DETOUR LAKE DISTRICT

Overview

  • Metals of Interest: Gold
  • Location: Abitibi Greenstone Belt, Quebec
  • Surface Area: 21 mineral claims totaling 1,162.04 hectares

Projects

The Newfoundland Discovery Corp. Northbound Property lies in the Abitibi Greenstone of Ontario and Quebec, one of series of gold bearing Archean Greenstone Belts of the Canadian Shield through Northern Quebec and Ontario. Important deposits with the northern Abitibi Belt include Detour Lake, Detour Lake 58 Zone, Casa Berardi and the Fenelon deposit of Wallbridge Gold Mining Ltd. The geology of the northern Abitibi Greenstone Belt is taken from Geological Survey of Canada Map D1860a.

The Southern Star Property is made up of 146 claims which covers approximately 8,100 hectares (81km2). It shares a 7km adjacent border with Midland Exploration’s recent claim acquisition announced April 2, 2020, expanding their Gaudet property.

Northbound Extension extends our Northbound Property in the Abitibi Greenstone of Ontario and Quebec too. This acquisition more than doubles Newfoundland Discovery’s land position near the Fenelon deposit. The extension shares a 2.75km border with the Northbound Property.

Newfoundland Discovery has acquired a key piece of ground in the Abitibi, the Northbound property, contiguous to the north and west of the Wallbridge Fenelon ground.

About the Fenelon Gold Camp

Over the course of last year, Wallbridge Mining has had tremendous recent success in the Fenelon gold camp. Wallbridge drilled 75,000m on their project last year and planned to increase to 100,000 – 120,000m of drilling throughout 2020 en route to their maiden-resource calculation. The Fenelon Project could have the potential to host one of Quebec’s next major open-pitable high-grade gold deposits with the success Wallbridge is having. Last December, they reported drill intercept highlight grading of up to 22.73 g/t Au over 48.01 meters (Wallbridge Dec 3, 2019 press release) and a successful 33,233 tonnes at 18.49 g/t Au bulk sample result which met or exceeded their initial projections in terms of grade and gold recovery. This bulk sample also provided cash flow for their 2019 drilling of 75,000m.

The Jeremie Pluton, a significant igneous intrusion, has been identified as a potential source of gold mineralization in the region associated with Wallbridge Mining’s Fenelon Gold Project and Kirkland Lake’s Detour Mine. Both companies have been actively exploring the Pluton and surrounding area.

The discovery of significant gold deposits in the area could have a significant impact on the mining industry and Canadian economy, making the Pluton’s exploration potential of great interest to Wallbridge Mining and Kirkland Lake Gold.

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