A District Scale Land Package in a Gold Rich Region
Solstice Gold Corporation is a new gold-focussed exploration company created through the spinout by Dunnedin Ventures Inc. of 66 claims, in addition to 12 partial claims and certain other rights covering the district scale Kahuna Project. Solstice's primary land package of 806 Km2 is adjacent to claims controlled by Agnico Eagle Mine which host their Meliadine Deposits (6.7 M Oz gold M&I [R&R Incl.] and 3.6 M Oz Inferred). In late 2016, Dunnedin acquired a proprietary property-wide geophysical and geochemical dataset and, in conjunction with its own data, prepared a new, property wide compilation. It is estimated that this gold-focused database and landholding would cost over $7 million (in 2017 dollars) and several years to replace. The dataset included airborne surveys and gold-in-till data from regionally extensive surveys. Geological mapping by Dunnedin has since confirmed the existence of multiple extensive host rocks (including iron formations), and structures similar to those found in the adjacent Meliadine Camp. Dunnedin has also successfully confirmed elevated gold in till and rock sample results on portions of the property tested thus far. Follow up work continues to identify prospective host sequences over a large geographic area.
The newly formed Solstice management team is comprised of Executive Chairman David Adamson PhD, President Marty Tunney P.Eng., Vice President Exploration Bob Singh P.Geo, Chief Financial Officer Tony Ricci CPA, CA and Strategic Advisor Chris Taylor P.Geo. The Board of Directors is to be made up of David Adamson - Executive Chairman, Chris Taylor, Chad Ulansky and Michael Leskovec.
Solstice was created from the spinout by way of Plan of Arrangement ("POA") in BC of claims and certain gold rights plus $1 million from Dunnedin Ventures. It is anticipated that Solstice, initially spun out as a reporting issuer, will become listed on the TSX-V, subject to regulatory approvals. Solstice has 66.8 million shares issued and outstanding.
At Solstice we believe operational best practice evolves and develops through embracing the communities in which we operate, considering cultural values and lifestyles with ongoing efforts to foster relationships of respect. We look to conduct our business in a transparent manner, seeking input through continuous consultation in an effort to work towards common goals.
R. Bob Singh, P.Geo, is the Qualified Person as defined by NI 43-101 standards responsible for reviewing the technical content of this website.
