work has focused on the Vickers, Sako, and Bazooka Zones. “INCO owned claims in the area from 1983 to 1989 and the Vickers Zone was one of the areas they identified as warranting further work,” explains North. “At the time, it was called the Wilson Bay Zone and the man who was responsible for the discovery was INCO geologist Dwayne Car. Once we purchased the property in 2010, one of the first calls I made was to Dwayne Car and he agreed to come out of retirement to work for us as our current vicepresident.” The first phase of the company’s 2011 exploration work saw drill holes at the Sako, Cooey, and Pistol Porphyry occurrences. The latter two were considered lower priority for further work. No work was competed in 2011 at the Vickers Target because the claims covering the target were the subject of a dispute. The second field season saw additional drilling at the Sako Occurrence and the first holes were drilled at the Bazooka Occurrence. Good results deemed that both be targeted as warranting further exploration. Late in 2012, the dispute over the Vickers Target claims was settled and the drill rig was moved in. Results showed that these were among the best exploration drill holes in Canada in recent memory. Additional drilling was completed at the Vickers Target in 2013 and more good results were published to the market. An infusion of cash from international gold producer Nordgold brought some much-needed investment to institute a very meaningful program in the Vickers Target in the field season of 2014, which is currently ongoing. “From here, we need about $20 to $30 million to delineate the Vickers Target to see just how big the deposit is and to drill the very promising Sako, Bazooka, and Defender Zones that we have discovered since purchasing the property,” explains North. And the additional good news is that unlike the Meadowbank Mine and Meliadine Gold Mine Project, the Pistol Bay Gold Project is located on Crown land. Regardless, North speaks of a positive relationship with the Hamlet of Whale Cove and its community of 350 people. “We have hired more than 10 people from Whale Cove for the summer,” he
states, adding that the Pistol Bay Gold Mine Project is located within 10 kilometres of the community. “We have received very good support from the community and hope to contribute to its economic prosperity in the years ahead.” And according to North, that could be as early as 2019. “I believe that in five years time, the Pistol Bay Gold Project will be well in the construction stage and possibly even in production,” he states. “It could well be a world-class gold deposit.” n
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