Newfoundland

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ADJACENT PROJECTS

Jumpers Brook

Jumpers Brook gold project is strategically located adjacent to, and on trend, with Sokoman Minerals Corp.’s Moosehead gold project in the Central Newfoundland Gold Belt.  This acquisition is in keeping with C2C Gold’s strategy to evaluate and aggressively advance targets to the drill stage while expanding the currently large, prospective land position.

The Jumpers Brook property is host to three documented mineral showings including the Sugar Mountain gold-arsenic occurrence with up to 3.3 g/t gold in historical rock samples. Sokoman Minerals Corp. is drilling the adjacent gold project (Moosehead) which has intersected several high-grade gold zones, including 11.90 m @ 44.96 g/t gold.1 

Jumpers Brook Highlights:

  • 100% interest in two mineral licenses (22 claims) including the following highlights:
  • Sugar Mountain gold-arsenic showing consisting of coarse arsenopyrite in quartz veins with reported historical values of up to 3.3 g/t gold;
  • Jumpers Brook #1 mineral occurrence  consisting of pyrite and arsenopyrite veinlets in sandstone;
  • Jumpers Brook #2 pyrite-antimony mineral occurrence returning up to 16.6 ppm antimony and 1.1% arsenic in historical rock samples.

The Jumpers Brook property is covered by two mineral licenses containing 22 claims over 550 hectares (5.5 km sq). The Trans Canada Highway and secondary roads provide excellent access to the property, which is located four km east of the town of Bishop’s Falls.

The Sugar Mountain gold-arsenic occurrence was discovered by a prospector in 2000 and hosts mineralization in a 2 m wide quartz vein containing abundant coarse arsenopyrite. The vein cuts altered and brecciated mafic rocks of the Silurian Botwood Group.

The Jumpers Brook #1 showing is documented as veinlets of pyrite and arsenopyrite in hornfelsed sandstone.

The Jumpers Brook #2 pyrite-antimony showing is at the thrust contact between Badger and Botwood Group rock units. Mineralization consisting of arsenopyrite with minor pyrite is exposed for 50 m  in deformed and brecciated sandstone.

The historical exploration data and analytical results reported in this news release were compiled from publicly available assessment reports and other data filed with the Department of Energy, Industry, and Technology, Government of Newfoundland and Labrador. Neither C2C Gold Corp. or a qualified person has verified the historical sampling, analytical, and test data contained in this news release. The historical rock grab sampling results are selected samples and are not necessarily indicative of the mineralization on the properties. Management cautions that past results or discoveries on properties in proximity to Jumpers Brook may not necessarily be indicative of mineralization on the property.

Tom Joe and Rocky Brook

The strategic acquisition of the Tom Joe and Rocky Brook properties provides the Company with known gold occurrences which will be included as part of C2C’s 2021 exploration program.  

Tom Joe and Rocky Brook Acquisition Highlights:

  • 100% interest in two mineral licenses (ten claims) covering the Tom Joe gold-arsenic occurrence with reported historical values up to 1.9 g/t gold in rock samples;
  • 100% interest in two mineral licenses (two claims) covering the Rocky Brook East Gold occurrence with reported values of up to 5.3 g/t gold from rock samples collected on surface;
  • The Tom Joe and Rocky Brook East gold occurrences are included in areas targeted for surface exploration in C2C’s 2021 field program. Acquisition of the Tom Joe and Rocky Brook mineral licenses expands the Badger project area to 330 sq km and increases the Company’s total Central Newfoundland Gold Belt holdings to 4,617 claims (1,154 sq km).

Tom Joe Project

The Tom Joe gold-arsenic occurrence is covered by two mineral licenses containing ten claims over 250 hectares (2.5 km sq). Tom Joe is located 25 km south of the town of Badger and is easily accessed by a road transecting the property. According to assessment report records, Altius Resources Inc. conducted surface work programs on the property during the late 1990’s and reported gold in mineralized rock samples containing pyrite, arsenopyrite and sphalerite from the Tom Joe occurrence. There has been limited work on the property; the most recent publicly documented work was a till sampling program completed in 2017 by Stratton Minerals where several anomalous gold-in-till samples were collected in the area.

