The RLX property is the largest unexplored portion of the Red Lake greenstone belt. It is almost entirely covered by overburden and is underlain by extensions of rock units which host the neighbouring Red Lake Gold Mine operated by Goldcorp Inc. The largely underexplored Sky Lake property is within gold-rich terrain bounded by the historic, 2 million ounce Pickle Lake Gold District and the past producing Golden Patricia gold mine. There are known gold occurrences on the property which are being evaluated. The North Abitibi project is located only 40 kilometres west of the Casa Berardi gold mine within the Abitibi Greenstone Belt, one of the worlds most prolific metal-producing regions. The belt of rocks in this area is well endowed with gold and accords with the Companys strategy of identifying underexplored, large properties in well known mining regions. The Keewatin property represents an excellent opportunity to explore for gold and base metals with drill-ready targets in a very prospective and virtually unexplored terrain. BHP Billiton Plc., the worlds largest diversified mining company, identified the potential of the area through their Canada-wide regional exploration efforts. |