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The Prospect Valley Gold Property is road-accessible, three hours driving time from Vancouver, and situated in proximity to good infrastructure and logistics near Merritt, British Columbia. It covers 107 km² encompassing a number of structurally controlled epithermal gold prospects with potential to host bulk tonnage and/or high grade vein deposits.
NI43-101 compliant Mineral Resource estimates were calculated on two of these gold prospects, the North Discovery Zone and South Discovery Zone.
The North and South Discovery Zones host a combined inferred mineral resource estimated at 166,000 ounces gold grading 0.511g/t gold above a cut-off grade of 0.30g/t gold. The zones remain open for expansion and the property is host to a number of other gold prospects not yet drilled.