Solstice Gold Announces Transformative Acquisition of globenewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globenewswire.com Daily Mail and Mail on Sunday newspapers.
GoldON Resources Ltd: GoldON Adds Fifth Property in Red Lake Gold District
Victoria, British Columbia (Newsfile Corp. - February 23, 2021) -
GoldON Resources Ltd. (TSXV: GLD) ( GoldON or the Company ) is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Red Lake North property (the Property ) located in the Red Lake Mining District of Northwestern Ontario.
The Property is comprised of nine contiguous mining claims covering 3,347 hectares (ha) and is located approximately 65 kilometres (km) north of the town of Red Lake. (see Figure 1). Access is excellent via Nungesser Road, an all-weather road that runs within 1.5 km of the northwestern corner of the Property and connects to Red Lake.
Solstice Announces Start of Heliborne Magnetic Survey at Red Lake Extension Project
Written by AZoMiningFeb 12 2021
Solstice Gold Corporation, a gold-focused exploration company that explores high-quality exploration assets in top-tier jurisdictions, reports that it has started a property-wide, high-resolution, 1102 line-km heliborne magnetic survey on its newly optioned Red Lake Extension project.
RLX property location map on shadow magnetic base. Image Credit: Solstice Gold Corporation.
The 50 m spacing of the survey will offer high-definition structural and magnetic data to support additional exploration on the project. This will supplement the present government (2008) electromagnetic and magnetic survey, which was flown at a spacing of 200 m and found 139 anomalies on the 33 km