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GRENFELL GOLD PROJECT

Property Details

The Grenfell property is located in Grenfell Township approximately 10 km northwest of the Town of Kirkland Lake Ontario. It is comprised of a series of contiguous mining leases and mining claims covering about 6.7 km2. This property has been worked sporadically on and off since the early 1930's. The majority of work on the property took place in the 1930's to early 1940's when bulk sampling of some high-grade gold veins occurred in conjunction with diamond drilling, shaft sinking and substantial lateral development on two underground levels. With renewed interest in the property a series of surface exploration programs were conducted from the early 1980's to about 2013. More recent exploration work and re-evaluation of historical work has resulted in new zones of gold mineralization and recommendations for further exploration on known historical zones from the 1930-1940 era.

Gold mineralization was first discovered on the property in the early 1920's. From the early 1930's to about 1941, a series of major exploration campaigns were conducted; this work included 265 feet of shaft sinking, over 2000 feet of underground development on two levels, and a bulk sampling program to evaluate two of the vein systems. Exploration efforts ceased on the property during World War II. In 1985, a geological report was completed on the property by John Londry, P.Eng. (J. Londry, P.Eng., “Report on the John Sirola Property, Grenfell Township, 1985”), which documented the following points of interest on the various veins:

Grenfell Project Maps and images

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Grenfell general geology](https://pelangio.com/site/assets/files/5421/gf_gen_geol_nov2020.pdf "Grenfell general geology")

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Grenfell surface plan](https://pelangio.com/site/assets/files/5426/map_2_grenfell_comp.pdf "Grenfell surface plan")

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2020 surface plan](https://pelangio.com/site/assets/files/5427/map_3_grenfell_surface_comp2020.pdf "2020 surface plan")

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Grenfell 250 level plan](https://pelangio.com/site/assets/files/5428/map_4_grenfell_ug_comp.pdf "Grenfell 250 level plan")

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Drill hole plan showing phase 1 and 2 drill programs](https://pelangio.com/site/assets/files/5423/gf_ddh_plan_jan2021.pdf "Drill hole plan showing phase 1 and 2 drill programs")

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Grenfell drill hole plan showing intersection of No.6 and No.1 veins a the 250 foot level](https://pelangio.com/site/assets/files/5422/gf_pr_plan_jan2021.pdf "Grenfell drill hole plan showing intersection of No.6 and No.1 veins a the 250 foot level")

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Phase 2 drill results table](https://pelangio.com/site/assets/files/5424/tables_for_html.pdf "Phase 2 drill results table")

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Drill core from fall 2020 drilling program](https://pelangio.com/site/assets/files/5429/grenfel_fall_2020_core.pdf "Drill core from fall 2020 drilling program")