Antler Gold/Wilding Lake project (Central NL, Canada)
In September of 2016 Altius completed an agreement to sell its Wilding Lake Gold project to Antler Gold Corporation (ANTL:TSXV) - www.antlergold.com - for 4.5 million shares of Antler, and retention of a 2% net smelter return royalty over the Project. Antler has expended in excess of $2 million in exploration on the project since then with encouraging drill results.
The Wilding Lake gold property covers 17,200 hectares in south central, NL and is located immediately northeast of and adjacent to Marathon Gold Corporation’s Valentine Lake project. The land package covers more than 50 kilometres of strike length of the projected structure that is believed to control the regional gold mineralization such as at Valentine Lake.
The property features high grade gold mineralization within shear-related orogenic style quartz veins and quartz stockworks underneath a shallow overburden in an area that has not previously been systematically explored for gold. Mineralization at the Alder Zone occurs as coarse, free gold in association with chalcopyrite, rare scheelite and gold-silver telluride, in association with tourmaline bearing quartz veins.
For further technical and corporate insights into the Wilding lake Gold project and Antler Gold's planning please visit www.antlergold.com.