Stefan Sädbom, Senior Exploration Geologist and chairman of Lovisagruvan and Orexplore, talks about...
Canadian gold miner acquires new property
Canada’s Manitou Gold has announced its acquisition of the Dog Lake Property, located within the Goudreau-Localsh deformation zone (GLDZ).
"The Dog Lake property is comprised of 82 mining claim units covering a total area of over 3,800 acres along the northern domain of the GLDZ. The property covers a number of historic gold showings associated with mineralized shear zones," the miner said in a statement.
The company’s current property portfolio along the GLDZ includes the Goudreau Patents, consisting of 160 acres of surface and mining rights patented lands, and 15,900 acres of contiguous lands comprised of the Rockstar, Midas and Dog Lake properties, according to data released by the miner.
Set up in 2009, Manitou Gold is focused on the Gold Rock District of Canada’s Northwestern Ontario. The firm is listed on the Toronto Stock Exchange’s (TSX) Venture Exchange.