Risk and valuation analysis of the Croesus Project |
Status Risk : Past producer |
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Location of the Croesus Project |
Located 90 kilometers east of Timmins, Ontario and within the influence of the prolific Porcupine-Destor Deformation zone (PDDZ) that stretches from west of Timmins, Ontario into the province of Quebec.
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History of the Croesus Project |
The former Croesus Gold mine is known for having produced some of the highest grade gold mined in Ontario. The Ontario Bureau of Mines (1919) reported that “765 pounds of ore taken from a portion of the shaft yielded $47,000 worth of gold”. This repr more...
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Geology of the Croesus Project |
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The Croesus Gold property consists of 3 claim blocks and one isolated claim that lie along and between 2 major fault zones that are probably splays of the main Porcupine-Destor Fault that forms part of the PDDZ. The Timmins-Porcupine gold camp situat more...
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