Ashuanipi project

Property

Ashuanipi Consists of 3,431 Claims in Eight Claim Blocks Covering Approximately 896 square kilometres.

Location

35 km southwest of Schefferville, Quebec.

Infrastructure

Town of Schefferville is an old iron mining town has an airport with daily flights to Quebec City. Linked by rail to the port town of Sept Isles to the south.

Summary

Exploration targeting iron formation hosted gold in metamorphic rocks of the Archean age Ashuanipi Complex in Labrador. Similar setting to known gold occurrences in the Quebec portion of the Ashuanipi Complex.

Ownership

Option to earn 100% interest subject to cash and share payments and a 2% net smelter return royalty.

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