A modern take on proving historic value.
Privateer Gold is a development-stage company engaged in the acquisition, exploration and development of mineral properties in Canada. The primary focus of the company is the advancement of its high-grade narrow-vein gold in the Zeballos, British Columbia region, the heart of the 1930s Gold Rush in the Pacific Northwest.
Zeballos was the site of a major gold rush in the early 1930s that witnessed the rapid escalation of development to nine (9) significant mining operations at Zeballos’ peak production in 1940. Zeballos witnessed a forced reduction of mining activity thereafter due to the lack of miners caused by the war with a total cessation of all operations by 1944.
After the war mining operations were reinitiated, but due to a moratorium severely impairing the price of gold at $35 per ounce, all operations were ceased once again. The Surespan Gold Property is made up of crown granted mineral claims and mineral tenures that cover approximately 13km2 and is located on the west coast of Vancouver Island about 180km northwest of Vancouver, British Columbia.
Key Project Highlights
LAND • CURRENT • HISTORICAL
Consolidated ownership of the historic Zeballos high-grade gold mining camp; Drilling conducted over the past two years by Privateer Gold encountered grades of up to 1,386.50 g/t Au over 0.30m at a downhole depth of 85m in the newly discovered 88 Vein; Historic gold resource at the Privateer and Prident Mines of 122,470 measured tonnes grading 9.26 g/t Au and 324,772 indicated tonnes grading 15.09 g/t Au† (36,461 ounces Au measured and 157,565 ounces Au indicated).
LAND Consolidated claims of approx 1,000 hectares
324,772 indicated tonnes grading 15.09 g/t Au†