| Risk and valuation analysis of the Jubilee Project |
| Status Risk : Advanced discovery |
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| Title(s) of the Jubilee Project |
 | Merrex Gold
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Merrex’s interest in the Jubilee zinc/lead deposit includes an option agreement to acquire 100% ownership in the Project. |
 | Frontline Gold Corp.
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The TSX Venture Exchange issued final approval to both Frontline and Merrex Gold Inc. ("Merrex") for the sale of Frontline's 50% interest in the Jubilee Zinc Lead Project and related surface rights to Merrex for $500,000, to be paid by the issuance o more... |
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| Location of the Jubilee Project |
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Jubilee Property consists of 189 contiguous claims in the Little Narrows area of Cape Breton Island, in Nova Scotia, Canada.
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| History of the Jubilee Project |
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High-grade mineralization was first discovered in outcrop at Jubilee in 1927. Early work consisted of trenching and two short adits; samples recovered from one of the adits are reported to have assayed as high as 33% Zinc and 12% lead over 1.6 meters more...
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| Geology of the Jubilee Project |
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The Jubilee Deposit is a stratabound zinc-lead-barite deposit, analogous to “Irish style” and Mississippi Valley Type (MVT) base metal deposits. Ore grade mineralization at Jubilee is carbonate-hosted, with galena and sphalerite occurring as replacements of host rock and breccia matrix phases, locally accompanied by barite.
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