The property is comprised of 38 mining cells and 8 leased claims covering an area of approximately 6.7 square kilometers ('km2 ')and is located 10 km northwest of
Grenfell Property Historic Data Summary Gold mineralization was first discovered on the property in the early 1920's. From the early 1930's to about 1941, a series of major exploration campaigns were conducted; this work included 265 feet of shaft sinking, over 2000 feet of underground development on two levels, and a bulk sampling program to evaluate two of the vein systems. Exploration efforts ceased on the property during World War II. In 1985, a geological report
Significant work was conducted on the No.1 Vein and Sirola Vein. The Sirola Vein is interpreted to be a possible splay vein from the No.1 Vein. Two separate bulk samples from the Sirola Vein (surface pit) and No.1 Vein (60-foot level) returned 21.7 tons at 0.456 oz/ton gold and 177 tons at 0.70 oz/ton gold respectively. The No.1 Vein was channel sampled along the drift on the 250-foot level which assayed 0.2 oz/ton gold across a 3-foot width for 180 feet of strike. The Londry report also stated that this drift should have continued in an easterly direction on the 250-foot level as values and vein structure suggested the vein continued. Londry'sreport states a third gold bearing zone, the No.6 Vein has a northwesterly trending strike orientation or a transverse strike relative to the No.1 Vein (southwest strike). The No.6 vein was drill tested with only three drill holes, these holes which returned 0.13 oz/ton gold over 10 feet, 2.22 oz/ton gold over 3 feet. and 0.25 oz/ton gold over 5 feet. The Shea Vein is also reported to be a northwesterly striking structure and is located approximately 700 feet southwest ('SW') of the shaft collar. The 250-level drift was extended westward for 700 feet to evaluate the Shea Vein mineralization. Very limited data exists on this work, but Londry's report states a single historical drill hole on the Shea Vein returned 0.41 oz/ton gold over 3 feet. The Shaft Vein was intersected during the course of shaft sinking; the vein entered the shaft at the 90-foot level and exited the shaft at the 150-level. When diluted to a width of one foot, the Shaft Vein returned 0.24 oz/ton gold over the 60-foot interval it remained in the shaft.
About Pelangio
Pelangio acquires and explores large land packages in world-class gold belts in
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