Risk and valuation analysis of the Garrison Project |
Status Risk : Advanced discovery |
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Title(s) of the Garrison Project |
| Northern Gold Mining Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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On 19 January 2009 Northern Gold Mining Inc signed a letter of intent with Valgold Resources Ltd. to earn up to an 80% interest in the Garrison gold property. |
| Valgold Resources ltd. Net Smelter Return: 2% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the Garrison Project |
The Garrison gold property is located in Garrison Township, 40 kilometres north of Kirkland Lake and 100 kilometres east of Timmins, Ontario.
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History of the Garrison Project |
Between 1985 and 1992 Jonpol Explorations Ltd. completed 80,604 metres of surface BQ core drilling in 300 holes, sunk a 184 metre inclined shaft with 185 metres of cross cut and drill stations, performed 4,747 metres of AXT drilling in 42 holes, 147.8 metres of drifting on the 150 metre level in the Main JP Zone, and bulk sampling of the JP zone.
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Geology of the Garrison Project |
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The Garrison property is situated within the central portion of the Abitibi Greenstone Belt that extends from Timmins, Ontario to Chibougamou, Quebec. Rocks comprising this belt include an assemblage of Archean aged, metamorphosed, volcanic, sediment more...
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