Burin Gold is a junior exploration company focussed on the exploration for and development of precious metal resources in the province of Newfoundland & Labrador, Canada. Specifically, the Company is actively engaged in the identification, acquisition, evaluation, and exploration of mineral properties in the underexplored Avalonian terrane on the Burin Peninsula, in the southeastern part of the island of Newfoundland. Limited historical exploration, including very little previous diamond drilling by previous explorers combined with comprehensive documentation of the overall alteration system by government and academic workers creates a compelling opportunity for the potential discovery of Newfoundland’s next multi million-ounce gold system.
The Company’s Hickey’s Pond – Paradise Gold Project (“HPP Project”) hosts several historical high-sulphidation gold showings over ~20 km of prospective geology, the best known of which is the Hickey’s Pond showing. Burin Gold’s 2020 diamond drill program yielded very prospective gold mineralisation in six of the seven holes drilled, including 10.8 m of 4.43 g/t Au in HP-20-002. IP-geophysical anomaly over the Hickey’s Pond area shows a significant chargeability anomaly over a strike of at least 2 km and open in all directions.
Six diamond drill holes totalling 951 m were completed in October 2020 across 750 m of strike length on the Hickey’s Pond showing and IP anomaly. All holes intersected alteration and mineralisation typical of high-sulphidation epithermal systems.