GERMAN PROPERTY Project
GERMAN PROPERTY
Country Canada 
Close to German twp
Status GREEN EXPLORATION 
Surface 10 km² / 2,441 acres Number of claims 61
Latitude / Longitude 48 N 34 / 80 W 53
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Last updated on 11/26/2010 - Terms of Use
Risk and valuation analysis of the GERMAN PROPERTY Project
Status Risk : Green exploration
Country Risk : Very Low
Title(s) of the GERMAN PROPERTY Project
Agnico-Eagle Mines Limited
Owner: 100%
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On March 30, 2005, Comaplex and other minority interest partners on the German property signed an option agreement with Laurion Gold Inc., whereby Laurion can earn up to an undivided 75 percent interest in the property by spending $1.75 million in exploration expenses and issuing 500,000 shares. The term of the deal is four years with required yearly minimum exploration expenditures.
Laurion Mineral Exploration Inc.
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Location of the GERMAN PROPERTY Project
The German Property occurs on the eastern extension of the Timmins camp just north of the Destor Porcupine Fault.
 
Geology of the GERMAN PROPERTY Project
The property hosts a three kilometer wide east trending suite of ankeritized and sericitized volcanics, up to 400 meters thick, bounded to the north and south by turbiditic sediments. Minor drilling along the southern sediment-volcanic contact returned highly anomalous gold values in the 100-600 ppb range, with a high of 11.0 gmt gold over 1.5 meters.
 
Discoveries and Drilling Results
3/18/2008announces drill targets identified from recently completed g...
Location
Data last updated on : 9/25/2009
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