|0.5% NSR / 1.0% NSR|
|Operator: Big Ridge Gold Corp|
The Oxford Lake property lies in the southwest portion of the Archean Oxford-Knee Lake greenstone belt in the Oxford-Stull Domain of the western Superior Province of Manitoba. The principal target model for Oxford Lake is Banded Iron Formation (BIF) and there already is a historical deposit, the Rusty Gold Deposit, that was discovered in the late 1980’s. The Rusty deposit has reported historical resources of 800,000 tonnes averaging 6 g/t Au. The deposit is open on strike and to depth. Another significant area of mineralization is the Blue Jay zone, located approximately 2 km east of Rusty; gold mineralization here is also associated with BIF. To the west, a large target area, extending for over 10 km is interpreted to be BIF but it has been tested by only two drill holes, one of which returned almost 1 g/t over 3 m intercept in BIF.
The above information comes from various sources including the public domain, and Empress Royalty has been unable to verify the information.