Risk and valuation analysis of the GOLDBORO Project |
Status Risk : Advanced discovery |
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Title(s) of the GOLDBORO Project |
| Orex Exploration Inc. Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Orex has owned a 100% interest since 1988. |
| Osisko Mining Corp. Option on interest: 50% |
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Title | Company Profile | All Projects | Company website | Company project page |
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In order to acquire a 50% undivided interest in the Goldboro Gold Property on or before September 29, 2013 (the Initial Option), Osisko Mining Corporation shall incur exploration and development expenditures in the amount of at least $1,500,000 on or more... |
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Location of the GOLDBORO Project |
Located along the eastern shore of Nova Scotia, approximately 185 kilometres northeast of Halifax, the property is accessible by a 2.5 kilometre gravel road from the paved, all-weather Highway 316 which links the village of Goldboro to the town of Antigonish.
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History of the GOLDBORO Project |
The Goldboro Property historical database is in excellent shape. More than 110 technical documents exist, mostly dating from the 1980’s and early 1996’s, incorporating information on geology, mineralization, exploration work, and metallurgical and pr more...
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Geology of the GOLDBORO Project |
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The Goldboro property is entirely underlain by sedimentary rocks of the Goldenville Group, which consist of altered greywacke, sandstone (arenite) and slates. Four distinct mineralized bodies have been identified at Goldboro: the Main, Richardson, Ea more...
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