Risk and valuation analysis of the NORGOLD PROPERTY Project |
Status Risk : Green exploration |
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Title(s) of the NORGOLD PROPERTY Project |
![](http://www.24hgold.com/24hpmdata/pub/3775_titan.gif) | Titan Resource International Corporation Joint venture: 50% |
![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![Company Profile Company Profile](http://www.24hgold.com/style/all/img/bouton/website.png) | ![All Projects All Projects](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) | ![](http://www.24hgold.com/style/all/img/bouton/website.png) |
Title | Company Profile | All Projects | Company website | Company project page |
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Titan Resources International recently signed an option earn in and joint venture agreement on the “Norgold” property, whereby Titan has been granted an option for the right to earn an undivided 50% interest in the property, by making various option payments and exploration expenditures. |
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Location of the NORGOLD PROPERTY Project |
The “Norgold” property consists of 40 mining claims covering just under 700 hectares, and is located in the “Melgund” township in the Napanee Lake area of the Sault Ste. Marie mining district, near Dryden in northern Ontario
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Geology of the NORGOLD PROPERTY Project |
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The occurrence is underlain by mafic metavolcanic rocks of the Kawashegamuk Lake group. The dark blue to smoky quartz veins pinch and swell. The quartz is opaque to cloudy and displays a granular texture. The vein is very often fractured and rarely carbonatized.
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