Pic River
Mining
Type
Exploration
Status
🇨🇦 Canada, Ontario
Country
Project information
Aggregation level:
Asset
Aggregation level:
Asset
Report standard:
Ni 43 101
Report standard:
Ni 43 101
Ownership %:
100
Ownership %:
100
Operator:
Yes
Operator:
Yes
Extraction:
-
Extraction:
-
Description
Gold exploration property ~10 km east-southeast of Marathon along Highway 17 in northwestern Ontario, ~15 km west along strike from the Hemlo Gold Mine on the same east-west mineralized trend proximal to the Hemlo Shear Zone, hosting similar stratigraphy including barite beds associated with Hemlo ore zones. Held with the Pine Grove property as a 129-claim block subject to a 2% NSR. A ground magnetic survey was completed in 2021; the property was written down with near-term expenditures intended only to satisfy assessment requirements. No mineral resource has been defined.
Mining metrics
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