Auden Property

The Auden Property covers the eastern portion of a greenstone belt, which lies approximately 110 kilometres to the east of the Beardmore-Geraldton greenstone belt. Interpretation of regional government airborne magnetic suggests that the Property represents the east extension of the Beardmore-Geraldton greenstone belt.

Interpretation of a helicopter borne detailed magnetic-electromagnetic survey over the area clearly shows a major regional geological structure. This structure strikes in a general east-west direction across the Property. Major deep seated structures similar to the structure on the Property, show a close spatial relationship to gold occurrences and major gold deposits in other areas of northern Ontario and Quebec. Examples include the Destor -Porcupine Fault in the Timmins-Matheson area, the Cadillac-Larder Break, and the Casa Berardi Break in northwest Quebec.

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Based on historical drilling, encouraging gold mineralization is known to occur on the Property, and gold mineralization occurs in a variety of geological settings. Previous exploration on the Property has identified gold mineralization associated with sulphide facies iron formation, silica facies iron formation, quartz-carbonate-touraline veining with mafic volcanics and volcanic tuffs, metasediments mineralized with pyrite and pyrrhotite and conglomerate mineralized with pyrite and pyrrhotite.  The Auden property geology is also quite favourable for hosting other commodities including platinum group elements (PGE) , base metals (Cu, Ni) and vein graphite.

The property is located within the traditional lands of the Constance Lake First Nation and negotiations are underway to complete an exploration agreement.