93 93 Page 92 Contd from pg 91 Argo Gold acquir ed fve W awa pr ojects ment jurisdiction The W oco Gold Project discovered in 1993 and drilled in 1993 and 1994 has drill intercepts of mineable gold grades over mineable widths The project is loca ted in the BirchUchi Greenstone Belt which also hosts the multimillion ounce Springpole deposit Located 15 kilometres south of the pastproducing Uchi Mine 1993 drill in tercept highlights include 189 ounces per ton over 1 19 feet and 183 ounces per ton over 6 feet Downplunge and strike extension drilling high lights in 1994 include 408 ounces per ton over 69 feet and 124 ounces per ton over 56 feet Ar go Gold also acquired fve W awa Ontario area projects locate d near two producing mining com panies W esdome Gold s Eagle River Mine and Mishi Open Pit and Richmon t s Island Gold Mine The Macassa Creek Abbie Lake and Rockstar Gold Projects all have historic drilling and trench ing that indica te the projects have both lowgrade open pit potential and highgrade under ground po tential partic ularly given their proximity to two gold mills The third gold project in Ar go Gold is the McV icar Lake Gold Project which was staked in May 2016 McV icar Lake is located in the Lang Lake Green stone Belt 30 kilometres NW of the pastproduc ing Golden Patricia Mine 600000 ounces 14 grams per tonne gold In 1993 exploration work at McV icar Lake identifed the Chellow V ein out crop which averages 28 gram per tonne gold over a 70 metre strike length Ar go Gold has commenced its 2017 feld season with mapping prospecting sampling and trench ing at all projects with followup drilling planned for the FallW inter of 2017 Judy Baker www ar gogoldca 416 7867860 judybakertorontogmailcom Page 93 DELIVERING CLEAR VIEWS OF GLOBAL MINING PROJECTS SINCE 1915 T o subscribe call 18885023456 or visit www norther nminer com Executive Edition Includes The Norther n Miner biweekly newspaper in print and digital edition Database with detailed pro les of o ver 1900 mining companies and 1475 mines and adv anced projects Sear c hable mining news ar c hives dating bac k to 1986 Po wer ed by By Gregory Reynolds Exploration on Prosper Gold Corp s Ashley Gold Project led to new tar gets being identifed and an ambitious diamond drill program being initiated Phase 2 drillin g began in early April on the project located in Northeast ern Ontario near the Y oungDavidson Gold Mine operated by Alamos Gold Inc The Y oungDavidson is among Canada s lar gest under ground gold mines Under an option agreement with four prospectors Prosper will acquire 100 of the historic Ashley Gold Mine within three years Upon Prosper acquiring 100 inter est the prospectors will reta in a 3 net smelter royalty but Prosper has a 2 buyback option The Ashley Mine is a highgrade quartz vein similar to the lodes of the Porcupine and Kirkland Lake Gold Camps It produced 50099 ounces of gold from 157636 tons of ore 032 oz Auton from the main Ashley vein between 1932 and 1937 The W ydee option has several syenite bodies that resemble the Y oungDa vidson host rocks A number of sy enite bodies have been identifed with coincident magnetic lows and will be systematically tested The Matachewan option has known gold showings gold intersections in several drill holes a lar ge area of anomalously high goldinsoil and a three kilometre section of the Cadil lacLarder Lake covered under Cobalt Group Proterozoic sedimentar y rocks Prosper has the option to earn a 90 interest in the W ydee and Matache wan claims Peter Bernier Prosper president and CEO said we are excited to begin drilling to systematically test the tar gets identifed through 2016 s Phase 1 program The multipara merter airborne geo physics combi ned with the soil geo chemistry surveys have been key to identifying new tar gets and delineat ing the structural context for existing tar gets W e are fully funded to test fve tar gets over the entire W ydee claim block W e thank the Resident Geologist Program RGP of the Ontario Geo Pr osper Gold conducting 10000 metr e drilling on Ashley Pr oject Contd on pg 96