USA Gold Projects
- Logan Resources Ltd. entered into an option agreement with Pilot Gold (USA) Inc., a wholly-owned subsidiary of Liberty Gold Corp., in July 2016 to evaluate nine mineral exploration properties and earn a participating interest of up to 80% on four of the properties
- Logan Resources Ltd. earned 51% participating interest in four of the properties (Brik, Antelope, Viper, and Easter) in August 2017
- The properties are all located in Nevada, USA, a mining friendly jurisdiction
- Four properties to evaluate provides optionality
- Brik contains significant gold mineralization in the near surface, November 2016 drill program confirmed presence of gold mineralization
- Antelope is near four modern gold mines and has significant concentrations of gold in two sediment-hosted zones
- Viper exhibits spectacular bladed and lattice epithermal textures in veins and vein stockworks and free gold is visible in a number of outcrops
- Easter has been explored historically, but the deposit remains unconfined and unexplored down-dip
Dr. Craig Bow, Vice President Exploration of Logan, is a Qualified Person (“QP”) as defined by National Instrument 43-101. The QP is a member in good standing of the American Institute of Professional Geologists as a Certified Professional Geologist (CPG.). Dr. Bow has reviewed and is responsible for the technical information disclosed on the website relating to the USA Gold Projects.
The Gorilla Lake Property (formally referred to as the Carswell property) is a uranium project located in the Athabasca Basin of Saskatchewan, Canada, one of the most prolific uranium regions in the world. The Gorilla Lake Property is held 80% by ALX, with Logan having a 20% carried interest.
Logan has a 100% interest in the Redford property which is located on the west coast of Vancouver Island near Ucluelet, British Columbia and consists of 30 claims with a surface area of 11,986 ha. Redford is a former producing mine with 4,480,940 tonnes produced at 56% iron with the potential for near term iron ore production.
Stewart Wallis is the Qualified Person (“QP”) as defined by National Instrument 43-101 for the Carswell and Redford projects. The QP is a member in good standing of the Association of Professional Engineers and Geoscientists of British Columbia (APEGBC) as a registered Professional Geoscientist (P.Geo.).