Kings of the North
Winter House Project
KOTN has a 100% interest in the Winter House mining project in Quebec.
The Winter House Project consists of 63 map-designated cells covering a surface area of 3,290 hectares (approximately 33 sq. km) and is located approximately 95 kilometres west of the town of Fermont, on the Quebec North Shore.
The Winter House project is part of the Superior geological province and is mainly composed of volcano-sedimentary rock assemblages of the Courcy and Soulard formations in contact with tonalites of the eastern Opatica Subprovince. Winter House is adjacent to the eastern border of Stelmine Canada’s Courcy project, which exposed gold mineralized zones, grading up to 24.8 g/t Au in grab samples (see Stelmine Canada PR dated October 17 of 2017) and up to 167 g/t Au over 0.5 metres in channel samples and up to 4.27 g/t Au over 42 m, including 12.15 g/t Au over 13.5 m in drill samples.
Based on historical work, the Winter House project shows strong electromagnetic anomalies detected by a MAG-AeroTEM (magnetics and electromagnetics) airborne geophysical survey performed in 2008. These anomalies extend over a few kilometres and could represent potential targets for gold. During the summer of 2017, a follow-up reconnaissance program on the ground allowed the vendors to collect a total of 123 bedrock (surface) grab samples on these geophysical anomalies. These samples have been submitted for analyses for gold and a package of multi-elements. The results from these analyses are pending and will be released as soon as all results are received and compiled.
Hemlo North Limb
The North Limb Property is located northeast of Lake Superior, within the Wawa Subprovince in Ontario, Canada. The property is situated roughly 45 km northeast of the town of Marathon, Ontario, and only 17 km northeast of the producing gold mine at Hemlo. The North Limb Property is comprised of 37 unpatented claims totaling 398 units.
The company’s interest in the project is driven by the similarity of formations within the project boundaries and at the nearby Hemlo Mine. These porphyry bodies contain gold within and adjacent to the property boundaries of the Hemlo North Limb Property. In addition, multiple gold and precious metal targets occur within banded iron formation and volcanic hosted massive sulfides. The company believes the multitude of gold and base metal targets generated by past work coupled with geophysical anomalies and historic drilling have de-risked the next phase of exploration.
Isoukustouc Nickel Project
The Isoukustouc (B-40) Nickel-Copper Occurrence discovered in 1997 by P. Boudrias occurs to the southeast of the Manic-3 Property. Isoukustouc (B-40) occurrence gave the best results of Ni-Cu of Manic-3 and Mathilda Properties. This outcropping mineralization is composed of pile breccias of semimassive sulfide of pyrrhotite, pyrite, chalcopyrite, pentlandite and disseminated sulfides and millimetric stringers. Thin veins are locally a stockwerk. Descriptive data are insufficient to compare this mineralization with that of Magmatic Breccias of Voisey’s Bay Deposit.
Board of Directors includes: Mark Billings, Neha Tally, Peter Smith and Gerry Nicholls.