Parcel 23361 East half of North half of Lot 11, Concession 1 Bond Township, Cochrane District 80 Acres / 32.375 Hectares
This is a mining claim to be enjoyed 21 days per year. This is a tenting property to be used for camping and prospecting only.
The vendor will retain a 2.5% net smelter return should a mine be located and precious metals are produced and derived from this property.
Location: South of Highway 101, east of Nighthawk Lake, near the town of Timmins, Ontario. 47,000 Acres of Crown Land abuts this property.
Directions: From Toronto drive north along Highway 11 for 590 km (365 mi) (past New Liscard) to the junction of Hwy 11 and 66 east. Continue north along Hwy 11/101 for 42 km (25.2 mi). The Gibson Lake road will be on the south side of the highway. Proceed down the Gibson Lake road for about 12 km (7.2 mi) to a forest access road and proceed east for a further 10 km (6 mi). A four-wheel drive truck or four-wheeler bike is recommended.
Minerals: This area is an active exploration zone for base metals and gold, with two mining companies operating nearby. This indicates that the area has mineral potential, although there is no suggestion that either occurrence is related to this property. The property appears to be mainly drift covered. The projected geology indicates it is underlain by intermediate to Felsic volcanics.
Price: $4,800.00 payable $680.00 down and 24 monthly payments at $180.00 and interest. Or $4,320.00 (10% off) if paid $432.00 with orderand $3,888.00 within 30 days.