Boreal Gold Corp. announces exploration progress on its Fay Lake property in Manitoba and Melgurd Lake property in Saskatchewan. The company highlights recent discoveries, including new gossans and a separate massive sulphide horizon. It emphasizes its focus on high-grade copper and gold exploration, particularly at the Redwin shaft area and the Fay showing. Boreal also reveals its plans for further exploration work in 2025, including detailed geological mapping, prospecting, and geophysical surveys.
wishes to provide an overview of the Company, recently listed on December 17, 2024. The Company is composed of seasoned explorationist and proven discoverers who bring a wealth of experience and expertise to an area that has a proven track record for discovery. Since 2022, the Company has acquired two large properties, one each in Manitoba and Saskatchewan and raised almost $2 million to explore these properties to develop drill targets prior to listing.
With the increase demand for critical minerals such as copper, Boreal plans to focus its efforts where high-grade copper was obtained in grab samples from trenches on the property with the idea of drill testing areas of high copper and gold concentration. Gold is now reaching all time highs of over $2,800 US per ounce or over $4,000 Canadian per ounce.
discoveries were made in the summer of 2024, including new gossans on the southern horizon, and a completely separate horizon of massive sulphides known as the Sunrise Horizon located NE of the main workings immediately west of the rail line. On the far eastern portion of the Fay Lake property, Boreal plans to prospect and sample the Jasper mineral occurrence on Koscielny Lake where mineralization contains values of up to 11.81 g/t Au over 1 m. Visible gold was noted in some of the historic “e” sized drill core.
EXPLORATION MINERALIZATION COPPER GOLD CRITICAL MINERALS MANITOBA
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