BIG DUCK LAKE

HIGHLIGHTS

  • GTA optioned the Big Duck Lake Gold Property, in Northern Ontario in May 2017
  • Big Duck Lake is located in the Hemlo-Schreiber Greenstone Belt roughly 25 km north of Northshore Gold and 100 km west of the Hemlo Gold Mine
  • The property consists of 65 claim units over 6 sq. kms, centred on an altered gold-rich porphyry, which GTA considers similar to the rocks that host the Hemlo Gold mineralization.
  • It contains numerous gold and base metal showings including “Coco-Estelle”, which hosts a historic resource* of 53,700 tonnes grading 10.7 g/t of gold per tonne.

GTA can earn a 100% interest in Big Duck Lake by paying to the arm's length vendors $45,000 ($15,000 on Approval) and issuing 750,000 common shares (250,000 on Approval) over a six month period.  The Vendors will retain a 2% net smelter return (“NSR”) on Big Duck Lake and GTA will have the right to buy back 1% of the NSR for $1,000,000).

The Hemlo Camp is one of Canada’s most prolific mining regions, having produced over 22 million ounces of gold from both open pit and underground mines. The players are a continually evolving group of companies, including Barrick Gold Corp, which continues to operate the Williams Mine/Mill operations at Hemlo, and a number of junior companies including Canadian Orebodies and Harte Gold.

* This historic resource is not NI 43-101 compliant and cannot be relied upon.

HIGHLIGHTS

  • GTA optioned the Big Duck Lake Gold Property, in Northern Ontario in May 2017
  • Big Duck Lake is located in the Hemlo-Schreiber Greenstone Belt roughly 25 km north of Northshore Gold and 100 km west of the Hemlo Gold Mine
  • The property consists of 65 claim units over 6 sq. kms, centred on an altered gold-rich porphyry, which GTA considers similar to the rocks that host the Hemlo Gold mineralization.
  • It contains numerous gold and base metal showings including “Coco-Estelle”, which hosts a historic resource* of 53,700 tonnes grading 10.7 g/t of gold per tonne.

GTA can earn a 100% interest in Big Duck Lake by paying to the arm's length vendors $45,000 ($15,000 on Approval) and issuing 750,000 common shares (250,000 on Approval) over a six month period.  The Vendors will retain a 2% net smelter return (“NSR”) on Big Duck Lake and GTA will have the right to buy back 1% of the NSR for $1,000,000).

The Hemlo Camp is one of Canada’s most prolific mining regions, having produced over 22 million ounces of gold from both open pit and underground mines. The players are a continually evolving group of companies, including Barrick Gold Corp, which continues to operate the Williams Mine/Mill operations at Hemlo, and a number of junior companies including Canadian Orebodies and Harte Gold.

* This historic resource is not NI 43-101 compliant and cannot be relied upon.