Risk and valuation analysis of the MCWATTERS Project |
Status Risk : Early discovery |
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Title(s) of the MCWATTERS Project |
| Savant Explorations Ltd. Interest: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Savant will acquire a 100% interest in the McWatters Property through cash payments totalling $690,000 payable over a 4 year period, work commitments totalling $5,000,000 over 4 years and the staged issuance of 1.3 million Savant common shares to the more... |
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Location of the MCWATTERS Project |
The McWatters Property covers 4.0 km of strike length along the Cadillac-Larder Lake Break and includes the past producing McWatters Mine (reported past production of 334,500 tonnes grading 10.8 grams/t gold),
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History of the MCWATTERS Project |
Little exploration has occurred on the property away from the McWatters Mine and the historical resources. In these areas, testing of the main Cadillac-Larder Lake Break and secondary parallel structures, which host the gold mineralization on the property, is generally limited to depths in the order of 100 metres
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