Moss Lake Property

Moss Lake has 1.47 M oz of Indicated and 2.51 M oz of Inferred historical gold resources on the property

Under-drilled gold asset with infill and expansion drilling necessary

20+ km long mineral trend with multiple other mineralized zones and targets ready for follow-up

8+ km IP expression associated with the Moss Lake Deposit only delineated over 2.5 km 

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Map of Moss Lake Deposits

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Extensive Historical exploration work already completed on the property with plans for accelerated development

timeline

Late 1800’s to 1950

First generation of prospecting results in the discovery multiple high-grade gold occurrences and the North Coldstream Cu-Au-Ag Deposit, 2.7Mt of production at 1.89% Cu, 0.56 g/t Au, 5.59 g/t Ag

timeline

1970’s

Gold exploration intensifies with Falconbridge Exploration of the Snodgrass Lake prospect

timeline

1985

Original Moss Lake Deposit showing stripped and washed by Tandem/Storimin JV

timeline

1986-1990

Extensive drilling and 1,000 m of underground development work completed by several groups, first resource estimates and metallurgical work

timeline

1990’s

Moss Lake Gold Mines completes 17 hole drilling program in 1996, multiple geophysical surveys, and historic data compilation study

timeline

2000’s

Moss Lake Gold Mines continues exploration with several modest drill campaigns and further geological and geophysical surface programs, updated resource estimate in 2010

timeline

2010’s

PEA completed by Moss Lake Gold Mines in 2013, ownership amalgamated by Wesdome Gold Mines in 2014 with Coldstream and Hamlin properties acquired in 2016, further exploration and drilling programs in 2016 and 2017 confirmed extensions of mineralization along strike*

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Moss Lake Historical Drill Hole Highlights¹

Floating Item

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¹ Drill hole composites based on a cut-off grade of 0.3 g/t Au and may include up to 10m of internal dilution. The data disclosed here relating to drilling results is historic in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work will include verification of the data.

Moss Lake Deposit*

 

  • 108,000 m in 376 holes between 1983 and 2017
  • 1.44 g/t Au over 72.8 m (89-172)
  • 1.19 g/t Au over 163.1 m (87-101)
  • 1.30 g/t Au over 178.6 m (87-100)

Iris Lake Deposit*

  • 5,600 m scout drilling in 2011
  • 11.4 g/t Au over 7.9 m (IL-11-02)
  • 254 g/t Au over 0.5 m (IL-11-12)
  • 1.28 g/t Au over 29.7 m (IL-11-20)

East Coldstream Deposit*

  • 38,000 m in 139 holes between 1988 and 2017
  • 4.86 g/t Au over 27.3 m (C-10-15)
  • 1.12 g/t Au over 111.3 m (C-10-16)

Hamlin Zone*

  • 9,000 m in 26 holes between 2008 and 2011
  • 0.90 g/t Au and 0.35% Cu over 150.7 m (HAM-11-74)

Historical mineral resources and production on the property

Historical mineral resource table

Moss Lake Deposit resource estimate is based on 0.5 g/t Au cut-off grade for open pit and 2.0 g/t Au cut-off grade for underground resources

East Coldstream Deposit resource estimate is based on a 0.4 g/t Au cut-off grade

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Moss Lake Exploration Potential*

Floating Item

20+ km Moss Lake Trend
remains highly prospective

8 km zone of IP anomalies marks the prospective trend around the Moss Lake Deposit

7 km of the trend between Moss Lake and East Coldstream significantly underexplored

Multiple gold occurrences ready for follow up work

Click here to view disclaimer regarding Historical Resources and Production

1 Drill hole composites based on a cut-off grade of 0.3 g/t Au and may include up to 10m of internal dilution.

The data disclosed here  relating to drilling results is historic in nature. Neither the Company nor a qualified person has yet verified this data and therefore investors should not place undue reliance on such data. The Company’s future exploration work will include verification of the data.

Infrastructure building underway

Base of operations established at Kashabowie just off Highway 11

Grid power, telecommunications and utilities already established

Will facilitate all-year operations without the need for camp establishment on site

Logging shed / office built

Core shack and external logging tables to be built

Inventory created of historic drillcore at Shebandowan and Coldstream (includes relabeling of old boxes)

Currently creating inventory of historic core at Moss Lake

Soon to move selected holes to Kashabowie for relogging and creation of a rock library

Qualified Person

Peter Flindell, MAusIMM, MAIG , Vice President, Exploration of the Company, a qualified person under NI 43-101 has approved the scientific and technical information contained in the website.

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