| Risk and valuation analysis of the Elder mine |
| Status Risk : Advanced discovery |
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| Title(s) of the Elder mine |
 | Abcourt Mines Inc.
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Elder Mine property is 100 % owned by Abcourt. There are several small royalties payable on different parts of the Elder property |
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| Location of the Elder mine |
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The Elder mine property is located 10 km northwest of
Rouyn Noranda, Quebec.
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| History of the Elder mine |
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Following the first discovery of Gold bearing quartz veins
in 1933, extensive drilling was undertaken. Elder Gold Mines acquired the property in 1944 and started to mine it. Aunore Resources were the subsequent owners. In 1989, after reviewing the data from Aunore's drill program, SNC validated the company's ore resources for the Elder Mine.
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| Geology of the Elder mine |
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The Elder gold deposit lies within the largely granodioritic Flavrian batholith which covers 130 square kilometres and hosts the Elder deposit towards the southeastern margin and the past producing Eldrich deposit six kilometres towards the northwest more...
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