Monday 24th October 2016

Resource Clips

Confederation, Redstar report Ontario Gold Results of 343 g/t over 0.6m

Resource Clips - essential news on junior gold mining and junior silver miningConfederation Minerals Ltd TSXV:CFM in joint venture with Redstar Gold Corp TSXV:RGC announced assays from their Newman Todd Property in the Red Lake Gold District of Ontario. Highlights include

343 g/t gold over 0.6 metres
2.49 g/t over 15 metres
(including 4.06 g/t over 7.5 metres)
1.35 g/t over 25 metres
(including 5.91 g/t over 2 metres)
1.18 g/t over 32 metres
(including 10.91 g/t over 1 metre)
1.66 g/t over 20 metres
(including 7.16 g/t over 1 metre)
1.18 g/t over 21 metres
(including 3.51 g/t over 5 metres)

Confederation can earn a 50% interest in the project by spending $5 million on exploration by November 2013. The company can earn an additional 20% by producing a preliminary economic assessment by November 2016. Confederation acts as project operator.

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Confederation Minerals Ltd
Lawrence Dick

Redstar Gold Corp
Tim Mikula
Business Development

Read more about Confederation Minerals Ltd.

by Greg Klein

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