Tango Polymetallic Minerals Project
ALX 100% – Purchased in a related party transaction in 2018; Subject to a 2% NSR. An option to reacquire ½ of the royalty for $1 million expires in 2023.
8 claims totaling 13,709 ha
Northern Saskatchewan between the Town of La Ronge and the Athabasca Basin.
Situated in the Mudjatik Domain. Prospective for polymetallic mineral deposits (nickel, copper cobalt, and gold mineralization.)
2022 Exploration Plans
- No exploration plans for 2022. Project is available for partnering.
Historical sampling and trenching in 1979 identified cobalt values as high as 0.49% Co at the Sunlite trench. A gold-bearing quartz vein was later observed at the Sunlite Trench with one grab sample assaying at 18.0 g/t Au and 0.16% Cu. Limited surface sampling and ground geophysics were later carried out by other precious metals explorers, without any drilling having been conducted.
In 2018, ALX completed a sampling and prospecting program. Numerous trenches, including the Sunlite Trench, were located and channel sampled. In addition, a reconnaissance transient audio magnetotelluric (“AMT”) geophysical survey utilizing PULSAR receivers was completed and integrated into the property data base.
National Instrument 43-101 Disclosure
The technical information on this web page has been reviewed and approved by Sierd Eriks, P.Geo., Technical Advisor to ALX, and/or Jody Dahrouge, P.Geo., a Director of ALX, who are Qualified Persons in accordance with the Canadian regulatory requirements set out in NI 43-101. Readers are cautioned that some of the technical information described on this web page is historical in nature; however, the historical information is deemed credible and was produced by professional geologists/geoscientists in the years discussed.