The 100% owned New Patricia Gold Prospect was acquired pursuant to an earn-in agreement with Exiro Minerals Corp.
The New Patricia Gold Prospect extends over 30km of prospective geological setting directly along strike from the Golden Patricia Gold Mine produced 619,796oz Au @ 15.2g/t Au* and ceased operations in 1997 (previously operated by Barrick Gold). This adjoins Ardiden’s Dorothy-Dobie Gold Prospect and the New Patricia Gold Prospect.
Figure 1: New Patricia Gold Project
Figure 2: Ardiden’s New Patricia Gold Prospect with Esker Exploration Permit Area.
Figure 3: Fold Nose Structure at the Esker Gold Prospect displaying analogies to the Musselwhite Gold Mine.
NEW PATRICIA HISTORICAL WORK
New Patricia includes proprietary dataset of 212 historical drill holes spread across the property drilled by various companies during the period 1971 to 1990.
No further exploration groundwork has been undertaken on the property since 1990.
The previous owners identified New Patricia as highly prospective for gold and undertook a geophysical and structural analysis.
*Information in relation to historical gold production at the Pickle Lake Gold Camp, and Golden Patricia Mine in Figures and notes above have been referenced from three sources of publication, namely: 1. Harron, G. A. 2009. Technical Report on Three Gold Exploration Properties Pickle Lake Area, Ontario, Canada. G.A. Harron, P.Eng., G.A. Harron & Associates Inc. 2. Smyk, M., Hollings, P. and Pettigrew, N., 2015. Geology and Mineral Deposits of The Pickle Lake Greenstone Belt. Institute on Lake Superior Geology, May 20-24, 2015 Field Trip Guidebook and 3. Puumala, M. A. 2009. Mineral Occurrences of the Central and Eastern Uchi Domain. Ontario Geological Survey, Open File Report 6228