- Kingsview Minerals (KVM) has announced that RT Minerals received the necessary regulatory approvals, allowing Kingsview to acquire the Norwalk Project
- The project is located between Kingsview’s Hubcap Project (east and west properties) and Red Pine Exploration’s Wawa Gold Project
- Kingsview announced, on September 13, 2022, the acquisition of the Norwalk Project, which consists of 33 claims covering approximately 460 hectares
- The Norwalk Property is known to host indications of strong gold potential
- Kingsview Minerals Ltd. is a mineral exploration company focused on its gold exploration properties
- Kingsview Minerals Ltd. (KVM) opened trading at $0.12 per share
Kingsview Minerals (KVM) announced that RT Minerals received the necessary regulatory approvals, allowing Kingsview to acquire the Norwalk Project.
The project is located between Kingsview’s Hubcap Project (east and west properties) and Red Pine Exploration’s Wawa Gold Project.
Kingsview announced, on September 13, 2022, the acquisition of the Norwalk Project, which consists of 33 claims covering approximately 460 hectares.
The Norwalk Property is known to host indications of strong gold potential.
Concerning the NI 43-101, historic gold production is reported to have been 60 ounces of gold from 820 tons milled from the Norwalk mine, and other adits, pits and shafts are reported to have been located on the property.
Core drilling was carried out by RT Minerals in 2017 and 2018 and consisted of 21, mostly quite shallow, holes. The highlight of the program was hole N-17-14 which intersected 11.8 g/t gold over 1 m and 27.4 g/t over 1 m.
In line with the terms of the agreement, Kingsview purchased 100 per cent of the property from RT Minerals, subject to the existing 2 per cent net smelter return royalty, in return for $50,000 and 1,800,000 common shares of Kingsview.
“The addition of the Norwalk Property to our exploration portfolio dramatically increases the gold exploration potential of our Wawa Gold Project,” said James Macintosh, President and CEO.
“It fills a very strategic location within the Hubcap (east and west) project where we interpret that significant gold-bearing structures extend from the Red Pine discovery of visible gold in the Jubilee Shear Zone south of the Parkhill Fault,” he added.
Kingsview Minerals Ltd. is a mineral exploration company focused on its gold exploration properties, including the flagship Echum Project and the Hubcap Project, located in the active Wawa Gold Corridor in Ontario, Canada.
Kingsview Minerals Ltd. (KVM) opened trading at $0.12 per share.
