Galleon initiates land survey in pursuit of Mining Lease Status

Galleon Gold Corp. has received instructions from the Office of the Surveyor General with respect to requirements for a Perimeter Survey at its 100% owned West Cache Gold Project, Timmins. The Surveyor General overseas all Ontario Crown land surveys. A land survey is required before Provincial mining claims can be converted to a land lease.

While a company may explore and drill on mining claims, the claims must be converted to a lease before mining activities, such as infrastructure development and ore extraction, can commence. Receiving these instructions is a crucial step in the development of West Cache from an exploration and development project to a producing mine.

Tulloch Geomatics has been engaged by the company to complete the land and perimeter survey plans to facilitate the lease application for both surface and mineral rights.  The company anticipates the survey to be completed by the end of Q1 2021, with the formal register of the lease by Q2 2021. 

Figure 1 provides an overview of the location of West Cache in relation to other mines in the Timmins Mining Camp. The West Cache property encompasses approximately 3,358 hectares of unpatented land and 406.8 hectares of patented land. 

The West Cache Gold Project is located 13 km west of Timmins Ontario and is serviced by Provincial highway 101 and secondary access roads. The central portion of the project area is situated along the Porcupine-Destor gold belt, approximately 7 km northeast of Pan American Silver’s Timmins West Mine and 14 km southwest of Newmont’s Hollinger Mine.

Galleon Gold is a North American exploration and development company. Eric Sprott holds approximately 23% of the Company’s outstanding common shares and is also the Company’s partner on the Neal Gold Project in Idaho. Drilling is currently underway on the Company’s flagship, 100% owned, West Cache Gold Project, Timmins, Ontario.  

Tags: Northern Ontario / Exploration / Gold / All Articles