During the bear market, the Company invested wisely in low cost prospecting programs which lead to the discovery of several gold showings across the property. These discoveries lend credibility to the concept that where a large gold-bearing system occurs hosting gold mineralization such as the CBSZ, there are likely more such opportunities on the land package which is 12,454 hectares in size. Currently there are four other gold showings identified on the Croteau Est property that should be tested.
The Company has developed a 13 hole, 4,800m core drill program to follow up on those significant 2017-2018 intercepts and define the extension of the gold mineralization within the CBSZ along strike to the west, east and at depth. Total cost of this program is approximately $900,000. In addition, the Company has a plan to test four key gold showings identified elsewhere on the property through a seven hole, 1,400m core drill program, a budget of approximately $260,000.