Foundation Resources Inc FDN:CA in joint venture with Alto Ventures Ltd ATV:CA announced results from the East Coldstream Deposit on the Coldstream Property in Ontario. Assays include 0.8 g/t gold over 10.55 metres (including 1.82 g/t over 4.3 metres), 1.34 g/t over 30.1 metres (including 10.01 over 2.95 metres), 1.26 g/t over 44.5 metres (including 7.14 g/t over 2.95 metres) and 1.15 g/t over 27.5 metres.
Foundation is the operator of the program with an option to earn 70% of the Coldstream Property. The East Coldstream Deposit has an historical, non-NI 43-101 compliant, mineral resource of 234,000 ounces gold. The Coldstream Property is located in the Western Superior geological province of the Canadian Shield.
View Company Profile
Nelson Da Silva
or Ralph Biggar
by Ted Niles