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Goldseek Resources acquires Val D'or North Property

Nov 11, 2020

Goldseek Resources Inc. has acquired the Val D'Or North Property through direct staking.

Goldseek's President & CEO Jon Deluce states, "We are excited to acquire the Val D'Or North Property at no dilution to shareholders. Quebec is a top mining jurisdiction world-wide, and we believe with our portfolio of 4 prospective projects in very active mining camps, we are set for discovery in this gold bull market that we feel is in its early innings. The presence of till on surface at the Val D'Or project will allow us first to conduct a cost-effective till survey to screen the entirety of the Property to look for geochemical anomalies. 

Over the next 3 months, we will be working on this project along with Bonanza (Urban Barry) and Southern-Arm (Fenelon), so we look forward to keeping our shareholders advised of our continuous work programs."

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The Property

The Val D'Or North Property is located 38km north-east of Val D'Or and 4km south of Senneterre. It is accessible by a well-maintained dirt road as well as logging roads. The 143 claims cover approximately 8,175 hectares (81,75km2). The Property shares the majority of its southern border with Probe Metals.

  • - The MERN released multiple exploration targets on and around the Property1. One of them is target SMV-2005_1815 and is categorized as a "High-favorability zone for VMS mineralization types in the Abitibi area."

  • - Mineralized showings are located in the surrounding of the Property and are at various stages of exploration. They are often located at the contact between the basalts and the andesites of the Assup Group. The Company covers over 3km of this contact. The Aurora Group mafic and intermediary volcanic rocks also host gold and metallic showings, and the group extends through-out the Property.

Tags: Quebec / Exploration / Gold / All Articles