Manitou Gold has grafted more property onto its Goudreau exploration project in northeastern Ontario.
In an Oct.22 news release, the Sudbury junior miner announced it’s closed the acquisition of the Dog Lake (3,800 acres) and Midas properties (5,500 acres), which now grows the company’s holdings to 15,900 acres, located just east of Dubreuilville and about 50 kilometres northeast of Wawa.
Geologically, the properties are situated within the Goudreau-Lochalsh deformation zone, which has seen significant investment in exploration and mine development activity over the past few years.
The western half of the zone is dominated by Prodigy Gold/Argonaut Gold’s Magino mine development project and Alamos Gold’s Island Gold Mine.
To the east are the past producing Edwards and Cline Mines. Grab samples collected on the Dog Lake property by the Ontario Geological Survey in 1983 returned assays ranging between 3.4 and 74.6 grams per tonne (g/t) gold.
More recent prospecting by Manitou Gold has led to the discovery of a new high-grade gold showing on the property where a grab sample returned an assay of 29.2 g/t gold.
On the Midas property, the previous owners performed work on two gold showings between 2011 and 2013 with local grids, geophysical surveys and limited drilling, which produced intersections of 5.9 g/t gold over 4.7 metres and 7.0 g/t gold over 2.0 metres.
Manitou Gold cautions that these samples do not reflect an accurate representation of the mineralization and grades on these properties and until additional exploration can be done to produce a mineral resource estimate. The company recently began mechanized trenching and stripping.
