International news within the industry of mining and metal, Oct, 19 2018
Latest News

Canadian gold miner acquires new property

Photo: Polymetal International
Photo: Polymetal International
Published by
Jaroslaw Adamowski - 01 Oct 2018

Canada’s Manitou Gold has announced its acquisi-tion of the Dog Lake Property, located within the Goudreau-Localsh deformation zone (GLDZ).

 

"The Dog Lake property is comprised of 82 mining claim units cover-ing a total area of over 3,800 acres along the northern domain of the GLDZ. The property covers a number of historic gold showings asso-ciated 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 com-prised 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.