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Corporate Overview

Golden Dory Resources Corporation (“Golden Dory”) is a Canadian-based, junior mineral exploration company with gold properties in Newfoundland, Canada and in the Peqoup and Battle Mountain districts of Nevada, USA. Golden Dory's objective is to acquire properties in emerging districts and in underexplored regions through staking and joint ventures.

Golden Dory's move into the Pequop Gold District of northeastern Nevada was seen as an opportunity to acquire a significant, early position in one of Nevada’s newest gold districts. The Pequop area is host to Long Canyon and West Pequop, two of the most exciting recent gold discoveries in Nevada. In 2011, Newmont Mining consolidated its hold on the Pequop District through its US $2.3 billion acquistion of Fronteer Gold. This consolidation included the Pequop South property where Golden Dory was partnered with Fronteer. Golden Dory continues as the operator and an extensive exploration program is planned for 2012.

Golden Dory partnered with Reno-based Renaissance Gold to acquire the Reef property located on the southern Battle Mountain Trend. Reef is located near the former Easy Junior gold mine and developing gold projects at Pan and Mount Hamilton. In late 2010, reverse-circulation drilling at Reef intersected 30 feet of altered and brecciated carbonate rocks assaying up to 155 ppb Au over 5 feet. The style and stratigraphic setting indicates the potential for a Carlin-type gold system. Additional drilling was completed in late 2011 and further work is planned for 2012.

In Newfoundland, Golden Dory's long-term focus is to continue to build reserves at its Huxter Lane – Brady gold project, where Golden Dory has a published NI 43-101 compliant resource estimate. Additional drilling was carried out on the Reid Zone in early 2011 and on the Mosquito Hill Zone in late 2011; the results will be incorporated in a revised resources estimate. Future drilling will focus on adding additional reserves in the Mosquito Hill Zone and targeting untested coincident geophysical and gold-in-soil anomalies.
 
aus der Diskussion: Sokoman Iron -- ehem. Golden Dory Resources
Autor (Datum des Eintrages): Depotmanager04  (16.04.12 15:10:59)
Beitrag: 4 von 150 (ID:43044207)
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