Needle Project
Needle
Country Canada 
Province Nonavut
Close to Yellowknife
Status PAST PRODUCER 
Surface 209 km² / 51,649 acres Number of claims 2
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Produces
Develops
Explores for Gold -
Last updated on 4/14/2010 - Terms of Use
Risk and valuation analysis of the Needle Project
Status Risk : Past producer
Country Risk : Very Low
Title(s) of the Needle Project
Terra X Minerals Inc.
Interest: 60%
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Pursuant to an Option Agreement dated August 19, 2007 the Company has an option to acquire up to a 60% interest in the Needle Lake Property from Kaminak Gold Corporation.
Location of the Needle Project
The project is located approximately 460 km northeast of Yellowknife, 200 km southeast of the Lupin Mine owned by Wolfden Resources Inc., and 70 km south of the George and Goose Lake deposits owned by Dundee Precious Metals Inc.
 
History of the Needle Project
The Needle property has had limited previous exploration, the last major phase of which occurred in 1990 when drilling yielded mineralized intersections in three holes, including 9.46 g/t Au over 3.43 m in one hole and 11.58 g/t Au over 2.02 m in another.
 
Data last updated on : 4/14/2010
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