DeSantis MIne Project - Timmins, Ontario

  

The DeSantis property hosts at least 5 known gold bearing zones, including the Contact Zone, Hydrothermal Zone, Albitite Zone, Arsenopyrite Zone, and East Pit area. Historical reserve estimates were calculated for two of the mineralized zones (the Hydrothermal and Albitite zones), both of which were accessible by existing underground workings. The historical reserve estimate for the Albitite Zone (between the 715’ to 1,175’ levels), classified as “probable” stood at 72,212 tons with an averaged grade of 0.229 oz Au per ton.  In the 1980’s Redpath completed a $10.5 Million mine rehabilitation and drill program, exposing the Albitite zone to be open and expanding to depth. The reserve estimate for the Hydrothermal Zone was calculated to be 129,000 tons with a cut grade 0.265 oz Au per ton (cut to 1 ounce), or, 334, 308 tons grading 0.19 opt (cut to 3.50 ounces).

The above reserve estimates are historic in nature and do not have currently demonstrated economic viability, and are considered to be historical resources. Although the reserve estimates are relevant, they have not been verified.

 

 DeSantis Mine 3d Model

 

 

 HIghlights of the Timmins Gold Camp

 

  • In excess of 70,000,000 ounces of gold production since 1908
    (over $8 billion at current prices)
  • The largest producing gold camp in North America
  • Several significant discoveries over the past few years including
    Lake Shore Gold’s Timmins West & Thunder Creek zones

 

 



Vertical Magnetic Gradient Map

 

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