Risk and valuation analysis of the Destiny Gold Project |
Status Risk : Advanced discovery |
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Title(s) of the Destiny Gold Project |
![](http://www.24hgold.com/24hpmdata/pub/alto.gif) | Alto Ventures Owner: 100% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company website Company website](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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![](http://www.24hgold.com/24hpmdata/pub/pacificnorth.gif) | Pacific North West Capital Corp. Option on interest: 60% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company website Company website](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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PFN can earn a 60% interest in the Destiny Gold Property over a four year period by completing $3,500,000 in exploration expenditures, paying Alto Ventures Ltd $200,000, and providing Alto with 250,000 common shares of PFN. Subsequent to vesting of its interest, PFN will form a joint venture with Alto to further develop the project. |
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Location of the Destiny Gold Project |
The Destiny Gold Project is located approximately 75 km north of Val d'Or in the Abitibi-Témiscamingue region of Québec.
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Geology of the Destiny Gold Project |
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The Destiny Gold property is underlain by Archean metavolcanic and metasedimentary rocks of the Abitibi Greenstone Belt. A regional scale structure, the Despinassy shear zone, transects the property. High grade gold mineralization occurs in quartz ve more...
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