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Project Overview

The Ardeen Gold Project

The Ardeen Gold Project is located in northwestern Ontario about 110 kilometres west of the city of Thunder Bay, on Lake Superior. The project comprises 153 contiguous unpatented mining claims plus four patented mining claims covering an area of approximately 5,000 hectares.

The Ardeen Gold Mine was first discovered in 1871 and became northern Ontario’s first operating gold mine. The mineralisation at Ardeen is typical of the high grade Archaean gold systems that occur throughout the Superior Province of the Canadian Shield. The majority of historic production occurred during the 1930’s, when around 30,000oz of gold and 140,000oz of silver were produced. Operations were ceased in 1936 and the mine has been inactive since.

Limited exploration has been conducted in the district until the 1990’s, when Pele Mountain Resources Inc delineated numerous zones of exceptionally high-grade, shallow, vein gold mineralization in close proximity to the Ardeen Gold Deposit. The most advanced of these include the Fisher, McKellar and Trench 2 prospects.

Additional gold occurrences have been identified at more than 20 locations within the project area. Almost all of these occurrences have not been systematically explored by drilling and substantial potential remains to discover further mineralisation.

 

 

The project area is located within the western portion of the Shebandowan Greenstone Belt which forms part of the Wawa Subprovince of the Archaean-age Superior Province of Canada. The Superior Province, along with the Yilgarn Craton of Western Australia, is one of the most endowed gold districts of Archaean age in the world, with recorded production and current reserves and resources exceeding 8,500t (Robert et al., 2005).