| Risk and valuation analysis of the MUD LAKE Project |
| Status Risk : Brown exploration |
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| Title(s) of the MUD LAKE Project |
 | Wescan Goldfields Inc.
Interest: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| In June of 2007, Wescan Goldfields Inc. entered into an option agreement with Alto Ventures Ltd. (Alto), (ATV: TSX-V). Under the terms of the agreement, Wescan has an exclusive and irrevocable option to acquire an undivided 50% interest in Alto’s Mu more... |
 | Alto Ventures
Joint venture: 50% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| Joint Venture with Wescan Goldfields |
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| Location of the MUD LAKE Project |
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Elmhirst Township, approximately 25 km northeast of Beardmore, Ontario
North of the Brookbank Property owned by Ontex Resources and south of the Hercules Property operated by Kodiak Exploration
Access by Secondary Provincial Highway Number 801 and old logging roads
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| History of the MUD LAKE Project |
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The Beardmore-Geraldton Gold Belt has historically produced over 4.1 million ounces of gold. Exploration work on the property dates back to the 1930's and consisted of mainly prospecting, ground geophysical surveying and trenching. In the late 1980 more...
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| Geology of the MUD LAKE Project |
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6 km long shear zone (Mud Lake Shear) cutting through Archean age Coyle Lake felsic intrusive
Alteration of sheared rock includes sericite, carbonate, silica, chlorite, pyrite, magnetite and hematite
Gold mineralization is associated with quartz more...
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