Highly prospective property with very limited drilling completed to date.
A planned $1.3 million drill program in early 2018 to test the Rusty trend was deferred due to delays in obtaining a drill permit from the Manitoba government and a request from the Bunibonibee Cree Nation to complete a comprehensive exploration agreement.
In December 2018, Big Ridge received a conditional work permit to carry out exploration programs consisting of line cutting, ground geophysics and 3,000 m of diamond drilling, subject to first completing a Heritage Resource Impact Assessment (HRIA) study satisfactory to the Historic Resource Branch of Manitoba Sport, Culture and Heritage. Requests for tenders from several archaeological consultants that support "Best Practices" in consultation with First Nations have been obtained. Subject to certain conditions, it is anticipated that the HRIA will be completed in early 2021.
Big Ridge signed a long-term exploration agreement with the Bunibonibee Cree Nation (BCN) in October 2020. This agreement provides long-term certainty of tenure to ultimately advance the Oxford Gold Project to the Bankable Feasibility Study Stage. The agreement enhances BCN and Big Ridge's existing relationship of mutual respect and demonstrates that Manitoba is a jurisdiction in which the untapped mineral potential can be explored and developed for the benefit of all stakeholders.