Golden Peak holds several claim blocks in the Hemlo Greenstone Belt of Ontario. With over 22.0 M ounces of historic gold production, the Hemlo district offers world class discovery potential. Golden Peak has optioned several claim blocks (15,964 Ha) in the camp all of which offer similar geology and structure to the current and former mines in the camp. Historical exploration within the assembled land position is limited. In 2017, the Company completed an airborne VTEM TM survey that identified three geophysical anomalies within the assembled land position. The Company is considering options to follow up on the identified geophysical targets.
In the Atikwa Lake area of Northwestern Ontario, the Company holds title to 2,201 Ha that includes the historic Maybrun Mine (Au-Cu) and the Company has optioned an additional group of claims in this emerging gold district. Mining at Maybrun was suspended in 1973 and the property is currently held under temporary suspension. The Atikwa Lake properties fall within a prospective gold-copper trend extending from the Cameron Gold discovery 15 kms to the SW through to the Kenbridge Ni-Cu discovery 6 kms to the NE. Multiple gold anomalies have been identified along this structural trend.