Risk and valuation analysis of the Destiny Gold Project |
Status Risk : Advanced discovery |
|
|
|
|
|
|
|
|
|
|
|
Title(s) of the Destiny Gold Project |
| Alto Ventures Owner: 100% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
|
| Pacific North West Capital Corp. Option on interest: 60% |
| | | | |
Title | Company Profile | All Projects | Company website | Company project page |
|
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. |
|
|
|
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.
|
|
Geology of the Destiny Gold Project |
|
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...
|
|
|
|