AX8 .062c This will follow ADV higher today.... Undervalued goldie about to commence drilling in Canada. Low MC only $6.4 Million.
Project Highlights:
• Significant tenure position surrounding high grade Teck (Cominco) Le Roi mines that produced ~2.76Moz gold @~13.3g/t Au, 3.53Moz silver @ ~17g/t and 71,000kg @ 1.4% Copper
• Large scale potential with right to earn up to 100% of Project
• Multiple extensions to mined high grade structures trend into the Project areabut have remained underexplored since mine closure in 1941
• Limited historical drill intersections at the Gertrude Prospect include:
o NB-94-1 6.1m @ 13.29g/t gold from 162m
o NB-91-16 4.5m @ 12.7g/t gold from 164m and;
o NB-94-2 1.5m @ 17.18g/t gold from 151m
• Year-round exploration with access to excellent infrastructure. Three processing options within 80 kms.
• Access to skilled workforce and an established team on the ground
• Initial 6 month drill program to commence shortly
With permitting already in place, this team alignment will allow a seamless and rapid first phase exploration program and early, reliable news flow.
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