The Gowganda West Property Opportunity in the shadow of headframes
The explorationist’s mantra is: “To first look for new deposits in the shadow of existing head frames.” That is how most of the famous multi-million ounce mining camps sprang to life. IMR has acquired very prospective ground that has seen almost no exploration. It is on trend with a multimillion ounce resource now held by Pan American Silver.
This project has been effectively ignored for various reasons but mainly because the property appears to be underlain by barren meta-sedimentary rocks. In addition, much of the property is covered with a thin layer of overburden and most of the detailed geology is inferred.
Upon closer inspection prospectors and geologists have determined that some of the geology was not mapped correctly and the underlying rocks are much more favourable for precious metal mineralization.
Work to date has already highlighted mineralization in rocks known to host gold deposits in the prolific Kirkland Lake gold Camp. In addition, the company has identified an apparent 6km north-south trend.