Uragold Bay Resources has retained the services of Inlandsis Consultants to oversee and interpret the sampling program of the 400,000 oz past Moe River alluvial gold deposit and the McDonald auriferous till.
The Phase I program comprises 600 glacial till sampling program of the McDonald auriferous till. The company will collect the gold samples at regular intervals through the wide road network, which covers the 425 km2 auriferous anomaly. The purpose of this sampling is to estimate the works of B.C.McDonald, Geological Survey of Canada and also Dr Gleeson and Dr Rampton’s follow-up work. McDonald was the person to discover the gold anomaly all over the thin glacial till overload in 1966. Rampton and Gleeson have reported the outlines of geochemical distribution in the glacial drift and proposed two potential localities as a minimum for hard rock gold resources. The combined results will allow targeting possible gold mineralization regions and recognizing new in-situ bedrock anomalies.
The Phase II program will include the study and sampling to authenticate the 400,000+ ounce past placer gold deposit of the Moe River property. The purpose of the program is to assess the fiscal prospective of the auriferous gravels in the benches and banks that occur analogous to the Moe River.
The location of the McDonald property is in the southwestern area of the Quebec Appalachians in the Eastern Townships of the Quebec Province.