A STRING OF ADVANCED GOLD EXPLORATION PROPERTIES IN NORTHERN SASKATCHEWAN
Current Key Projects
MAS Gold is currently entering a more intensive phase of work directed towards establishing the resource base for it “hub and spoke” mining model for its Preview-North and Greywacke projects that will include:
Drilling on the Greywacke property
Upgrading the resource classifications and extending the resource to depth at Greywacke North, and exploration on the Lyons and Greywacke south zones
Drilling on the Preview North property
North Lake drilling
Upgrading the resource classification and testing resource extension to depth and to north
Point Deposit and Joe Prospect drilling and exploration work
Further definition drilling and surface geological mapping on the Point deposit and Joe prospect on the Preview North Property
OUR INNITIAL TARGET IS TO DEVELOP A MILLION ONCES GOLD RESOURCE
MAS Gold Corp. - TXSV-MAS - is focused on exploration projects in Saskatchewan along the La Ronge Greenstone Belt.
These road accessible projects are located approximately 60 km west of producing Seabee and Santoy gold mines operated by SSR Mining Inc.
In the belt, MAS Gold Corp. operates the Greywacke and Preview North Properties that include North Lake and Point advanced gold projects, each hosting drill-intercepted zones of gold mineralization.
With addition of the Elizabeth Lake VMS deposit and Henry Lake , MAS controls four properties totaling 45, 660 hectares (105, 414 acres) along geologically prospective sections of La Ronge, Kisseynew and Glennie Domains of the La Ronge Gold Belt.
The Greywacke North deposit, which hosts several known stratabound, high-grade gold-bearing zones, has 255,500 tonnes at 9.92 g/t Au (cut-off grade of 5 grams gold/tonne) plus an Inferred Mineral Resource of 59,130 tonnes at 7.42 g/t Au (NI 43-101 Technical Report, June 1, 2016).
The North Lake deposit located at Preview North Property is estimated to contain an Inferred Mineral Resource of 14,110,000 t grading 0.92 g/t Au, hence 417,000 contained ounces of gold
"I consider the La Ronge gold belt and a lot of Saskatchewan to be very prospective" said Netolitzky. "The section, in which we are working with MAS Gold, is part of the Lower Proterozoic Trans Hudsonian Orogeny, specifically domains of island arc and sedimentary basin rocks that have been folded and re-folded, faulted and highly metamorphosed."
"What is most interesting, they resemble the kind of setting that we see in West Africa, where the Lower Proterozoic belts are considered very prospective for gold."
Excerpt from the article about Ron Netolitzky from February/March 2020 issue of the Resource World Magazine
TARGET TO DEVELOP MILLION + GOLD RESOURCE
Our initial goal is to develop over a million ounces of gold resource, by consolidating resources of our portfolio properties located in a geologically potent La Ronge Gold Belt, Saskatchewan, Canada.
___________________________________
EXISTING INFRASTRUCTURE
The properties have been selected strategically to be located near existing road and other infrastructure for cost efficiency.
___________________________________
FAVORABLE JURISDICTION
The province of Saskatchewan offers mining friendly jurisdiction and the local community is supportive of our activities
MAS GOLD - VIDEO PRESENTATION
BUSINESS PLAN
GREYWACKE PROJECT
Potential standalone underground mining operation. A low cost processing facility envisioned to be located on site.
Positive preliminary metallurgical tests support the concept of efficient gravity recovery plans.
PREVIEW NORTH PROPERTY
Potential open pit mine at North Lake area.
Preview North area envisions a centralized processing plant where the ore of various grades from the nearby satellite deposits would be commingled for cost effective processing.
Positive preliminary metallurgical tests support the concept of efficient flotation recovery plans.
January 22, 2021 - Mas Gold Corp. Announces Results of the Annual General Meeting
January 6, 2021 - MAS Gold Corp. Appoints New CEO and Issues Stock Options
December 31, 2020 - MAS Gold Closes Oversubscribed Non-Brokered Private Placement
December 15, 2020 - MAS Gold Announces Upsize of Non-Brokered Private Placement to Up to $2.9 Million
December 8, 2020 - MAS Gold Announces Private Placement to Fund the Work Activities Directed Towards Establishing a Resource Base for the “Hub and Spoke” Mining Model at Preview-North and Greywacke Properties
November 03, 2020 - MAS Gold Announces Related Party Loans
David Tupper - VP of Exploration - Presentation on Lithological and structural controls for gold mineralization at the North Lake and Greywacke North gold deposits - Geologic Open House, Saskatchewan, December 2019