Big Ridge Gold Corp is an exploration company that owns golds project in Newfoundland, Manitoba, Quebec and Ontario.
The company’s principal assets include Hope Brook Gold Project, Oxford Gold, Destiny Gold Project, and Beardmord Project.
Hope Brook Gold Project
The gold producer can earn up to 80 per cent stake in the Hope Brook Gold Project, located in Newfoundland. The property consists of 1,056 mineral claims in an area of 26,400 hectares. Between 1987–1997, the past-producing high-grade gold mine produced 752,162 ounces of yellow metal, the mining firm claims.
The property is situated approximately 85 kilometers to the east of Port Aux Basques on the southwest coast of Newfoundland and Labrador in Canada. In addition, it hosts Mine Zone and 240 Zone.
The Canada-focused mining firm says that infrastructure include plans a 1,100-meter airstrip, operational 28-person camp, an electrical power grid and an ice-free docking facility.
The company further aims to explore on the 26,000-hectare property comprising several mineral concessions.
Oxford Gold Project
The Manitoba-based gold project is wholly owned and operated by Big Ridge. The gold property consists of banded iron formation and historical rusty gold deposit, the firm claims. It consists of 17 contiguous mineral claims and three mineral exploration licenses in an area of 35,992 hectares. Oxford Gold is situated in the Western Superior region of the Canadian shield.
The Rusty Gold Deposit reportedly hosts reserves totaling 800,000 tons of gold.
In the Blue Jay Zone, the company claims to have drilled the RUS12-03 hole in 2012. Rusty Deposit is divided into various zones of banded iron formations and anomalous gold.
Destiny Gold Project
Big Ridge has a 100 per cent stake in this project located in the prolific Abitibi gold belt. The property consists of 127 mineral claims in an area of total 5,013 hectares.
The mining claims that in past the Abitibi Greenstone Belt reported reserves of up to 450 million tons of copper and zinc and 80 million gold ounces. The property hosts several gold-bearing quartz veins prevailing within five parallel altered shear area, the Canadian miner claims.
In Ontario, Big Ridge owns and operates five gold projects, of which four projects are located in the Beardmore-Geraldton gold camp. It consists of 15 mineral leases and is spread in 409 hectares of land. The company claims to operate near Miner Lake and Mud Lake in the region. The project is situated north of Equinox Gold’s Brookbank Deposit.