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The Valley of Gold

The Exxeter Gold Project covers an area of 715ha located in Val d’Or Quebec, one of the premier gold camps in the world which produced over 113.4M oz Au by the end of 2019. The project covers 3.8km of the Cadillac Tectonic zone, which is the principal geologic structure responsible for cold mineralization in the Val d’Or.

The Exxeter Gold Project is surrounded by significant showings and deposits:

  • On strike with the Forsan deposit, which is 2.5km to the east and has a reported 132 000 tonnes @ 3.52 g/t d'or (Probable resource) Au
  • Cartier Resources’ Chimo Mine is 2.5 to the southwest, which has a NI43-101 resource estimate of 585,000 oz Au indicated and 598,000 inferred
  • The Nordeau deposit is located 2.25km south with reserves estimated at 304,817 t probable at a grade of 6.17 g/t Au and 428,000 t possible at a grade of of 6.51 g/t Au

Project History

A 2016 exploration program included soil sampling at 200m spacing. Of 167 samples 18 assayed 5ppb Au or higher. Three samples assayed higher than 50ppb Au and appear to be related to 6 sub-parallel structures related to the Cadillac Fault, as interpreted by a 2016 magnetometer survey and a 2017 IP survey. In addition, a follow-up soil sampling conducted at 25m spacing, identified 95 samples assaying 5ppb or higher and 9 samples assaying 50ppb Au or higher. These work programs helped identify the current T1 and T2 target zones.

Kiplin Metals is in the process of developing field programs to test both T1 and T2 in Q1 of 2021. Access to the property is excellent, particularly in the winter.

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