Risk and valuation analysis of the McKenzie Island Project |
Status Risk : Green exploration |
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Title(s) of the McKenzie Island Project |
| Cypress Development Corp. Joint venture: 80% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Cypress Development Corp. holds an 80% interest in the 5,100 acres McKenzie Island gold property in the Red Lake greenstone belt of north-western Ontario. Skyharbour Resources Ltd. (TSX.V: SYH) owns the remaining 20% interest. |
| Skyharbour Resources Ltd. Interest: 20% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the McKenzie Island Project |
The McKenzie Island property is located west and adjacent to Gold Eagle Mines (TSX: GEA) property, where a major successful drill program is currently underway. The project is on strike with the Goldcorp (TSX: G) producing Red Lake and Campbell gold mines 7km to the east.
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