- Highly prospective and underexplored claims for gold/base metal deposits
- King’s Point has a vast history of mineral exploration and development and once boasted the title of “Top Copper Producer in Canada”!
- The area has a long history of Gold and high-grade Copper production.
- Area heating up with Commander Resources / Maritime Minerals drilling the nearby Orion Gold Deposit and new discoveries made in the Hammerdown Gold Mine area.
- Excellent existing infrastructure including a functional mill, numerous drill companies, skilled work force, analytical laboratories all nearby.
Significant Land Position in Prolific Mining District of Newfoundland, Canada.
Our team has identified – King’s Point – as one of the best low-risk mining opportunities in North America. The last time the Rendall-Jackman mine was in production, Gold was at US$40 an ounce. At current Gold prices this mine is low-risk, high upside proposition.
NORTH BLOCK –53 Claims
- Contains historic Rendall-Jackman Poly-metallic VMS (Volcanogenic Massive Sulfide ore deposits) Deposits, Golden Anchor Au-Cu Prospectand high priority Beetle Pond VMS target
- Lies less than 200 meters along strike From Lochinvar Poly-metallic VMS Deposit held by Commander Resources
HIGHLIGHTS:
The government in the province of Newfoundland offers generous incentives, with each claim being able to apply for grants in cash for drilling and geological work.
SUMMARY:
Low risk, proven historic reserves, excellent infrastructure, friendly and safe jurisdiction.
