GOLD DISCOVERY IN HISTORIC GOWGANDA SILVER-COBALT CAMP, ONTARIO.
PROJECT SUMMARY
Gold discovery made by Transition Metals in 2010, less than 1 km from a paved highway.
In the heart of the historic Gowganda silver-cobalt camp (~125 km south of Timmins, Ontario).
Widespread gold mineralized system over a strike length of 1.25 km.
Visible gold at surface with highlights including: 97 g/t gold over 40 cm (channel sample), 2.4 g/t over 7.1 m and 82.5 g/t over 0.4 m (drill program, within 35 m of surface).
100% owned 87 km² property covering prospective sections of the Ridout structure.
Along trend, 100 km to east from IAMGOLD’s Cote project.