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Norse Gold`s main asset is it 100% interest in the 3,231 hectare Morris Lake Property, consisting of seven claims and three leases, 75 km north of Yellowknife. Gold on the property was discovered in 1945. Work conducted at the Viking zone included underground test work and diamond drilling. The Property saw additional drilling during the late 1980`s and again during the period 2005 to 2008 when Viking Gold Exploration Inc. held the claims. A total of 117 holes totaling more than 14,000 metres of diamond drilling have been reported on the leases within which the Viking zone is situated. Highlights of the drilling on the Viking zone include an intercept of 12.34 g/t gold over 8.25 metres. At the Max zone, located south of the Viking zone a single hole collared in 1.5 metres that assayed 16.87 g/t gold with further gold intercepts down the hole including 1.50 metres assaying 9.29 g/t gold; no follow-up drilling was conducted at that site. Other gold zones have been located on the property, such as at the Greenlee and Lucky Lake occurrences. Each of these received initial drill testing in the 1940`s and visible gold was reported in some of the drill holes. The geological model for the gold mineralization is that of an Archean lode gold deposit consisting of high grade shoots within a shear-vein system. The possibility that low-grade, large-tonnage deposits occur on the Property has not been tested.
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Newmont is a leading gold and copper producer. The Company`s operations are primarily in the United States` Australia` Ghana` Peru and Suriname. Newmont is the only gold producer listed in the S&P 500 Index and was named the mining industry leader by the Dow Jones Sustainability World Index in 2015` 2016` 2017 and 2018. The Company is an industry leader in value creation` supported by its leading technical` environmental` social and safety performance. Newmont was founded in 1921 and has been publicly traded since 1925. Newmont`s Purpose: to create value and improve lives through sustainable and responsible mining. Newmont`s Mission: We transform mineral resources into shared value for our stakeholders and lead the industry in shareholder returns` safety` social responsibility and environmental stewardship. Newmont`s Vision: We will be recognized and respected for exceptional economic` environmental and social performance. Newmont`s Values: Safety – We take care of our safety` health and wellness by recognizing` assessing and managing risk` and choosing safer behaviors at work and home to reach our goal of zero harm. Integrity – We behave ethically and respect each other and the customs` cultures and laws wherever we operate. Sustainability – We serve as a catalyst for local economic development through transparent and respectful stakeholder engagement` and as responsible stewards of the environment. Responsibility – We deliver on our commitments` demonstrate leadership` and have the courage to speak up and challenge the status quo. Inclusion – We create an inclusive environment where employees have the opportunity to contribute` develop and work together to deliver our strategy.