The Dufferin Gold Project consist of 218 claims covering approximately 3,529 Ha
Meguma Gold claims are located along strike and adjacent to Resource Capital Gold Corp’s property.
Discovered in 1868, production on the adjacent property totalled approximately 35,300 ounces of gold mined from 110,566 tons of ore between 1883 and 1925 from 18 vein systems over a strike length of 1.5 km
East Dufferin was discovered in the early 1980’s, production in 2001 of 55,000 tonnes averaging a recovered grade of 13.4 g/t Au. A total of 35 quartz saddle reef zones have now be discovered over 3 km of strike length
Adjacent property hosts an Indicated Resource of 115,500 tonnes @ 11.9 g/t gold for 58,000 contained ounces and an Inferred Resource of 703,900 tonnes @ 6.6 g/t gold for 150,000 contained ounces (NI 43-101 Resource Estimate – Resource Capital Gold Corp – April 2017)
Recent PEA completed on adjacent property indicates 216,050 gold ounces could be recovered over a 10 year mine-life with a post-tax $89.2M NPV(5%) and 121% IRR (NI 43-101 PEA – Resource Capital Gold Corp – Apr 2017)