GERMAN PROPERTY Project |
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GERMAN PROPERTY |
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Country |
Canada
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Close to |
German twp |
Status |
GREEN EXPLORATION
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Surface |
10 km² / 2,441 acres |
Number of claims |
61 |
Latitude / Longitude |
48 N 34 / 80 W 53 |
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Legends
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Risk and valuation analysis of the GERMAN PROPERTY Project |
Status Risk : Green exploration |
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Title(s) of the GERMAN PROPERTY Project |
| Agnico-Eagle Mines Limited Owner: 100% |
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Title | Company Profile | All Projects | Company website | Company project page |
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On March 30, 2005, Comaplex and other minority interest partners on the German property signed an option agreement with Laurion Gold Inc., whereby Laurion can earn up to an undivided 75 percent interest in the property by spending $1.75 million in exploration expenses and issuing 500,000 shares. The term of the deal is four years with required yearly minimum exploration expenditures. |
| Laurion Mineral Exploration Inc. |
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Title | Company Profile | All Projects | Company website | Company project page |
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Location of the GERMAN PROPERTY Project |
The German Property occurs on the eastern extension of the Timmins camp just north of the Destor Porcupine Fault.
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Geology of the GERMAN PROPERTY Project |
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The property hosts a three kilometer wide east trending suite of ankeritized and sericitized volcanics, up to 400 meters thick, bounded to the north and south by turbiditic sediments. Minor drilling along the southern sediment-volcanic contact returned highly anomalous gold values in the 100-600 ppb range, with a high of 11.0 gmt gold over 1.5 meters.
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Discoveries and Drilling Results | |
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Data last updated on : 9/25/2009
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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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