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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 14, 2021 3:02am
251 Views
Post# 33540866

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

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

Sturgeon Lake is on trend with a mine complex that historically produced from mines owned by Glencore and First Quantum.

High grade Copper, Silver, with Zinc and Gold credits.

Historically was known as a zinc district I believe. But I think the silver and copper at today's prices will be very enticing.

Grades wise Gossan will be looking for 1%+ CU + 5%+ Zn + 150g/t+ AG + 1 g/t AU over mineable widths. So 3m-25m. Anything wider would be a pleasant surprise. But is never out of the question. 

Region is road accessible with lots of trail roads. Lots of infrastructure close. Any major discovery would have very low capex high profitability potential.

Wouldn't shock me to see another funding to come here. Orogenic discoeries deposit themselves all over, they aren't uniform  there is a chance anyone with reasonable proximity to Keats zone (NFG) could also have serious discoveries on their ground. 

Gossan has limited outcrop on their ground, so they will do more work with electromagnetics and other related air/ground studies. This will help to refine targets and increase the potential for discovery.

A little weakness in the chart. Not a bad area for entry. I am gonna hit the bid for some more here soon! The more NFG discovers. The more GSS will continue to run!

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