The Moosehead Gold District Project, consisting of the Moosehead North and Moosehead South claim groups, is located within a northeast-trending belt of Silurian volcanic, volcaniclastic and sediment rocks. The project has considerable coverage of the large regional fault structure located in the area. The Project consists of 228 claim units representing exclusive exploration rights to approximately 5,700 hectares.
The Project tenures are adjacent to and on trend with the mineral licence hosting Sokoman Iron Corp.’s recently announced discovery hole – with an assay result of 44.96 grams per tonne over 11.90 metres by way of drill hole MH-18-01 from 109 metres to 120.90 metres. True thickness is believed to be 80 per cent of core length.
A Phase 1 Exploration Program on the Moosehead Properties will include a first pass prospecting program to verify known showings (Sugar Mountain) and attempt to identify additional showings of interest.