Midland Exploration Inc.(TSXV:MD) announced that they have acquired a 100 percent interest in gold property made up of twenty-nine (29) claims in two blocks located along and proximal to the prolific Cadillac Break.
As quoted in the press release:
The Heva West block consists of 4 contiguous claims adjacent to the west of the Maritime-Cadillac property, currently a 50/50 joint venture between Midland and Agnico-Eagle Mines Limited (“Agnico-Eagle”). The Heva West block covers nearly 1 kilometre along the contact between Pontiac Group sediments and mafic volcanic rocks of the Piché Group and is located less than 1 kilometre south of Agnico-Eagle’s Lapa gold mine (2.1 million tonnes in proven and probable reserves at a grade of 6.0 grams per tonne of gold, for 395,000 ounces of gold), which has been in commercial production since May 2009.
Nexus Gold Corp. (TSXV:NXS) is currently drilling on the Walker Ridge Gold Project in Nevada - a multiple target, Carlin-type gold exploration property. They have recently submitted an expanded Plan to increase the current 8 pad plan to 29 drill pads.
Connect here and don't miss their next catalyst!Learn More