Calgary-based Trev Corp. (ASE) has staked two groups of claims in the Lang Lake and Pickle Lake greenstone belts of northwestern Ontario.
Situated 25 km north of Bond Gold Canada’s Golden Patricia mine, the 114-claim Lang Lake property has been tested for base metals but has been subject to limited gold exploration. Trev has identified several high priority gold targets.
Historical drilling on the 62-claim Pickle lake property, five kilometres north of Pickle Lake, intersected sulphide mineralization, veining and alteration.
Geofine Consultants, working on behalf of Trev, has recommended a program of ground geophysics and bedrock sampling to prioritize drill targets on both properties. The consulting group is made up of ex-Bond exploration staff. Near Stewart, B.C., Trev has taken an option on two properties representing a total of 315 claims. The ground is contiguous to Bond’s Red Mountain gold property.
By spending $1 million, making option payments of $275,000, and issuing 275,000 shares over two years, Trev can earn a 100% interest in the claims from a joint venture consisting of Ross Resources, Gentry Resources (VSE) and Wotan Resources. To earn a full interest in an individual portion of this ground, Trev will pay Northwind Ventures (VSE) $75,000 and issue 35,000 shares.
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