Lake George Property
- The property consists of a total of 283 claims covering an area of 61.04 km2 approximately 40 km west of Fredericton, and adjacent to the north to the past producing Lake George antimony mine.
- 237 staked claims, 100% owned, totaling 51.86 km2.
- 46 optioned claims totaling 9.18 km2.
- Close to infrastructures (paved highways, deep-sea port and power lines), with excellent year round access.
- The Geological Survey of Canada (GSC) reported in 1991 that pre-production development at the former Lake George mine exposed tellurium (Te) and bismuth (Bi) mineralization across zones 6 to 12 metres wide in the footwall of the main antimony vein system. Tetradymite, a Tellurium bearing mineral, was identified as a distinct phase. Native gold (Au) was also reported.
- A large buried late intrusion of 2.0 km in diameter west of the Waterloo Lake was detected in 2014. Data integration and interpretation completed in 2014 helped to define a high temperature zone immediately in contact with the Waterloo Lake intrusive for gold, bismuth and tellurium mineralization (Au, Bi and Te).