Pardo Property (Ontario, Canada)

• 113 sq. km. Paleo-placer Gold property 65 km north-east of Sudbury.
• Gold bearing conglomerate “reefs” possessing large tonnage potential. 
• 100% interest in 80 sq. km. of claims.
• 70% interest can be earned in an additional 33 sq. km. of claims pursuant to an option agreement with Endurance Gold
• Initial 50% interest earned by incurring $1 M of expenditures and making payments aggregating $200,000 during the first three years of the term of the option. 
• 50% interest can be increased to 70% by Ginguro paying an additional $250,000 and incurring an additional $1M prior to the end of year 5 of option.
• 2009 drill program encountered gold bearing conglomerate in 14 of 17 holes and:
• Confirmed extensions to the mineralized basal conglomerate.
• Encountered significant thickening of the host rocks.
• Recovered large nugget of gold from gravelly conglomerate bed at depth of 41.5 metres.
• 2010 drilling identifies major unconformity at the base of the gold bearing boulder conglomerate ( likely to represent a regional erosion surface upon which detrital gold-bearing sediments were deposited much in the same stuly as the well studied Witwatersrand Basin .
• Drilling planned to resume in Q1 of 2011 and to continue throughout 2011 field season.

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