Newfoundland

NEWFOUNDLAND PROPERTIES (Updated – 2024-01-10)

Island Pond

7 mining claims (the “Claims”) in Central Newfoundland, covering an area totaling approximately 175 hectares that is geologically mapped as a single unit of Cambrian-Ordovician siliclastic sediments trapped between a series of non-magnetic Devonian Plutons to the west and southeast. The plutons themselves are not considered to be of exploration interest but they could have altered the rocks around them. From the regional magnetic data, a strong magnetic trend exists within the siliclastics that is interpreted to be an unmapped volcanic intrusion. A preliminary structural interpretation, based solely on regional scale aeromagnetic surveys, suggests a multi-fold metamorphic history with a very high potential for repetition of stratigraphy within these newly staked claims.  The claims are on strike with the Spruce Ridge Great Burnt property.