| Company | Sorrento Resources |
| Date | 2022-08-01 |
| Region | Gander, Newfoundland, Canada |
| Commodities | Gold |
| Mine Type | Exploration |
| Status | Exploration |
Executive Summary
This NI 43-101 Technical Report covers the Wing Pond Property located in Gander, Newfoundland, Canada, owned by Sorrento Resources. The project is classified as an early-stage exploration opportunity with no current infrastructure or production. The property is situated in the Gander Lake Subzone of the Dunnage Zone and is underlain by metasedimentary rocks, including the Jonathan’s Pond Formation and Indian Bay-Big Pond Formation. The geological setting suggests a favourable structural environment for greenstone-related quartz carbonate vein type mineralization.
The report highlights that the property is underexplored with few recent results, though historical work indicates auriferous prospectivity. Significant parts of the property are covered by glacial till, and geophysical surveys have identified magnetic anomalies consistent with the Wing Pond Shear Zone. No drilling targets have been identified yet due to a lack of systematic geochemical sampling, and the author recommends further exploration to define potential mineralization.
Based on the conclusions, a two-phase exploration program is recommended to define zones of anomalous indicator geochemistry and mineralization corresponding to geophysical anomalies. Phase 1 involves soil sampling on a 400m x 400m grid and reconnaissance mapping, while Phase 2 involves infill sampling on a 200m x 200m grid contingent on positive Phase 1 results. The total estimated budget for the proposed work is approximately $547,500.
Reports
References
- Amor, S.D. 2018: Fluoride in Newfoundland tills.
- Blackwood, R.F., 1977, Geology of the east half of the Gambo map area.
- Colman-Sadd, S.P., 1990: Geology of the Island of Newfoundland.
- Graham, D., 1990, Report on Wing Pond Project.
- House, S., 2004, Assessment Report on Mapping, Prospecting, and Rock/Soil Sampling on Wing Pond Property.
- Van der Meer, L., 2022, NI 43-101 Technical Report on the Wing Pond Property.
Website: https://www.juniorminingnetwork.com/junior-miner-news/press-releases/3248-cse/srs/138028-sorrento-resources-engages-longford-exploration-to-perform-exploration-program-on-wing-pond-project.html
Report Date: 2022-08-01
Region: Gander, Newfoundland, Canada
Project Status: Exploration
Commodity: Gold
Throughput:
Mine Life:
Mine Type: Exploration
Ore type:
