Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Gossan Resources (GSS) has announced summer and fall exploration programs at its Gander Property in Newfoundland
  • Gossan has engaged GoldSpot Discoveries (SPOT) to apply its geoscience expertise at Gossan’s Gander properties
  • Gossan has contracted an airborne magnetic survey across the entire 10,900 hectares of its Gander property holdings to plan geochemical ground surveys, and more targeted geophysical programs
  • The company has received exploration permit extensions for its Newfoundland Properties that are valid until July 2023
  • Gossan Resources Ltd is focused on exploring and developing mineral resources in Newfoundland, Manitoba and northwestern Ontario 
  • Gossan Resources Limited (SPOT) opened trading at C$0.10

Gossan Resources (GSS) has announced summer and fall exploration programs at its Gander Property in Newfoundland.

Gossan Resources has engaged GoldSpot Discoveries (SPOT) to apply its geoscience expertise at Gossan’s Gander properties.

The company’s wholly-owned Gander Property consists of 8,875 hectares and is adjacent to the Queensway property along the Central Newfoundland Gold Belt owned by New Found Gold. The company also holds title to the 975-hectare Weir Pond Property which lies 25 km north of Gander, and to the 1,050-hectare Island Pond Property which lies 48 km north of Gander. 

Cannot view this image? Visit: https://images.newsfilecorp.com/files/2380/130948_2b82c88ac406ea83_002.jpg
Gossan’s Main Gander Property Claims.

Gossan has contracted an airborne magnetic survey across the entire 10,900 hectares of its Gander property holdings. This program is ongoing and the company expects the results will assist in better in planning geochemical ground surveys, and more targeted geophysical programs. 

Vincent Dubé-Bourgeois, CEO and Director of GoldSpot, commented on the partnership with Gossan Resources.

“We are excited to be working with Gossan Resources and believe our MPASS survey flown on their Gander Gold Property is a major milestone in further understanding the area. The GRUB line structure shows similarities to the JBP and Appleton fault zone, an area we have had significant and continual success. We look forward to future exploration.”  

The company has received exploration permit extensions for its Newfoundland Properties that are valid until July 2023.

Gossan Resources Limited holds mineral exploration and development properties located in Manitoba, Northwestern Ontario and Newfoundland. The company holds a gold initiative with the Gander Gold Property in Newfoundland as well as a broadly diversified portfolio of multi-element properties.

Gossan Resources Limited (SPOT) opened trading at C$0.10.

More From The Market Herald

" Independence Gold (TSXV:IGO) announces $1.3 million financing

Independence Gold Corp. (IGO) has proposed equity financing for gross proceeds of up to $1,300,000.

" Golden Sky Minerals (TSXV:AUEN) releases results from Phase 2 program at its Rayfield Property

Golden Sky Minerals (AUEN) announced results from its Phase 2 2022 soil geochemical sampling program.

" Rackla Metals (TSX:RAK) announces $2M non-brokered private placement

Rackla Metals (RAK) announced a non-brokered private placement for proceeds of up to $2.0 million.

" Appia Rare Earths & Uranium (CSE:API) releases assay results from Alces Lake 2022 prospecting program

Appia Rare Earths & Uranium Corp. (API) has released assay results from its Alces Lake 2022 prospecting program.