04.10.2020· Gold was not an integral part of Newfoundland’s mining history until 1976, when significant gold mineralization was discovered near Cape Ray on the south coast of Newfoundland. The Hope Brook deposit was discovered in 1984 and became Newfoundland’s first major gold mine, operating between 1986 and 1997, and producing over 752,000 ounces of gold. The Hope Brook discovery created a gold rush of sorts that lasted until the early 1990’s, when the price of gold
This is not necessarily true for all areas though. Although less common, there are some mines in Newfoundland and Labrador that have produced large, free-milling gold that could easily be found with a metal detector or captured in a gold pan. Mining has
24.03.2021· Gold Rush Hits Newfoundland. After years of investment, Newfoundland has recently become one of the hottest spots in the world for gold exploration. The Canadian province has a long history of gold and precious metal mining. But recent high-grade gold finds in central Newfoundland have triggered a rush of epic proportions as explorers hope to cash in on the next big discovery. The
One of the most famous historic mineral discoveries in Newfoundland and Labrador was that of the Buchans lead-zinc-copper-silver-gold mine in Central Newfoundland by prospector Matty Mitchell in the early 1900’s. The Buchans prospect became a world class mine which operated more than half a century, and gave rise to a still-thriving town. The tradition of prospecting
02.06.2020· It’s about a gold resource in Newfoundland that Dan Ferris visited, and the huge potential he sees there. “I just spent a week trekking through Canada to uncover this story. And what I discovered won’t stay quiet for long. “In short, nestled in the backwoods of western Newfoundland, shrouded in fog and ice “Lies a private mountain literally bursting with gold. “And when I say
28.08.2020· K9 Gold Corp. ( TSXV:KNC, OTC:WDFCF) Stony Lake East is situated between Marathon Gold’s giant deposit and Sokoman’s Moosehead project, and due west of New Found Gold’s massive Queensway property. A preliminary field program in 2019 identified eight areas of highly anomalous to high grade gold (15 g/t) mineralization.
Prospecting for gold in Newfoundland and Labrador began in the late 1800s and tapered off again around 1940. In the 1980s renewed interest in mining occurred due to the increase in the price of gold. In 1983, a geological map showed there were only a very few gold
Labrador was that of the Buchans lead-zinc-copper-silver-gold mine in Central Newfoundland by prospector Matty Mitchell in the early 1900’s. The Buchans prospect became a world class mine which operated more than half a century, and gave rise to a still-thriving town. The tradition of prospecting has continued down through the years, with the most notable recent success story being the
09.03.2021· Are you a gold stacker or a silver stacker? As the world continues to value gold, do you wonder where the next big gold mining discoveries will come from, t...
About New Found Gold Corp. . New Found is advancing its 100% owned high-grade 1,500km 2 Queensway gold project, located on the Trans-Canada highway 15km west of Gander, Newfoundland. A 200,000m drill campaign is underway utilizing eight drills, focused on a 7.8km corridor along the Appleton fault and a 12.4km km corridor along the JBP fault.
Gold prospecting and identifying gold-bearing areas have become increasingly more feasible, due to research developments on the geological process of gold formation. (See References 1.) Gold bearing areas, mostly throughout the western United States, have drawn and sprouted entire communities based on prospecting. (See Reference 1.) Various hypotheses exist on how gold is formed as it surfaces
LEOCOR Gold Inc is a resource exploration & development company focused on strategic growth leveraging overlooked, undervalued or unexplored project potential. We’ve assembled an experienced leadership team with decades of success in exploration and discovery. Find out more. Projects. Our flagship Atlantic Gold Portfolio encompasses over 2,000 hectares of prospective gold claims in the