- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Purpose Bitcoin ETF
Silver47 Exploration
Syntheia
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Generic Gold
Exploring Highly Prospective Targets in the Yukon’s Tintina Gold Belt
Overview
Generic Gold Corp. (CSE:GGC) is a junior exploration company that owns multiple, well-positioned properties in the Tintina Gold Belt in the Yukon, Canada. Based on recent discoveries, the Yukon Territory is undergoing a second gold rush, which has prompted government funding initiatives and mining-friendly policies for early stage permitting. High grade gold discoveries have attracted numerous active mining companies that might indicate further discoveries and merger and acquisition opportunities in the future.
Generic Gold owns nine properties that total 39,820 hectares of land in the Yukon. All of the company’s projects have been prioritized for exploration, but the company’s focus is on developing the VIP and Goodman gold projects. The VIP property is approximately 25 kilometers from Goldcorp’s (TSX:G) Coffee Gold deposits, which host proven and probable reserves of 2.16 million ounces of gold, an indicated resource of 780,000 ounces and an inferred resource of 1.15 million ounces. The VIP property is along trend and showing similar geology and structures to the Coffee Gold deposits.
The Goodman project is located on the same mineralization fault trend that the Victoria Gold Corp’s (TSXV:VIT) Eagle Gold deposit sits upon. The Victoria’s Eagle deposit hosts a measured and indicated resource of 3.6 million ounces gold and an inferred resource of 276,000 ounces gold. Generic Gold is also conducting exploration on their additional properties and will be drilling on the VIP and Goodman properties during the summer of 2018.
Generic Gold Corp. Company Highlights
- Nine projects in the developing jurisdiction in the Yukon.
- VIP property is located proximally to Goldcorp’s promising Coffee Gold deposits.
- Goodman property is located on the same mineralized fault that Victoria Gold Corp’s promising Eagle deposit sits on.
- $600,000 set aside for exploration and drilling for summer 2018.
Interactive Chart
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.