Aurora Project, Detour Lake, Ontario

Project Overview

Located in the Northern Abitibi Greenstone Belt, adjacent to the Detour and Casa Barardi gold mines and the Selbaie copper-zinc mine. Over $3.7M in historic expenditures by major companies.

Drilling by Conquest identified and/or confirmed the presence of gold mineralization in two areas. The GB Zone has been confirmed as a major gold-bearing system with potential for high grade gold lenses which has now been traced by Conquest over a strike length of at least 1,800 metres. At least three lenses of high grade gold mineralization have now been encountered within the GB Zone.

The drilling on the Sagimeo Lake Shear encountered a new gold-bearing zone associated with zinc sulphide rich quartz veins, and this zone, the SLS Zone, has now been established as a significant new gold-bearing system which strikes northward 4km to the former Detour gold mine.

The Company has been exploring the possibility of farming out the Aurora project and has been in discussion with a particular party over the past 6 months. However, no agreement has yet been reached.