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Kenora Mining District

The Kenora Mining District, which covers more than 75,000 km2 and extends >360 km eastward from the Manitoba border and >200 km northward from the U.S. border (see map below), was historically the centre of gold production in Ontario. By the early 1900s several gold mines were in place, accounting for more than 55% of gold production in Ontario. However, the area was subsequently vacated in favour of other gold rushes in Timmins and Kirkland Lake and by 1912 economic conditions forced the closure of many of the mines. The Goliath Gold Project is located within the Eagle - Wabigoon - Manitou Greenstone Belt of the Wabigoon Subprovince of the Archean Superior Province, northwestern Ontario. This area is now host to several multi-million ounce NI 43-101 compliant mineral resources including: Rainy River (Rainy River Resources) and Hammond Reef (Osisko). For all the right reasons, the Kenora Mining District is currently experiencing a gold exploration renaissance. Treasury Metals was an early entrant into the region and has a significant land package. The area is well serviced by existing infrastructure and skilled labour and is located in the mining-friendly jurisdiction of Ontario.

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