liking yet. I'm wondering what interest that they're getting in the Ontario gold project? It would be nice to get that property sold and use the funds for Stillwater.
Project Overview
- 137 km2 land package adjoining Treasury Metals’ recently consolidated +3Moz Goliath-Goldlund Project
- 30km of underexplored Archean greenstone strike
- High-grade gold demonstrated in 127 drill-hole database, historic bulk samples
- 100% owned, low carrying cost, direct road access, close to rail and power
- Discovery and development of Rainy River lead the district in the 1990s, which is now over 10Moz and growing
The 100%-owned Black Lake–Drayton project has been consolidated by the Company in five parcels as four option deals plus direct staking, providing Group Ten with 100% earn-in or ownership on more than 137 km2 and over 30 km of underexplored strike length in in the AbramsMinnitaki Lake Archean greenstone belt, along the northern margin of the Wabigoon sub-province. This highly-active gold belt is host to a number of well-known deposits including Goldlund-Goliath (Treasury Metals) and Rainy River (New Gold), both of which have seen substantial recent expansions.