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Apr 11, 2021
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Apr 05, 2021
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Overview
Cache Exploration (TSXV:CAY) is an exploration company specializing in the acquisition, exploration and development of gold projects in Nunavut, Canada. Focused on a true district play covering a majority of the Proterozoic Kiyuk Basin in Nunavut, the Kiyuk Lake gold property has significant open pit potential.
Cache Exploration’s Company Highlights
- Focused on exploring near-surface gold in Nunavut
- The company’s current primary property is Kiyuk Lake gold property, for which it has the right to 100 percent interest
- Kiyuk Lake gold property has gold showing extending over a distance of 15 kilometers in all directions
- The project has had about 14,000 meters drilled and 80 percent of all drill holes with good mineralization
- Cache is focused on doing a drill project in the coming winter-spring when it is cheapest to drill
- Cache considers this to be the best time to invest because the gold market is hot and the north has high-grade gold
- Cache has a strong management team and plans to bring on board additional management with industry experience
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