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Exploration Project Red Lake Properties

Overview History and Current Status String of Pearls Location

Key Facts

Location: Red Lake, Ontario, Canada
Mineral Tenure: 28,266 ha
Interest: 100%
Deposit type: No deposits; various types of mineralization and metals
Stage: Early exploration
Infrastructure: limited
Royalties: Various; Royal Gold 1.0% (subject to 4.0% cap)

Red Lake, Ontario, Canada is one of the most prolific gold mining districts in the world.

The region has produced more than 28 million ounces of gold. Battle North Gold controls more than 100-square miles, or 28,000 hectares, of mainly grassroots exploration property in Red Lake, Ontario, Canada, which makes Battle North Gold the second largest land holder in the region.

High-interest exploration targets include:

  • McCuaig
  • East Bay
  • DMC/Slate Bay
  • Sidace Lake
  • Red Lake North
  • Adams Lake

History and Current Status

Evaluation and work on the Red Lake Properties are ongoing and the Company will provide updates to the markets as warranted.

String of Pearls

The String of Pearls are a series of high-priority targets – McFinley Zone, Pen Zone, CARZ and Island Zone – within 2 kilometres of the Bateman Gold Project infrastructure that could potentially provide incremental mill feed to the Project’s future production. These targets have been historically drilled (including intersections of high-grade mineralization) and can be potentially accessed from the underground if the company is able to delineate NI 43-101 mineral resource estimates from these zones. In 2020, Battle North Gold began confirmatory exploration activities at the String of Pearls.

String of Pearls
Figure 1

McFinley Zone

The McFinley Zone is located approximately 420 m west of the Bateman Gold Project’s F2 Gold Zone, the main deposit of the Project. The McFinley Zone benefits from historical drilling and a partially completed 15,000-ton bulk sample program (with head grade estimates of approximately 0.25 ounces per ton) undertaken in the 1980s from three developed underground levels: 46 m, 84 m, and 122 m Levels. These levels are connected to the Project shaft and with a direct connection to the F2 Gold Zone on the 122 m Level. Gold mineralization at the McFinley Zone is primarily hosted in gold-bearing quartz veins and sulphides in BIF and basaltic unit settings. The McFinley Zone is comprised of three distinct sub-areas of mineralization (the B, C, and D Zones) that appear to be displaced by a local fault. The C Zone is hosted along an ultramafic and basalt contact while the B and D Zones are hosted within an intermixed BIF/basaltic unit. The McFinley Zone has a historical mineral resource estimate (which is not NI 43-101 compliant) of 303,000 tonnes grading 6.86 g/t Au to a depth of 122 m and mineralization remains open along strike and down plunge/dip.

Historic McFinley Deposit Technical Report (Hogg, 2002) 

Historical (Pre-2020) McFinley Zone Chip Sample Data (Battle North news release dated August 11, 2020; Table 5)

2020 McFinley Zone Chip Sample Data (Battle North news release dated August 11, 2020; Table 4)

2020 McFinley Zone Drill Program Sections (Battle North news release dated September 24, 2020; Diagrams 2-11) 

McFinley Zone
Figure 2

Pen Zone

The Pen Zone is a mineralized target area located within 550 m of the Bateman Gold Project. Battle North has conducted drilling from the 244 m Level exploration drift of the Project, targeting the high-titanium basaltic units, which are the main host rock of gold mineralization in this zone. The information gathered from the 2020 Pen Zone drilling program is expected to further advance the Company’s understanding of the lithological and structural controls on the gold mineralization in the zone. Historical drilling at the Pen Zone demonstrated high-grade mineralization and initial assay results from the current drilling program appear to confirm those historical results. Current modelling of the Pen Zone High-Ti Basalt Units has this zone potentially extending at depth, which warrants further exploration drilling.

Pen Zone
Figure 3


Figure 1