Argo Gold sees precious metal potential among the banded iron formations near Pickle Lake. The Toronto exploration company picked up 760 hectares of claims in a cash-and-share deal with Denison Mines, then staked some additional claims to create a land package of 7,982 hectares.
The property acquired from Denison Mines, known as the Talbot Lake Gold Project, is 60 kilometres northeast of the town of Pickle Lake.
In a June 11 news release, Argo said Talbot Lake has several unexplored iron formations containing quality gold targets and one partially-explored high grade vein-type gold deposit. Continue Reading →