DRYDEN – Vancouver-based company Ashley Gold Corp has recently acquired 100 per cent interest in the 48 mining spots 40 kilometres southeast of Dryden in the Kawashegemuk Township.
Dubbed the Santa Maria Project, the project holds claim to 48 single cell mining sites across 2500 acres. These properties lie within the Eagle-Wabigoon-Manitou Lakes Greenstone Belt.
The after 1896-1899 Klondike gold rush in the Yukon, gold mining exploration became prevalent in the region, and after the discovery of the Santa Maria property, the area became known as the “New Klondike.”
This active mining area is best known to have several large-scale gold deposits which are lode gold deposits of the Archean age similar to the lode gold deposits located in Timmins, Kirkland Lake, and the Red Lake mining camps.
According to Ashley Gold Corp, “[t]he property can be accessed just 10 km south of Trans-Canada Highway #17, the main access road from Thunder Bay, Ontario. The working season in this region is considered to be year-round with very few exceptions. There are at least four known gold showings reported to be on the property within the 48 mining claims. These showings include the Santa Maria Shaft Zone (Shaft #1), The Lee Lake South Occurrence, The Lee Lake North Shore Occurrence, and, the Long Lake Gold – Quartz Vein.”
Magnetic data survey shows four isolated areas of interest: The Santa Maria #1 Shaft Zone, The Lee Lake South Occurance, The Lee Lake North Shore Occurrence, and the Long Lake Gold-Quartz Vein.
