Golden Arrow Mine |
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Golden Arrow Mine |
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Country |
Canada
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Province |
Ontario |
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Status |
BROWN EXPLORATION
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Mining Trend |
Timmins |
Surface |
5 km² / 1,295 acres |
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Legends
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Risk and valuation analysis of the Golden Arrow Mine |
Status Risk : Brown exploration |
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Title(s) of the Golden Arrow Mine |
| VanEck Vectors Global Alternative Energy ETF Option on interest: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Starting Nov, 2010, Over a period of 2 years, Murgor will have the exclusive right to acquire a 55% interest in the Golden Arrow Mine for a proposed aggregate purchase price of $500,000 payable by Murgor to Victoria in cash, $1,500,000 in cash or sh more... |
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Location of the Golden Arrow Mine |
The Golden Arrow property consists of 17 mining patents and leases, and two mining claims covering 524 hectares and located 65 kilometers east of the Town of Timmins in Ontario.
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History of the Golden Arrow Mine |
From 1981 to early 1983, a total of 279,593 tons of ore was mined at a grade of 0.061 oz/t (2.09 g/t) from the Arrow open pit. Mining ceased due to low gold prices.
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Geology of the Golden Arrow Mine |
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The Golden Arrow property is underlain by Mafic Flows and Syenite Intrusions with younger post mineral Diabase. Gold is associated with pyrite-quartz veining and hematitic/potassic alteration within the Syenite intrusions on a NE-SW structure associa more...
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Production history |
Metal | historical |
GOLD (oz) | 17,065 |
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Discoveries and Drilling Results | |
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Data last updated on : 11/4/2010
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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