Long Range continues to search for additional properties to expand its presence in Newfoundland. However, the company has no desire to enter a land grab just for the sake of acreage, but it will review areas and targets of merit that meet its initial structural exploration criteria.
With that in mind, we will utilise the satellite-based structural interpretation study to review beyond the Simms Ridge Area of Interest. This means benchmarking gold showings that coincide with fault zones and/or shear dilations for potential mineralization traps within the property and applying those same characteristics on a more district scale to the neighbouring properties.
Ultimately, the search for orogenic gold is not a difficult one; the challenge is to find it in geographically confined but with economic grades and tonnage that make financial sense for either open-pit and/or underground development.