Bounty Gold Corp

Metals/Mining - Red Lake, ON, CA

Bounty Gold Corp Details

Bounty Gold Corp has 100% interest in approx. ~25,000 Ha of mineral claims in Northwestern Ontario, primarily within the prolific Red Lake Mining District. Bounty Gold Corp now holds one of the largest land packages in the Red Lake area. Bounty Gold Corp also has property contiguous to Goldcorp (Newmont) in Musselwhite, and First Mining Gold's Springpole Project on Birch Lake.Our flagship Laird Lake Property, at 3,070 Ha, is cut by a ~500 m wide deformation zone, postulated to be a previously unrecognized extension of the Flat Lake-Howey Bay Deformation Zone, host to the ~2.4M ounce Madsen Mine which being is actively being advanced toward production by Pure Gold Mining. Recent work by BGC and Lakehead University confirm the presence of 2.96 Ga Balmer Assemblage metavolcanics, including the important contact with 2.44 Ga Confederation Assemblage metavolcanics. Deformation, mineralization and gold showings (up to 140.6 g/t Au) show strong correlation with proximity to the structural unconformity between Balmer and Confederation age rocks. The Madsen-Medicine Stone Claim Group is on strike and contiguous to Pure Gold's Madsen-Starratt exploration project. Recent drilling by Pure Gold on their prospective Wedge Zone is being done only 900 m east and on strike of the property boundary. The Mount Jamie North Claim Group occupies the northwest limb of a major structural fold along the St.Paul Bay-Pipestone Bay Deformation Zone. It is along strike of four historic mine shafts, the closest of which lies only 300 m east of the claim boundary.Outside of the Red Lake Greenstone Belt, BGC controls 2,145 Ha of unpatented mining claims on strike of Goldcorp's Musselwhite Mine. The Karl Zeemel Zone # 3 showing is on BGC property, and includes a 0.33 m channel sample grading 23 905 ppb Au. Goldcorp has recently commenced exploration on the remaining Karl Zeemel zones which are within several hundred meters NW of the property boundary.www.bountygoldcorp.com

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Employees: 5 - 9
HQ: 807-728-3323
Location: Red Lake, ON, CA
Revenue: Not Available
Mineral Exploration Gold Red Lake Mining District Prospecting
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