Festival Project
Country Canada 
Province Ontario
Close to Wawa
Surface 101 km² / 24,957 acres
Latitude / Longitude 48 N 13 / 84 W 46
Print Valuation Travel To Property All neighbouring Properties Mines and deposits nearby All active properties nearby
Explores for Diamonds -
Last updated on 11/13/2010 - Terms of Use
Risk and valuation analysis of the Festival Project
Status Risk : Early discovery
Country Risk : Very Low
Title(s) of the Festival Project
Goldcorp Inc.
Joint venture: 50%
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Pele Mountain Resources Inc
Owner: 50%
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Festival is a 50-50 joint-venture between Pele and Goldcorp Inc. Following the bulk sample program, Goldcorp had funded sufficient work to earn a 50-percent undivided interest in Festival from Pele. In December 2006, in accordance with terms of the  more...
Location of the Festival Project
The Festival diamond project is located 25 kilometres north of Wawa along the Trans Canada Highway. The project holds the mineral rights of a 101-square kilometre patented land package where bulk sampling has recovered commercial size and gem quality diamonds within a suite of ultramafic rocks exposed in intermittent outcrop along a stratigraphic horizon that extends for more than five kilometres
History of the Festival Project
In late-2005, Goldcorp Inc. funded a 500-tonne bulk sample program at Festival, consisting of a 300-tonne sample from the Cristal occurrence and two 100-tonne samples from the Deutz occurrence (one each from Upper and Lower stratigraphic layers). Cri more...
Data last updated on : 1/9/2008
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