Gold Exploration in Canada’s Golden Triangle
ArcWest Exploration Inc (TSXV:AWX) (previously Sojourn Exploration Inc) holds two properties in British Columbia, Canada through an option agreement with Millrock Resources Inc: Willoughby and Oweegee Dome. These properties are both situated on the eastern border of the Golden Triangle region located in the northwest of the province.
The Golden Triangle is a remote and mountainous area of British Columbia which sits on the border of Alaska’s panhandle. Interest in this area has existed since the second half of the 1800s and it is renowned for significant findings that took place in the 1900s including the Eskay Creek and Snip deposits. While the Golden Triangle was previously hindered by a lack of infrastructure and a heavy glacier presence, recent developments in infrastructure including roads and power lines as well as receding glaciers have inspired new exploration initiatives.
Thanks to new infrastructure, new discoveries in the area, higher gold prices and maturing production, the Golden Triangle is stepping into a new age of growth and production.
- Strong focus on creating value for shareholders by increasing the value of properties and entering promising joint venture opportunities.
- Two prospective gold projects in a profitable jurisdiction in Canada ranked in the top 30 attractive mining investment regions worldwide by the Fraser Institute.