Conquest Resources Ltd (CQR)

[NYBob]

Mining Companies Flock To Stake Claims In Red Lake After Recent Gold Strikes In That Area
Published: July 28, 2020 at 8:32 a.m. ET

https://www.marketwatch.com/press-release/mining-companies-flock-to-stake-claims-in-red-lake-after-recent-gold-strikes-in-that-area-2020-07-28-81973250


Alexander Gold Project
Red Lake, Ontario
The Alexander Property is situated within 2 kilometres of more than
28 million ounces of gold from past production and current resources
and within 400 metres of Goldcorp’s Far East Zone gold discovery.

The Alexander Property is of ample size to accommodate a high-grade
gold deposit at depth as repetition of the adjacent deposits at
Goldcorp’s Red Lake gold mine.

The stratigraphy under the property remains essentially untested
below 700 metres depth.

The richest gold bearing ore zones exist below a vertical depth of
1,300 metres in the High Grade Zone at
the Goldcorp Red Lake gold mine which is less
than 800 metres from the property boundary.

Conquest's target on the Alexander claims is an extension,
or repetition, of the mineralization at the Red Lake mine.

The Red Lake mine is claimed by Goldcorp to be
the richest gold mine in the world with
approximately 28,000,000 ounces of historic
production and current reserves.

https://www.conquestresources.com/project/alexander-gold/


Location and Property Description
Conquest's Alexander Property comprises 27 patented claims
covering 448 hectares (1,107 acres) adjoining
Goldcorp's Red Lake mine.

Conquest’s land is situated just beyond the security gate at
Goldcorp’s Red Lake gold mine and is almost completely
surrounded by Goldcorp's Red Lake mine property.

The Alexander claim holdings are patented and do not
require any annual minimum expenditures, other than
nominal property taxes.

https://www.conquestresources.com/project/alexander-gold/