AMCL is a Canadian-based mineral exploration company comprising experienced management and expertise in discovering and developing gold deposits in Canada and other areas of mineral exploration interest. Canada and Ontario in particular, hosts some of the world's most endowed mineral regions and the birthplace of several world class Canadian gold producers. The AMCL business model is designed to focus on known areas of current and past gold production for exploration and development; to acquire significant land claims that best exploit the particular region under consideration, and to maximize shareholder leverage by appointing the best consulting and management experts in order to reduce shareholder risk.
Advandtel Mineral's current exploration and development activity is concentrated in the Beardmore - Geraldton Gold Camp (BGGC), situated approximately 120 kilometres northeast of Thunder Bay, Ontario. The Beardmore Geraldton Belt (BGB) is a 30 km wide and 80 km long belt composed of alternating slices of tectonically transposed metavolcanic and metasedimentary rocks. This historic gold camp has produced over 4.1 million ounces of gold to date. But due to recent results coming off the ground from various operators, the gold camp has virtually exploded into a very serious exploration play.
With Kodiak's discovery of the Golden Mile, Goldstone Resources' Brookbank Project, and Premier Gold's Hard Rock project, the outlook for the region has never been brighter.
One visible gold grab sample (#609954) taken from the Golden Mile, graded 6,025 g/t Au (174 oz/t Au).
Many new exploration companies immediately started staking the area in a rush to acquire additional claims with the result that all property in the immediate surrounding area has been acquired. As a result, the Beardmore - Geraldton Gold Camp has become one of the premier exploration areas in the world, with excellent infrastructure and political stability.
Advandtel Minerals had foreseen the potential of this gold camp back in 2006 along with another junior partner and the result was the acquisition of over 2000 acres known as the Black Water River Property.
The Black Water River Property has a known history of gold exploration in the immediate area as well as the Property itself with very positive results generated in the surrounding area during the 1930's when the Beardmore gold camp was active with producing mines including the Northern Empire Mine (to the west), Leitch Mine (west) and the MacLeod-Cockshutt Mine (to the east); these mines produced just under 2.75M ounces of gold.
The Black Water River Property has significant background exploration history with the result that four primary target trends were previously identified including the Pichette, Dougall, Dalton and Vega-Craskie Trends. Samples taken throughout these trends have confirmed gold grading from 0.01 to 2.01 opt of Au.
This geological setting is very similar to that found at the historic multi million ounce MacLeod-Cockshutt mine located to the east, part of the focus of Premier Gold's Hard Rock Project. Recently, Premier Gold has uncovered samples from their Hardrock Project that include 1,141.5 g/t Au (33.3 oz/ton). This project was recently named the Discovery of the Year for 2009.
In 2008 an airborne geophysical survey was completed over the Black Water River Property. The resulting magnetic and electromagnetic data confirmed the four primary target trends that are prospective for iron formation and/or shear-vein hosted gold. The Property runs west-east from the Maki Midas strike of approximately 5 kilometres, with a strike of over 5 kilometres east of the Maki property.
These trends among others will be the subject of a continuing exploration and drilling program to be conducted throughout 2010.
Advandtel Minerals also remains open to joint ventures, staking opportunities and/or farm-in arrangements in the Beardmore-Geraldton Gold Camp in conjunction with increased recognition of the area as a potential major source of gold mineralization for development and extraction.