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Golden Pursuit Achieves Permit Approvals for Exploration at Its South Gordon Lake Project, NWT
VANCOUVER, BC / ACCESSWIRE / September 12, 2022 / Golden Pursuit Resources Ltd. (TSX-V:GDP)...
About this update from Golden Pursuit Resources Ltd.
[{"type":"text","content":"Golden Pursuit Achieves Permit Approvals for Exploration at Its South Gordon Lake Project, NWTVANCOUVER, BC / ACCESSWIRE / September 12, 2022 / Golden Pursuit Resources Ltd. (TSX-V:GDP) (Golden Pursuit or the \"Company\") is pleased to announce the receipt of permit approvals from the Mackenzie Valley Land and Water Board (\"MVLWB\"). These permits include Land Use permits to allow work on territorial and federal lands and a Water License to allow water use up to 300 cubic meters a day. These permits and license will allow the Company to operate their exploration program for up to 7 years on their South Gordon Lake Project (\"SGLP\" or \"the project\"). The SGLP is located 90 kilometers north-northeast of Yellowknife, Northwest Territories and is centered around the south end of Gordon Lake.The Company has 100% ownership of all significant, known, historic mineralization, occurrences and historical in the project area. The Project comprises ten (10) historical occurrences, five (5) of these are past historical gold producers, that are covered by 18 territorial and 13 federal claims along with 4 historical mining leases. The properties in the project area have been extensively explored and mined since the 1930's. The properties have no royalty or payment obligations to outside interests aside from two small leases recently purchased which have buyback options.With the benefit of having the MVLWB permits in hand, Golden Pursuit will now evaluate and prepare for a detailed exploration program outlined in the Company's June 2022 NI 43-101 report with special focus on the breccia zones located in the regional refold area located in the area south of Gordon Lake, the area of deep drilling at the Camlaren Mine and the Lynk Zone near Kidney Pond.Brian McClay, President and CEO, commented, \"Receiving the MVLWB Permits for SGLP is a major milestone for Golden Pursuit and represents the culmination of extensive engagement, collaboration and consultation with Indigenous Peoples of the NWT and the Federal/Territorial Regulators. We are grateful that our community-centred approach to responsible mineral development and environmental stewardship was a vision shared by all parties involved in the permitting process. We would like to thank all stakeholders for their support as we navigated the permitting process and are looking forward to the n...