Gossan Resources Ltd

Published : February 26th, 2018

Gossan Drilling Underway at Sturgeon Lake VMS Zinc Project

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Keywords :   Copper | Diamond | Georgia | Gold | Lead | Management | Massive | Metal | Silver | Target | Zinc |

Gossan Drilling Underway at Sturgeon Lake VMS Zinc Project

Winnipeg, Manitoba--(Newsfile Corp. - February 26, 2018) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) has commenced drilling at its highly prospective Sturgeon Lake property, located in the eastern part of the historic zinc-rich polymetallic Sturgeon Lake VMS Camp of Northwestern Ontario. Four distinct high-priority, multi-parameter volcanogenic massive sulphide (VMS) target areas will be tested with a diamond drill program of up to 2,000 metres.

Gossan's Sturgeon Lake Property is comprised of a 14-claim block, totaling 3,088 hectares, which lies directly along strike and to the east of six historic VMS deposits. Management believes its Sturgeon property has the potential to host a significant zinc-copper-silver-rich VMS deposit, similar to those mined from 1970 to 1991 in the renowned base-metal camp, and which accounted for approximately 18.7 million tonnes of ore, with average grades of 8.0% zinc, 1.1% copper, 0.8% lead, 120 g/t silver and 0.5 g/t gold.

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Gold and Silver Prices for these countries : Georgia | All

Gossan Resources Ltd

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CODE : GSS.V
ISIN : CA3834151068
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Gossan Resources is a nickel and zinc exploration company based in Canada.

Gossan Resources holds various exploration projects in Canada.

Its main exploration properties are MANIGOTAGAN, ANGELINA, INWOOD MAGNESIUM, PIPESTONE LAKE, SEPARATION RAPIDS, SHARPE LAKE, BIRD RIVER - NI ZONE, BIRD RIVER - ZN & CU ZONE, BIRD RIVER - PAGE BLOCK, ANGELINA - GOSSAN, INWOOD and KISKITTO - GOSSAN in Canada.

Gossan Resources is listed in Canada, in Germany and in United States of America. Its market capitalisation is CA$ 2.0 millions as of today (US$ 1.4 millions, € 1.4 millions).

Its stock quote reached its highest recent level on April 04, 1997 at CA$ 2.89, and its lowest recent point on December 12, 2014 at CA$ 0.01.

Gossan Resources has 33 170 400 shares outstanding.

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Project news of Gossan Resources Ltd
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2/25/2012Receives Bird River Project Withdrawal Notice from Stillwate...
2/6/2012Receives a New Offer for the Sale of Its Equity Interest in ...
9/23/2011Receives an Offer for the Sale of Its Equity Interest in The...
9/9/2011Options Vermillion Gold Property
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3/2/2009(Bird River - Page Block)Initial Drill Results From Gossan-Marathon's Bird River Proj...
2/3/2009(Bird River - Page Block)Drilling Underway at Gossan-Marathon's Bird River Project
1/15/2009(Bird River - Page Block)Two NI 43-101 Resource Estimates Completed At Gossan
7/16/2008(Bird River - Page Block)Ore Fault North Zone Resource Development Drilling Hits...
5/26/2008(Bird River - Page Block)Resource Development Drilling at Gossan’s Bird River Propert...
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Corporate news of Gossan Resources Ltd
7/9/2015Gossan Appoints New Director to Board
4/10/2015Gossan Appoints Chief Financial Officer
4/10/2015Gossan Grants Stock Options
12/17/2014Early Warning-Gossan CEO Shareholdings Exceed 10% of Shares ...
12/14/2014Gossan Receives the second $350,000 Manigotagan Payment from...
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6/17/2014Gossan Receives $350,000 Manigotagan Payment from Claim Post
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3/15/2014Gossan Grants Stock Options
7/31/2012Magnesium Article
7/11/2012Presents Paper on Primary Magnesium Process at 9th Internati...
5/22/2012"Developments in Gossan's Magnesium Project" Paper Presented...
4/25/2012to Present Paper on Proprietary Magnesium Technology at Glob...
4/23/2012Independent Study Concludes Automotive GHG Emissions Can BeM...
8/10/2010Gets Excellent Results from The Claims Network Inc.
5/5/2010Undertakes Silica Sand Marketing Study
4/27/2010Concludes Phase III Zuliani Magnesium Process Bench Scale Te...
10/2/2009Engages T2W Market Liquidity
10/2/2009Elects New Director at Annual Shareholders Meeting
9/29/2009More Positive Results for Gossan's Zuliani Magnesium Process
6/12/2009Partner Provides Coppermine Drill Results at the Bird River ...
3/2/2009Conducting Magnesium Testwork At Process Research ORTECH
7/18/2008New Director Appointed & Options Granted
5/28/2008Ore Fault North Zone Resource Development Drilling Hits 15m ...
5/12/2008News Release
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