Golden Goose Project
Mount Peyton Linear · Central Newfoundland, Canada
28.5 km²
93 mineral claims
Up to 75%
Option interest
969.5 m
2023 drilling · 8 holes
1.29 ppm Au
Over 17.3 m (2023)
Overview
A drill-ready gold-antimony system in the Beaver Brook district
The Golden Goose Project sits along the Mount Peyton Linear in central Newfoundland — a regional trend of gold showings with multiple historic discoveries. It forms part of the larger Peyton South Property, which hosts the Corsair, Hurricane, Apache, Comanche and Sabre showings.
2023 drilling completed 969.5 m in 8 holes, confirming near-surface gold mineralization and identifying new mineralized zones — including 1.29 ppm Au over 17.3 m. The gold system carries stibnite, the primary ore mineral of antimony, located beside one of North America's largest antimony mines.
An NI 43-101 technical report was filed in June 2025 recommending drilling of prospective targets.
Explore the property
Location · Geology
01 / 02
Location & access
- ~30 km west of Gander, 46 km east of Grand Falls-Windsor
- 5 km south of the Trans-Canada Highway, 2 km west of the Beaver Brook Resource Road
- Forestry roads and trails — most areas reachable by vehicle or short walk-in
- Low-lying forested terrain, 1–5 m of glacial till cover
02 / 02
Geology & mineralization
- Structurally controlled, hosted mainly in altered diorite along NE-striking fault systems
- Quartz-sericite-pyrite alteration with arsenopyrite and stibnite — Au, Sb, As, locally Ag
- Corsair and Hurricane trends tied to IP chargeability anomalies
- Multiple mineralized zones identified by 2023 drilling along both trends
Exploration history
Four decades of work
- 1988Discovery
Government lake-sediment sampling flagged anomalous gold at Mount Peyton; prospecting along the Salmon River found gold-mineralized boulders and the Hurricane, Corsair, Apache, Comanche and Sabre showings.
- 1989–90Noranda · 14 holes
Line cutting, soil/silt sampling, mapping, magnetic/VLF/IP surveys and test pitting defined the Hurricane and Corsair Au-Ag-As-Sb trends; the Peyton Trend was identified and 14 holes intersected several gold-bearing altered zones.
- 2007Paragon · 2 holes
Prospecting, rock sampling and two diamond drill holes extended Hurricane Trend mineralization to depth and confirmed additional sericite-silica-pyrite-arsenopyrite alteration.
- 2022Etruscus · Geophysics
~33.5 line-km of line cutting, 30.3 line-km of IP, 40 line-km of walking magnetometer surveying and 3D inversions refined chargeability and resistivity targets along gold-bearing structures.
- 2023Etruscus · 969.5 m · 8 holes
Step-out diamond drilling confirmed extensions of known gold zones and identified new gold-antimony mineralization with pyrite/stibnite, intense sericite and quartz alteration — including 1.29 ppm Au over 17.3 m.
- NextPlanned
A focused 1,500 m drill program in 10–12 holes targeting the Corsair and Hurricane trends and untested geophysical anomalies.
2025 program
Recent work — completed
- Desktop review compiling historic and 2023 drilling, geochemistry, IP geophysics, mapping and structural data into a modern geologic model.
- Data-gap identification and evaluation of surveys that could materially improve the model.
- Targeted field work — mapping, prospecting, sampling, ground geophysics and access validation.
- Integration of new field data, updated geological/structural model, ranked targets and finalized collar locations.
Next step
Planned drill program
- 1,500 m
- Focused program
- 10–12
- Drill holes
- Integrate 2021 Au-As-Sb soil/rock anomalies, 2022 IP/magnetic inversions and 2023 drill results into a single target model
- Prioritize the Corsair and Hurricane trends — highest-priority mineralized trends with significant untested gaps
- Follow up MP23-08 and weakly tested chargeability anomalies — potentially a new zone outside the historic corridors
- Test continuity, geometry and grade repeatability along NE-striking mineralized trends
The opportunity
Why antimony, why now
US$22–60k
Per tonne — prices spiked after China's September 2024 export controls, up >200%.
~80%
Of global refining is controlled by China; the US imports >80% with no operating domestic mine.
US$129M+
In US Defense Production Act awards — plus a proposed US$2.7B EXIM loan — to rebuild domestic antimony supply.
Read the technical report
The NI 43-101 technical report for the Golden Goose Project was filed in June 2025 on SEDAR+.