GANDER NORTH

The Gander North Property consists of 100 claims covering 2,500 hectares of highly prospective exploration ground within the Central Newfoundland Gold Belt. The claims are dominantly underlain by Davidsville Group sediments, with similar lithologies and regional geophysical magnetic signatures as the New Found Gold Queensway high grade gold discovery located approximately 43 kilometers to the southwest. The Davidsville Group Sediments are also in contact with ultramafic rocks on the southeastern potion of the claims. Good access to the Gander North property will allow Supernova to carry out its exploration efforts in an efficient and cost-effective manner.

On June 1, 2021 Supernova Metals entered into option agreements to acquire a 100% ownership interest in three properties situated along the Gander Gold Belt in Newfoundland; Gander North (100 total claims), Canning’s Brook (60 total claims) and Gander South (93 total claims). Since the prolific gold discovery made by New Found Gold (NFG.V) at its Queensway project, in Newfoundland, there is a much better understanding of the mineral potential of the Gander Gold Belt. The three new Gander Gold Belt properties are located on trend with the Queensway discovery and are surrounded by several active explorers including Crest Resources Inc. (CRES.C), Sassy Resources Corporation (SASY.C) and TRU Precious Metals Corp. (TRU.V). These new previously unexplored properties present Supernova with an excellent opportunity to participate in this exciting mining district.