Piney Lake Gold PROPERTY



  • Historical datasets  
  • The property sits within the Glennie Domain and mafic to mafelsic lithology
  • Tabbernor fault and shear zone is just to the east of the property
  • The lithology of property is basic volcanic, quartz diorite-tonalite to granodiorite, and quartz-diorite


  • Nearby historical geochemical sampling indicates past gold showings to the north on a north-south trend
  • 7.55g/T – Au (~375m)
  • 7.3g/T – Au and 11.4g/T – Ag(~1400m)
  • 8.52g/T – Au (~2.75km)
  • 41.35g/T – Au (~4.1km)


  • The general area was explored for gold in the 1990’s by Placer Dome Mines and 2010-2012 by Thurloe Gold Syndicate
  • 2013 North Arrow Minerals announced diamond discovery just to the west of claims
  • 2014 Alto Minerals explored the area focusing on diamond and kimberlite intrusions



  • Located ~65km east of the La Ronge Provincial Park
  • 2267.8ha
  • Only 2.5km west of North Arrow Minerals diamond property, Pikoo
  • Surrounded by SGO / SSR Mining gold claims
  • Access to Pelican Narrows is available by provincial highway with claims being ~18km to the southwest on Highway 135 or to Deschambault Lake on Highway 911
Click/tap image to enlarge.

Market data


Gold’s diverse uses – in jewelry, technology and by central banks and investors – mean different sectors of the gold market rise to prominence at different points in the global economic cycle. This diversity of gold demand and the self-balancing nature of the gold market underpin gold’s robust qualities as an investment asset. The Global Financial Crisis coincided with a significant shift Eastwards in demand for gold. This was driven not only by cultural affinity but also by wealth creation and income growth in some of the world’s most dynamic and rapidly growing economies.

“Gold is among Canada’s most valuable mined commodities, with a production value of $13.2 billion in 2022.”


  • Total gold supply in 2023 increased 3% y/y as mine supply and recycling both posted growth.
  • Jewellery: Gold jewellery represents the largest source of annual demand for gold per sector. India and China are by far the largest jewellery markets, accounting for over 50% of the global total.
  • Technology: Gold is used as an industrial metal in a broad range of applications, but demand is driven by the electronics sector which accounts for ~80% of gold used in technology.



Catley Lake & Centennial East


The disclosure of technical information in this presentation has been prepared in accordance with Canadian regulatory requirements as set out in National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”) and reviewed and approved by Andrew Watson, P. Eng, VP, Engineering and Operations who acts as the Company’s Qualified Person, and is not independent of the Company.