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Tri-Gold Resources has acquired 11 mineral claims in the Stake Lake area of Northern Ontario. The claims feature zones of massive sulphides hosting copper, zinc, gold and silver mineralization. The claims are just west of the Mattabi Mine in the Sturgeon Lake area of northern Ontario.
The Mattabi Mine (owned by Noranda Inc.) produced very high grade zinc, copper and silver from the southeast shore of Sturgeon Lake from the early 1970's to 1991.
Tri-Gold sampled the claims in the fall of 2006 and assayed copper values of between 2.3% to 4.16%, gold values of 0.5 to 2.7 grams per ton and silver values of 41 to 82 grams/ton. Benton Resources Corp, the joint venture partner on the Nipigon uranium claims, carries a 20% participating interest in the Stake Lake Project. At the present time, line cutting and trenching are being conducted on the main showing with induced polarization (IP) and MAG surveys to follow. Diamond drilling is expected in late spring.
Maps & Photos
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