Timmins South

An early stage exploration project adjacent to the Dome Mine in the world class Timmins gold camp in Northeastern Ontario (formerly called Golden Perimeter)

Snapshot

Location Timmins, Ontario, Canada
Ownership 100%
Status Available for option - drill program completed in winter 2020
Deposit Type Intrusion-associated disseminated gold/sulfide (Main Block); Iron formation-associated gold (Shaw Block)
Property Size Main Block: 102 square kilometers (39 square miles); West Block: 16 square kilometers (6 square miles); Shaw Block: 68 square kilometers (26 square miles)
Host Rock Main Block: Monzonite intruded into lower Tisdale komatiites and mafic volcanic rocks on the south edge of the Shaw dome; Shaw Block: Deloro intermediate volcanics and iron formation, which is unconformably overlain by Tisdale tholeiitic mafic to intermediate volcanics and lesser felsic/intermediate volcanics and komatiitic ultarmafic flows in the core of the Shaw Dome
Age Precambrian (Neoarchean)
Main Economic Elements Gold

Location Map

Overview

The Timmins South property is located immediately south of the Porcupine-Destor Break and 7 kilometers (4.3 miles) southeast and bordering Newmont's Dome Mine property

History

This project includes several well-known high-grade gold occurances. At the Bay Lake gold showing as 12-meter shaft was sunk in the 1930s on a 1.37 meter wide quartz vein, which returned composite samples of 150.8 g/t gold, 43.2 g/t gold and 35.17 g/t gold and historic grab samples of 766.2 g/t gold and 229.7 gt gold (reference Ontario Geological Survey Inventory Record MDI42A06NE0017). * Note - grab samples by their nature are selective and not necessarily representative of the mineralization hosted on the property.

Exploration

  • Summer 2022 exploration program consisted of ground-truthing locations of historic drill collars, prospecting and geological mapping to follow up on historic surface sampling and drilling to generate targets for follow-up work.
  • Samples contained elevated gold values along the southwest margin of a southeast striking iron formation at the Bay Lake and Turner showings.
  • The 2022 rock sample grading 300g/t gold supports the potential for high-grade gold in quartz-veined iron formation.

Status

Seeking earn-in Joint Venture partnerships.



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