Used Mining Equipment for Sale: Nass Valley Gateway Ltd., is geared to explore gold prospect sites in Ontario, Canada as it announce the signing of an Acquisition Agreement with Golden Dawn Minerals Inc. (GOM), while MSloane Consulting provides used mining equipment for sale to mining companies anywhere in the world. This acquisition gives the Company an option to acquire an 80% Joint Venture interest in three gold prospects within the Larder Lake Mining Division of the Province of Ontario, Canada. The three properties, Central Catharine, Link-Catharine, and the 80-Foot-Fall property are located within the Boston-Skead gold belt of northeastern Ontario. This crescent-shaped gold belt is 25 km south of the still productive Kirkland Lake gold belt that has yielded 24 million ounces of gold in the past century of mining. Gold mineralization in this belt occurs with quartz, quartz-sulphide veins and veinlets in Archean volcanic rocks that have been intruded by granitic batholiths.
For the Link-Catharine area lying centrally between the other two properties, the most recent exploration work within the package of properties was conducted in 2008 and 2009. Highlights include 3.55g/t gold over 3 m and 3.26 g/t gold over 1.2 m in hole DDH CAT 08-22, and 1.01g/t gold over 10 m and 2.65 g/t gold over 3.4 m in DDH CAT 08-04, and 17.5g/t gold over 1 m in DDH CAT 09-02. Together with values of 6.00g/t over 8.6 m and 1.91g/t gold over 20.4 m from hole 99-4, and encouraging gold values from numerous other holes within a broad target area, the results suggest an extensive zone of gold mineralization that warrants concerted continued evaluation for gold deposits.
