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Solstice Gold Corp. (TSXV:SGC) New Listing

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Solstice is a new gold-focussed exploration company created through the spinout by Dunnedin Ventures of 100% of the district scale Kaluna Project.

Additional Information:

Company: Solstice Gold Corp.
Website: http://www.solsticegold.com
Stock Symbol: TSXV: SGC
Date Published: May 14, 2018
Transcript: Available

Video Transcript:

I’m Samantha Deutscher for Investmentpitch Media

Solstice Gold Corp. is one of the latest new listings on the TSX Venture Exchange, trading under the symbol “SGC”.

Solstice is a new gold-focussed exploration company created through the spinout by Dunnedin Ventures of 100% of the district scale Kaluna Project.

The Kaluna Project is located in Nunavut, Canada, only 26 kilometres from Rankin Inlet and approximately 7 kilometres from the Meliadine gold deposits owned by Agnico-Eagle Mines.

The Kaluna Project consists of 806 square kilometres plus certain other rights covering an adjacent 860 square kilometres.

The 2018 exploration program will consist of winter and summer programs with a combined goal to further define drill targets in high priority areas of the Project and to daylight additional targets.

The winter programs began on April 12th and are expected to continue until late May, with the summer programs expected to start in late June and continue until late September.

Up to 5,000 metres of shallow rotary air blast drilling in 34 target areas started in late April.

The drilling, designed to sample both the tills and shallow bedrock, will take place in parts of the Westeros area, an area generally covered by thin glacial till.

This is a proven method of sampling in areas of lesser outcrop that has been successfully used in similar environments.

Additionally, the company is planning 5,000 line kilometres of ground magnetics at 25 metre spacing in the Central and the North target areas.

A total of 635 samples of till collected in 2017 are currently being processed for gold grain analysis, with results expected in 4 to 6 weeks.

These samples are focussed on extending coverage over the south west limb of the large regional Westeros fold.

Extensive magnetic and till database, which focussed on diamonds and would cost more than $7 million to replace, should allow for rapid evaluation of gold potential.

Highly angular gold grains show limited travel from source.

Solstice has re-processed and interpreted its extensive geophysical data across the project as part of a compilation of all available data.

The interpretation by Solstice supports the presence of 3 major high strain zones or ‘breaks’ across the Kaluna project, which are similar in scale and age to the Pyke fault or ‘break‘ which is spatially related to the Agnico Eagle Meliadine gold deposits.

The shares are trading at $0.265, and with 66.8 million shares outstanding, the company is capitalized at $17.7 million, and is well financed with $8 million in the treasury.

For more information, please visit the company’s website at www.solsticegold.com, or contact Marty Tunney, President, at info@solsticegold.com I’m Samantha Deutscher for Investmentpitch Media