eResearch | Today’s Video-of the-Day is from InvestmentPitch Media about Graycliff Exploration Ltd. (CSE: GRAY) as the Company has a new listing on the CSE and started trading today.
Based in Toronto, Graycliff is a mineral exploration company focused on its Shakespeare Project. The 517 hectares project consists of 24 claims in two contiguous blocks and can be reached on Highway 17 from Sudbury, Ontario.
The Shakespeare Property is located approximately 80 kilometres west of Sudbury, in the Sudbury Mining Division of Ontario. The project is located near the historic Shakespeare gold mine, which was in operation from 1903 to 1907 and produced a total of 2,959 ounces of gold from six underground levels.
Previous companies carried out exploration on the property between 1938 and 2014, including trenching, sampling and limited drilling. An IP survey completed in 2012 and, in 2014, GeoNovus Minerals Corp. completed three diamond drill holes totaling 371 metres.
In 2017, BTU Capital Corp carried out a short drilling campaign on the property and commissioned an Independent Technical Report on the property.
In 2019, a NI 43-101 Technical Report relating to the Shakespeare Property was released, titled “NI 43-101 Technical Report on the Shakespeare Property”. The purpose of the report was to summarize historical work on the Shakespeare Property. The report was amended and published on SEDAR on July 10, 2020.
Graycliff plans a Phase One program compiling the data from the 2014 and 2017 drilling programs, the 2012 magnetic and eyepiece surveys in 3D, and then interpreting the geophysical results. In Phase 2, the Company is planning a diamond drilling campaign of approximately a 1,000 metres.
To learn more about the Graycliff’s new listing, you can access today’s Video-of-the-Day here:
