It fills a very strategic location within the Hubcap (east and west) project where we interpret that significant gold bearing structures extend from the Red Pine discovery of visible gold in the Jubilee Shear Zone south of the Parkhill Fault in their SeptemPress Release. "The addition of the Norwalk Property to our exploration portfolio dramatically increases the gold exploration potential of our Wawa Gold Project.
As per the NI 43-101, historic gold production is reported to have been 60 ounces of gold from 820 tons milled from the Norwalk mine, and other adits, pits and shafts are reported to have been located on the property.Īs per the terms of the Agreement, Kingsview purchased one hundred percent (100%) of the Property from RT Minerals, subject to the existing 2% net smelter return ("NSR") royalty, in return for fifty thousand dollars ($50,000) and one million eight hundred thousand (1,800,000) common shares of Kingsview. Garry Clarke, P.Geo, Clark Exploration Consulting) grab sample assays from different locations on the property, including gold values ranging from 0.23 grams per tonne ("g/t") to as high as 64.04 g/t at the Norwalk mine, and ranging from trace to 70 g/t gold at other locations such as the Gananoque vein and the Red Carbonate Zone. The Norwalk Property is known to host indications of strong gold potential with RT Minerals reporting in a NI 43-101 compliant report "Technical Report On the Norwalk Property", July 15 th 2020 ("NI 43-101", J. On September 13, 2022, Kingsview announced the acquisition of the Norwalk Project which consists of 33 claims covering approximately 460 hectares (See Figure 1). (CSE: KVM) (FSE: 0L4) (the " Company" or " Kingsview") is pleased to announce that RT Minerals received the necessary regulatory approvals, which allowed Kingsview to close the acquisition of the Norwalk Project ("Norwalk" or "Acquisition"), located between the Kingsview's Hubcap Project (east and west properties) and Red Pine Exploration's Wawa Gold Project. October 19, 2022) - Kingsview Minerals Ltd.
Northern Boundary of Acquired Land Located 1,500 Metres from Red Pine Exploration's Jubilee Discovery Hole
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