Highlights:
▪ Field mapping and prospecting exploration program completed at the Eade Gold Project has
highlighted broad zones of gold mineralisation on surface along banded iron formation (BIF)
located within the east-west trending Guyer greenstone belt
▪ The Eade Gold Project is split into two domains:
o West Eade contains an 8.3 km strike length with at least two gold prospects (rock
chip samples of 7.41 g/t Au and 11.45g/t Au) which have not been followed up with
modern exploration techniques 1
o East Eade contains a 6.7 km strike length with at least two gold prospects (rock chip
samples up to 12.0g/t Au and a 1m channel sample at Eade-Till returned a value
of 5.3g/t Ag) which have not been followed up with modern exploration techniques and
borders the Azimut Exploration Inc. (TSX.V: AZM) and SOQUEM owned Masta 2-
Corvette Project (the Passi Prospect)
▪ The program targeted historic gold and copper showings as well as historic exploration trenches
and pits within the project area and was designed to demonstrate continuity of broader gold
mineralisation
▪ A rock sample collected along strike of the Eade-6 historic gold showing within West Eade
returned a result of 3.37 g/t Au whilst another sample collected further along strike returned a
result of 0.82 g/t Au at surface – these results indicate that the mineralisation extends along
strike of the banded iron formation at West Eade over a considerable distance
▪ A follow up soil geochemical and till sampling program has been designed to test the broader
zones of mineralisation and better define the mineralised corridor – based on these results,
the Company will then design a further exploration program which may include
trenching, channel sampling and drilling, if warranted
▪ A geophysical review, including a review of historical geophysical data across the Eade Gold
Project and across the region generally as part of a follow-up phase of exploration is planned
▪ An Aster LWIR and synthetic aperture radar imagery study has been planned at the Eade Gold
Project to identify additional targets for follow-up field exploration
▪ The Eade Gold Project hosts a significant strike length with several mineralised structures
already identified – the Company plans to continue exploration on the Eade Project
including additional field mapping and sampling, soil geochemistry, till sampling and
channel sampling, and drilling if required.
Maybe something will come of this... time will tell.
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