Two more properties for Glen Auden Resources

Several properties have been acquired by Glen Auden Resources. In the Swayze area, southwest of Timmins, Ont., the company has acquired a 100% interest in 77 claims. Located in Swayze and Denyes twps., the property is comprised of three claim blocks.

The 6-claim Denyes-Sylvanite group covers a gold occurrence averaging 0.22 oz gold per ton across 8.5 ft. A secondary zone also exists, having been trenched in the 1930s, Glen Auden says. Another 39 claims comprise the Topboot group. In the 1930s, surface sampling yielded a 12.5-ft section assaying 0.31 oz gold per ton, according to government reports.

Neither property has ever been drilled or explored in detail for gold, the company says. The remaining 32 claims form the Saxon Lake group which protects several airborne geophysical conductors.

The company has also entered into a joint venture with two private companies which gives Glen Auden and Goldrock Resources the right to earn a 25% interest each in 73 claims. Located in Raney Twp., approximately 76 miles southwest of Timmins, Ont., the property covers several gold showings associated with quartz porphyry and a carbonate alteration zone.

In the Casa Berardi area, which extends into Ontario from Quebec, Glen Auden and partner Island Canyon Mines have completed a $125,000 program on their Tweed Twp. property. Work completed included geophysical surveys and overburden drilling. Several strong conductors were outlined by the surveys and anomalous gold values, ranging up to 5,500 parts per billion gold, were encountered in six holes. Diamond drilling of the property is expected to start shortly.



Republish this article

Be the first to comment on "Two more properties for Glen Auden Resources"

Leave a comment

Your email address will not be published.


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.