| Festival Project |
|
Festival |
|
Country |
Canada
|
|
Province |
Ontario |
|
|
|
Close to |
Wawa |
|
Status |
EARLY DISCOVERY
|
|
|
|
Surface |
101 km² / 24,957 acres |
|
|
|
Latitude / Longitude |
48 N 13 / 84 W 46 |
|
|
|
|
Legends
|
|
|
|
|
|
|
|
|
|
| Risk and valuation analysis of the Festival Project |
| Status Risk : Early discovery |
| |
|
|
|
|
|
|
|
|
|
|
|
|
| Title(s) of the Festival Project |
 | Goldcorp Inc.
Joint venture: 50% |
 | | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
|
 | Pele Mountain Resources Inc
Owner: 50% |
| | | | |
| Title | Company Profile | All Projects | Company website | Company project page |
|
| 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...
|
| |
|
|
|
|
|
|
|
|
| Discoveries and Drilling Results | |
|
|
|
Data last updated on : 1/9/2008
|
|
Disclaimer
|
|
All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
|
|
|
|
|
