Post by
Opportunity1967 on May 27, 2021 11:06am
The Potential Value of FGC Portage River Gold Project - Que.
Sky Gold paid $150K and 10.5 MM shares (valued at approx. $2.1 MM) for a property package, approx 6,500 ha, adjacent to Amex Exploration.
https://www.stockwatch.com/News/Item/Z-C!SKYG-3088351/C/SKYG
Frontline's Portage River Project:
Consists of 28 claims totaling 1,567 hectares
The property is strategically located just north of La Sarre, Quebec and is serviced by active roads with nearby power and natural gas lines.
The property is hosted within the Abitibi Subprovince recognized around the world for its metal endowment
Southeast trending structures in the area are important hosts and pathways for gold bearing fluids. The AMEX Perron Property (TSXV:AMX) reporting impressive gold intersections lies along a southeast trending structure. The Portage River Property is hosted along a parallel structure called the North Chicobi Fault.
The nearby former producing Duvan Mine on adjacent claims hosts historic noncompliant resources of 101,000 tons at 2.5% Cu.
Investor Deck and Data Compilation on the Portage River Project can be found at:
https://www.frontlinegold.com/portage-river