SHAKESPEARE GOLD PROJECT
Project Overview
The Shakespeare Project is located in the area of the historic Shakespeare Gold Mine, 88 km west of Sudbury, Ontario. Current exploration programs include drilling for high-grade gold near surface and across an identified gold bearing horizon of over 6 kilometres.
LOCATION
Excellent Infrastructure
- Just off the Trans-Canada Highway
- Power right to site
- Educated workforce
Shakespeare Mine was in operation from 1903-1907
- Historic exploration included trenching, sampling and limited drilling
- 2,959 oz of Au were produced from six underground areas
Well-known geology on the prolific Canadian Shield
- Project is located in a well-known geology on the prolific Canadian Shield at the contact between the Archean, Southern and Superior geological provinces
HIGH-GRADE AU
Exploring for high-grade gold in the “shadow” of a historical head frame.
Phase One: Q4 2020 (Complete)
- 7 core holes drilled (1,300 metres)
- J-1-20: 4.6 m of 5.51 g/t Au at a depth of 76m, incl. 0.8 m of 23.6 g/t Au & 1.8 m of 3.00 g/t Au
- J-2-20: 1.5 m of 1.70 g/t Au at depth of 115 m and 3.7 m of 0.82 g/t Au at a depth of 137 m
- J-3-20: 5.0 m of 5.37 g/t Au at depth of 114.5 m incl. 1.0 m of 18.5 g/t Au
- J-6-20:1.0 m of 1.19 g/t Au at depth of 62m
- J-7-20: 5.5 m of 8.59 g/t Au at depth of 68.5 m incl. 1.0 m of 43.60 g/t Au at a depth of of 71 m and 1.0 m of 1.83 g/t Au at a depth of 74 m
- New mineralized zone identified parallel to the historic 2014 zone in Cross Section AA
Phase Two: Q1 2021 (Complete)
- 14 Core Holes Drilled (2,200metres)
- Partial results from J-8-21 included 3 m of 67 g/t Au
- Full assay results pending
GEOLOGY
Our team reviewed numerous historical reports and initiated our exploration and drilling program in Q3 2020.
Potential for Significant Mineralization
- Major north east trending faults cross through the area.
- A series of quartz veins and stock works of quartz veins, containing sulphides have been identified on the property.
- Quartz veins identified a considerable distance to then northeast of the former mine site suggesting a regional structure.
- Potential for other gold discoveries along the prospective Shakespeare gold bearing horizon of over 6 kms.