- Pegmatite One (CSE:PGA) has entered into an agreement with Bernie Kreft that will enable the company to earn a 100 per cent interest in the Dort project in British Columbia
- The Dort project is close to infrastructure roughly 10 kilometres southwest of the Kemess Mine Road in the Omineca Mining Division
- The Dort project spans 857.2 hectares and shares geological similarities with the Spanish Mountain Gold Deposit
- Shares of Pegmatite One are unchanged at C$0.03
Pegmatite One (CSE:PGA) announced it has entered into an agreement with Bernie Kreft that will enable the company to earn a 100 per cent interest in the Dort project in British Columbia.
In a news release, the company stated that the Dort property, which is strategically close to infrastructure near historic producers, has had well-documented gold and base metal occurrences as well as some recent discoveries.
“We are delighted to announce the option of the Dort Property, which represents a promising addition to our portfolio,” Kelly Abbott, CEO of Pegmatite One, said in a statement. “We consider the project to be a significantly under-explored high-potential prospect located in an area of advanced mineral exploration and development activity.”
The project also spans 857.2 hectares and is roughly five kilometres west of Pacific Ridge Exploration’s Kliyui Main Zone in the Quesnel Terrane in north-central B.C.
Pegmatite One also stated it will complete an in-depth review of existing local and regional data, including the application of new technology and understanding of gold-copper deposits to implement exploration of the Dort property.
Pegmatite One Lithium is focused on the acquisition and exploration of mineral properties in Canada, including lithium and the company is focused on the exploration for lithium and gold. It operates two mineral exploration properties in Northwestern Ontario and a third mineral exploration property on Vancouver Island, British Columbia.
Shares of Pegmatite One are unchanged at C$0.03.
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