Focused on Mineral Exploration in British Columbia
Newton Gold Corp. controls some of the most prospective mineral holdings in British Columbia, highlighted by the 100%-owned Newton Mountain project near Taseko Mines' Prosperity Au-Cu project. Recent results from Newton Mountain, under option to Amarc Resources Ltd. (part of the Hunter Dickenson group), indicate the property could host a large, open-pit style bulk-tonnage gold-copper porphry resource.
Drilling on 2 square kilometers of an eight square-kilometer target has returned potentially ore-grade gold intercepts over broad intervals. Drill results included:
- 189 meters grading 1.56 g/t gold, including 99 metres grading 2.76 g/t gold in hole 9004;
- 138 metres grading 0.74 g/t gold, including 63 metres grading 1.17 g/t gold in hole 9014
Amarc is operator of the project and can earn an 80% interest in the Newton project by spending $5 million.
Newton Gold is also exploring the Chuchi Project, a large-scale copper-gold porphry target near the Mt. Milligan Mine (Thomson Creek Metals).