Big Ridge Gold Corp. (TSXV:BRAU)

Big Ridge Gold Corp. (TSXV:BRAU)

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About
Big Ridge Gold Corp. is a TSX Venture Exchange listed gold exploration company trading under the symbol BRAU. The Company owns and operates gold exploration projects in Quebec, Manitoba and Ontario.

In Quebec, the Company is exploring the 100% owned Destiny gold project in the prolific Abitibi gold belt. The property hosts the DAC Deposit plus several other significant gold zones associated with a major shear corridor. The deposit comprises numerous gold-bearing quartz veins occurring within five parallel altered shear zones. The lower grade altered shear zones are significantly wider than the high-grade quartz veins,

In Manitoba, Big Ridge owns the Oxford Lake gold project which includes the Banded Iron Formation ("BIF") hosted historical Rusty Gold Deposit. The Rusty Gold Deposit has reported Historical Resource of 800,000 tons grading 6 g/t gold, containing 150,000 ounces**. Hole RUS12-03 drilled into the Blue Jay Zone, approximately two km on trend and east of the Rusty Deposit intersected multiple zones of iron formation and anomalous gold.

Big Ridge owns five gold projects in Ontario four of which are in the Beardmore-Geraldton gold camp. The Company is currently active at Miner Lake and Mud Lake both located north of the Brookbank Deposit that is being explored by the Centerra Gold Inc.-Premier Gold Mines Ltd. Joint Ventures as part of their Greenstone Project.

-Destiny Gold Project, Quebec:

-Overview:

-Ownership & Size: Big Ridge (formerly Alto)-100%, 127 mineral claims totaling 5,013 Ha.

-Stage:

Continuing Exploration: The property hosts the DAC Deposit comprised of high-grade quartz veins occurring within five parallel altered gold bearing shear zones. Mineralization extends from 15m to a depth of 400m. The DAC deposit is open along strike and at depth.

The NI 43-101 Resource Estimate for the DAC Deposit was SEDAR filed on March 7, 2011. Mineral Resources are not Mineral Reserves and by definition do not demonstrate economic viability. Alto’s President, Mike Koziol, P. Geo., a Qualified Person under the provisions of National Instrument 43-101, has reviewed and approved the technical information described herein.

-Location & Infrastructure:

Despinassay Township, road 100 km northeast of Val d’Or. The property is accessible by provincial highway 397 which passes through the property.

-Regional Significance:

The Abitibi greenstone belt contains some of the world’s largest gold and base metal deposits. The region has produced over 180 million ounces of gold and more than 450 million tonnes of Cu-Zn since the early 1900s. Great history of high-grade, multi-million ounce gold discoveries with excellent infrastructure, low development costs, and significant exploration potential for discovering new deposits.

The Destiny property lies along the Chicobi Fault Zone, one of the lesser explored regional deformation corridors in the Abitibi. The DAC Deposit is one of several significant gold zones along 6 km segment of a second order structure called the Despinassy Shear Zone.
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  • Website

  • Founded Year 2013

  • Employee Size 1 - 10

  • Address 1 Yonge Street, Suite 1801 Toronto, ON Canada M5E 1W7

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Big Ridge Gold Corp. is a publicly traded company listed on the TSXV under the ticker symbol SNG. If you are a U.S resident and would like to purchase Canadian securities traded on the TSXV or CSE please open an account at Interactive Brokers (Phone #1-877-442-2757 ) Interactive Brokers is an online discount brokerage that offers U.S residents access to trading Canadian securities. Interactive Brokers Group affiliates provide automated trade execution and custody of securities, commodities and foreign exchange around the clock on over 135 markets in numerous countries and currencies from a single Integrated Investment Account to customers worldwide. This is not investment advice. Please view the disclaimer found on this website.