Golden Target Project

The Golden Target Project – McCann, Bowman, Currie and Egan Township Properties (Gold Prospect)

The Golden Target project area is the largest of the two GMEI property blocks.  It consists of 717 claim cells. It is strategically located in the southern Abitibi province, immediately south of the Porcupine-Destor fault zone, and surrounds the Watabeag felsic pluton. The southern Abitibi province is amongst the best endowed precious and base metals regions of the World. It has been a cornerstone of the Canadian mining industry, and remains as such today, as a concentration of mining and exploration activity. Gold represents the main commodity in this region, where greenstone hosted quart carbonate vein-type systems dominate orogenic gold systems.

Historic prospecting.jpg

Historic prospecting and exploration activities in the area of the Golden Target project resulted in the discovery of a number of mineralized occurrences including some with reported economic precious metals, and economic base metals concentrations. These include the Devil’s Elbow & Sylvanite (MDI files 42A08NW00110, 42A08NW00150, and 41A08NW00151), Campbell-Moore (MDI file 42A08NW00045), Turcott Au (MDI file 42A08NW00046), Taylor (MDI file 42A07NE00053), Reid (MDI file 42A07NE00046), and Tillex (MDI file 42A10SE00055) mineralized occurrences, as well as the Black Fox, Gold Post, Ross[JS1]  and Golden Arrow mines. (Ontario Geological Survey OFR 6131 p.44, & Mining Life, Feb.4, 2019).

As part of its methodical approach to the evaluation of the Golden Target Project area, field identification and confirmation of these historic occurrence is an ongoing activity by GMEI. During these programs, GMEI identified the new mineralized occurrences at C1 and GT2.

These results, and the strategic location of the Golden Target Project between the Porcupine and Kirkland Lake mining districts, coupled with the interpreted structural trends transecting the Property, anchored by the known mineralized occurrences, provide the substantial support for continued investigations.

Some key benefits of these projects include:

  • Mining friendly jurisdiction in the historic Timmins gold camp of Matheson, Ontario, Canada. Located just South of the Destor-Porcupine Fault Zone

  • Exploration permits, and Aboriginal agreements ongoing

  • The Company’s Golden Target Project consists of a large contiguous block of mining lands, consisting of 717 active mining claim cells.

  • Expansion of the claims base is ongoing, to expand the Gold and base metals prospects

  • Mining rights are 100% owned by GMEI

  • Local infrastructure in place, including easy access by highway, dirt and log roads, electricity, water, crusher mills, rail, manpower, and a local mining town

  • Focus placed on geophysics and drilling to discover, analyze, and potentially quantify economic resources, in an effort to maximize shareholder value, while preserving cash