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Our Company

Coventry Resources Limited is an Australian Securities Exchange (ASX)-listed gold exploration company focussed on acquiring, finding and developing high-quality gold assets in the Superior Province in eastern Canada. The Company is based in Perth, Western Australia and has an office in Toronto, Ontario.

Coventry Resources deliberately chose to explore for gold in the Superior Province in eastern Canada, and in Ontario in particular to operate in for several reasons:

• The Superior Province is one of the world’s greatest mineral provinces and has a number of giant, world-class gold and base metal deposits and hence a demonstrated mineral potential and endowment.
• The geology of the Superior Province is the same type and age as the Yilgarn Craton in Western Australia, however the gold deposits in Canada are generally of a higher grade and therefore more attractive.
• Canada is a first-class, safe jurisdiction to work in which has very low sovereign risk and low taxes on a global scale, with extensive infrastructure and low-cost power readily available.
• The country, and especially Ontario, has a tradition and culture of mining and exploration and a vast pool of talented, highly-educated and skilled people.

Coventry Resources’ principal asset is a 100% interest in the advanced, high-grade Cameron Gold Deposit in the southern-most part of western Ontario near the USA border. The Cameron Gold Project was acquired by the Company from Nuinsco Resources in April 2010. All previous work completed on the Cameron Gold Deposit assumed that the deposit would be mined by underground methods. The mineralisation however, is exposed at surface and is therefore amenable to mining by open pit methods.

Following acquisition of the project, the Company announced a recalculated JORC-compliant indicated and inferred mineral resource estimate for the Cameron Lake Gold Deposit of 11.3Mt @ 2.77g/t gold for 1,005,833 oz gold (1.5g/t cut-off).

The mineralisation at Cameron is exposed at surface and extends over a strike of more than 1,000 metres and to a known depth of 750 metres. The deposit remains open in both directions and at depth.

The Cameron Project extends over an area of more than 3,000 Hectares (30 km²) and contains at least 12 known gold prospects and occurrences. No work has been completed on these for up to 25 years.

The Cameron Gold Deposit is part of an emerging series of gold camps in the Western Wabigoon Subprovince, including the Rainy River Gold Deposit of TSX-V listed Rainy River Resources. The Rainy River Gold Deposit is located 56km to the south-southwest of Cameron and comprises NI 43-101 compliant indicated and inferred resources totalling more than 5.0 Moz gold.

The Company’s other asset is the Ardeen Gold Project located about 110km west of Thunder Bay. The Ardeen Gold Mine was discovered in 1871. The majority of historic production occurred during the 1930’s, when around 30,000 oz of gold and 140,000 oz of silver were produced from underground workings. The property is located adjacent to the 1.5 Moz Moss Lake (Snodgrass) Gold Deposit.

Unexploited high-grade gold mineralisation remains within the historic workings and the mineralisation remains open along strike in both directions and at depth. The company recently completed extensive drilling of several prospects at the project resulting in the intersection of a number of gold mineralised zones. In addition the Company has outlined a large gold-in-soil anomaly extending for over 1,300 metres with a peak of 0.68 g/t gold associated with a regionally-extensive structure.