Canstar has acquired several properties in the Kenora, Ontario area, collectively called the Kenora Gold Project. The Kenora Gold Project represents four separate properties made up of 19 mining claim blocks comprised of 182 units for an area of 7,280 hectares. The properties are situated in the Wabigoon sub-province, and located approximately 20 km east of the Town of Kenora.
The Kenora Gold Project represents an area of historic mining during the 19th and early 20th century, and has seen little exploration since that time. During its time of production, the area accounted for 55% of gold production in Ontario. Geologically the properties occur near the boundary of the English River and Wabigoon subprovinces. Gold occurrences on the Project are typically high-grade and associated with regionally extensive shear zones, as well as dilational breccias.
Two high-grade gold areas were delineated during the 2015 exploration program: the Ace Showing on the Aviator trend; and the Westin Showing on the Westin Trend. Both areas returned significant results and confirmed the presence of extensive and high-grade gold mineralized systems, including a 29.3 meter section (true width) averaging 3.1 g/t at surface over the Ace showing and two samples returning greater than 10 g/t gold on the Westin trend.
An IP survery onver the property was completed in June 2016, and delineated a number of features: • A series of chargeable-resistive anomalies that run parallel to a known major structure; these anomalies trend over 1.6 kilometer distance, currently comprised of 11 targets at various depths; • The "Ace" Showing falls on this trend and has a coincident chargeable-resistive anomaly; the Company recently announced results from the Ace Showing including a 29.3 meter channel sample with a gold grade of 3.1 g/t (see Company's press release dated June 20, 2016); • A long, continuous anomaly can be observed extending for 900 meters on this trend • A second, previously unexplored anomaly branching off the known mineralized trend to the southwest, which extends a minimum 300 meters with 3 continuous anomalies; • A third previously unexplored trend located at the northwest portion of the property which extends for 500 meters; this trend appears to occur at shallow depths and extends to approximately 150 meters depth; Canstar will be commencing a drilling program in August 2016.