|Ownership & Size:||
Big Ridge – earning up to 80%
Advanced Exploration: The property hosts the Hope Brook deposit that consists of the Mine Zone and 240 Zone. The Hope Brook deposit is open along strike and at depth.
Hope Brook NI 43-101 Resource Estimate (2015)* 3.0g/t cut off
The NI 43-101 Resource Estimate for the Hope Brook Gold Deposit was SEDAR filed on June 8, 2021. Mineral Resources are not Mineral Reserves and by definition do not demonstrate economic viability. Nick Tintor, P. Geo., a Qualified Person under the provisions of National Instrument 43-101, has reviewed and approved the technical information described herein.
|Location & Infrastructure||
Southwest coast of the island of Newfoundland, in the Province of Newfoundland and Labrador, Canada. The property hosts a 28-person camp, existing tails storage capacity, a 1,100m airstrip and is connected to grid power.
BP-Selco made the Hope Brook discovery in 1983 and the mine was put into production in 1987. The Hope Brook Mine operated from 1987 until 1997 and produced 752,163 ounces of gold during that time.