New Brunswick Gold Properties
Harry Brook Property (50% JV with Freewest Resources TSX.V:FWR)
Harry Brook is located approximately 20 km to the northeast of the Annidale claims in a very accessible area of the province. This area had seen sporadic gold exploration over the years. Small claim blocks had been staked by prospectors and it was known from provincial geochemical surveys that one of the highest stream sediment gold anomalies in the district had come from Harry Brook.
In 2005, Susan Johnson, a geologist with the N.B. Department of Natural Resources, discovered a float boulder of quartz vein material in Harry Brook which assayed 1320 g/tonne gold (nearly 40 ounces per tonne gold). This represents the highest gold assay ever recorded in New Brunswick and suggests the possibility of high-grade gold deposits in the region.
Armstrong Brook Property
- Located near Saint John, the property includes an open-pit gold mine which operated in the mid -1980s,producing about 226,000 tonnes of ore with a reported head-grade of 1.6 g/t gold.
- The property also covers a 10 km long area of gold showings plus geophysical and geochemical soil anomalies.
- In 2006, Geodex entered into a JV agreement with Mantra Mining (TSX.V:MAN) to explore the Armstrong Brook project.
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