5-cell contiguous package (115.4 ha) directly covering the D-Zone historical gold reserve. All defining drill holes are on Crown mining rights. Offering $75,000 cash upfront + retention of 25% carried interest. Buyer to fund 100% of future costs.
Addington Gold Project – $75k Cash + 25% Carried Interest
21k oz Historical Gold Reserve @ 5.14 g/t-Exploration Upside
Property Details
| Location | Canada, Ontario |
|---|---|
| Address | Kaladar Township, Ontario K0H 1Z0, Canada |
| Commodities | Gold |
| Deposit Type | Hard rock |
| Mining Phase | Exploration |
| Asking Price | $75,000 CAD |
| Available Terms | Joint Venture, Negotiable |
| Listing Tier | Featured |
| Market Status | Listed |
Summary
Location and Access
Kaladar Township, Lennox and Addington County, Southern Ontario
Excellent road access via Flinton Road and Highway 41. Power and infrastructure nearby.
Description
The Addington Gold Property covers the historic D-Zone in the Addington Gold Camp, Kaladar Township, Ontario.
Deal Structure:
Cash upfront: $75,000
Retained interest: 25% carried interest (free carried until commercial production)
Buyer to pay 100% of all future exploration, development, and holding costs
Historical D-Zone Reserve (1988)
143,162 tonnes @ 0.150 oz/t Au
21,474 ounces gold
All key drill holes defining the resource are located inside the claim boundaries on Crown mining rights. Excellent road access in southern Ontario. Strong exploration upside potential below the known zone.
Geology
Narrow high-grade quartz-carbonate veins and shear zones hosted in Grenville Province metavolcanics and metasediments. Classic orogenic gold style.
History
Historic gold producer (Addington / Golden Fleece Mine). The D-Zone was drilled in 1988 and a historical reserve was calculated.
Additional Information
Full data package available upon request (drill logs, assays, historical reserve calculation, MLAS maps).
Photos
Map
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