The Tom Joe gold-arsenic zone of mineralization and carbonate-sericite-kaolinite alteration in rubble was noted by a prospector in 1996 while prospecting new road cuts. The Tom Joe property is underlain by Cambro-Ordovician marine siliclastic sediments of the Victoria Lake supergroup mapped as lying stratigraphically beneath the Carodician black shale unit and Badger Group sedimentary rocks.

Rocky Brook

The Rocky Brook East Gold occurrence is covered by two mineral licenses containing two claims over 50 hectares (0.5 km sq) situated on the northern border of the Company’s Badger property. The Rocky Brook property is located ten km north of the town of Badger on the Trans Canada Highway and is easily accessible via logging roads. Historical rock sampling results as reported in assessment reports include quartz-carbonate veins returning values up to 5.3 g/t gold.

The Rocky Brook East showing was first documented in the late 1990s when a local prospector discovered quartz-carbonate veins and breccia mineralized with galena, chalcopyrite, and arsenopyrite. The mineralized area is hosted in a sequence of gabbroic plugs and dykes intruding metasedimentary rocks. There has been minimal exploration work on the Rocky Brook gold occurrence.

The property lies near the Red Indian Line, a major deep crustal structure, where mafic to felsic volcanic rocks and sediments of the Roberts Arm Belt to the west lie in thrust-faulted contact with sediments of the Badger Group to the east.

The historical exploration data and analytical results reported in this news release were compiled from publicly available assessment reports and other data filed with the Department of Energy, Industry, and Technology, Government of Newfoundland and Labrador. Neither C2C Gold Corp. or a qualified person has verified the historical sampling, analytical, and test data contained in this news release. The historical rock grab sampling results are selected samples and are not necessarily indicative of the mineralization on the properties.

Rocky Pond and Burnt Lake

100% interest in the Rocky Pond and Burnt Lake gold properties located 70 km northeast of the Company’s Badger, Millertown, and Barrens Lake projects in the Central Newfoundland Gold Belt.  Historical quartz vein samples from the Rocky Pond Gold occurrence contained up to 51.8 g/t gold, with abundant arsenic. Rocky Pond is adjacent to and on trend with New Found Gold’s land package hosting the Queensway discovery.

Rocky Pond and Burnt Lake Acquisition Highlights:

  • 100% interest in three mineral licenses (27 claims) covering the Rocky Pond gold occurrence;
  • Rocky Pond has similar mineralization to New Found Gold’s Queensway discovery, including quartz veins with stibnite, arsenopyrite, pyrite, and up to 51.8 g/t gold in historical rock samples.
  • 100% interest in one mineral license (4 claims) covering the Burnt Lake gold occurrence with up to 270 ppb gold from quartz veins.

Rocky Pond Project

The Rocky Pond property is easily accessible via the Trans Canada Highway and forest access roads. The property has seen sparse exploration since the discovery in 1998 of two structurally controlled quartz veins containing stibnite, pyrite, and arsenopyrite. Rock samples collected at this time returned up to 52.8 g/t gold and abundant arsenic. It was reported that the veins may continue for at least 100 m along strike.

Rubicon Minerals Corporation conducted a short program of prospecting, rock sampling and trenching in 2003, and exposed a quartz vein up to 1 m wide containing arsenopyrite clots and local pyrite. Rock samples from outcrop returned 74 and 110 ppb gold and 535 and 507 ppm arsenic.  The project is underlain by Ordovician siliciclastic rocks.

C2C plans to integrate the vendor’s data into the company’s regional dataset and conduct an exploration program as part of its 2021 exploration season.

Burnt Lake Project

The Burnt Lake property is located 35 km north of the town of Gander. A forest access road provides entry to the property, which is underlain by Ordovician siliciclastic rocks. According to historical records grab rock samples from quartz veins within a gabbro sill intruding black shale returned up to 270 ppb gold. Assessment report records also document the recovery of numerous fine grained delicate gold grains from a till sample. The till sample was collected from the trench that exposed the mineralized quartz vein; the exposed mineralization was not thought to be the source of the gold.

The historical exploration data and analytical results reported in this news release were compiled from publicly available assessment reports and other data filed with the Department of Energy, Industry, and Technology, Government of Newfoundland and Labrador. Neither C2C Gold or a qualified person has verified the historical sampling and analytical data in this news release.