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Gossan Resources Ltd GSSRF


Primary Symbol: V.GSS

Gossan Resources Limited holds mineral exploration and development properties located in Manitoba, Northwestern Ontario, and Newfoundland. Its projects include Sturgeon lake zinc property, Gander Gold Property, Inwood dolomite, Pipestone project, Bird river project, Separation rapids project and royalty interest in the Manigotagan deposit. It is focused on its drill-ready Glitter Property, located in the zinc-copper-silver rich polymetallic Sturgeon Lake Greenstone Belt of Northwestern Ontario, and the Gander Gold Property in Newfoundland which covers over 8,875-hectares, in addition to the 975-hectare Weir Pond and 1,050-hectare Island Pond Properties. Its properties are prospective for hosting gold, base metals and platinum group elements, as well as specialty green-battery metals, vanadium, titanium, tantalum, lithium and chromium. It has a deposit of high-purity, magnesium-rich dolomite, and holds advance and production royalty interests in a high-purity silica sand deposit.


TSXV:GSS - Post by User

Comment by Goldnboy1on Jul 10, 2021 2:01am
153 Views
Post# 33526043

RE:Don't see any plans for the summer season...

RE:Don't see any plans for the summer season...

They cannot drill Gander until next season because by time they were funded. They could not procure drilling contractors.

The demand for drilling rapidly out paced the capacity to service it when NFG occurred.

I know of severe issues in a Quebec and NFLD. Skilled labour is often one of the biggest issues. But even equipment expansions are rapidly occurring among drillers. I know of one that's went from 18 to 26 drills.

For now they will drill at Sturgeon Lake for VMS. George Mannard sees something he wants to test  When he gets ideas, discoveries tend to follow. Then this could lead to an even bigger funding package or even a spin out of assets. A lot of solid projects held within Gossan. Solid spot to buy a little weakness. IMO

 

 

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