Newmont Lake

Newmont Lake – Our Flagship Project in British Columbia’s Golden Triangle

The 688km² Newmont Lake Property contains at least four large, distinct mineralized systems. The project’s geology, mineralization styles, exploration results and proximity align with some of the richest known deposits in the Golden Triangle.

  • Hosts at least four large mineralized systems across 688km² – Burgundy, McLymont, North Toe and Chachi
  • Geology, mineralization, results and proximity align with some of the richest known deposits of the Golden Triangle
  • Early exploration has produced exceptional drill results
  • Sampling, mapping and geophysics have resulted in large areas of high-grade and highly-prospective showings

The Golden Triangle – One of the World’s Richest Mineral Regions

The Golden Triangle of northwest British Columbia is a richly mineralized, world-class mineral district hosting multiple successful mines. This region, with rapidly-expanding mining infrastructure (see map and discussion below), hosts some of BC’s most successful historical/present-day mines and mineral projects.

  • A focus for the major mining companies – with recent M&A in excess of $5 billion
  • $4.5 Billion in Infrastructure Investments
  • Tahltan Nation – Pro business, pro mining, supportive partners

Galore Creek

World’s largest undeveloped gold project, 50/50 JV between Teck and Newmont

Red Chris

70% interest acquired by Newcrest in 2019 for $807 million USD


Newcrest acquired Pretium Resources and the Brucejack operation in 2022. It is one of the highest-grade operating Au mines in the world

Eskay Creek

Highest grade gold mine in the world when in production. Now being advanced to the permitting process ahead of production by Skeena


World’s largest undeveloped gold project, held by subsidiary of Seabridge Gold Inc.


Produced 1 million ounces of Au from 1991-1999 at 27.5 g/t. Hochschild Mining is currently operating to earn 60% of Skeena’s interest in the project

Investment Highlights

Newmont Lake represents one of the largest contiguous land packages (688km²) in the heart of the Golden Triangle.  The property is largely untouched by modern exploration and offers district scale potential.

  • Potential world class alkalic porphyry discovery at Burgundy Ridge – 2021 discovery hole intersected 331m of 0.71% CuEq from surface
  • 2022 exploration program recently completed; focused on:
    • Expanding mineralized footprint at Burgundy – aim to demonstrate world class alkalic porphyry system with size and grade to rival Galore Creek
    • Expanding bulk-tonnage style gold mineralization at McLymont
    • Assays are anticipated Q4, 2022
  • Proximity to recent infrastructure investments in the region
  • Exploration strategy designed to attract interest from major
    mining companies

Over $4 billion invested in infrastructure

  • Highway 37 paved north from Smithers
  • New 287 kV powerline
  • 303 MWatts of clean hydroelectric power at property edge
  • Year-round deep water ocean port in Stewart, BC
  • Development access potential from Galore Creek and Eskay Creek mine roads

Newmont Lake

Enduro Priority Targets