| Risk and valuation analysis of the Favourable Lake Project |
| Status Risk : Green exploration |
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| Title(s) of the Favourable Lake Project |
 | Gold Canyon Resources Inc
Owner: 100% |
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| Title | Company Profile | All Projects | Company website | Company project page |
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| The Company acquired 100% interest in the Favourable Lake; silver-gold-base metal property in August 2005. |
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| Location of the Favourable Lake Project |
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The property is situated immediately north and
west of Favourable Lake within the Borland Lake and Favourable Lake (North) townships, Red Lake
Mining Division, northwestern Ontario, Canada. It is accessible by air from the town of Red Lake which is
located approximately 201 km (125 miles) south of the property.
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| History of the Favourable Lake Project |
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The property has a long exploration history since the discovery of the Murray-Stewart silver-lead-zinc
showing in 1929 and, later, Noranda’s Borland Lake silver-gold-lead-zinc discovery in 1961. Since then
several major and junior exploration compa more...
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| Geology of the Favourable Lake Project |
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The Middle to Late Archean-age Favourable Lake–Setting Net Lake greenstone belt of deformed and
metamorphosed volcanic, volcaniclastic and sedimentary rocks underlie most of the property. This
greenstone belt trends northwesterly along the northeas more...
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