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History of Hawk Ridge

History of Exploration at the Hawk Ridge Property

  • 1961 Sogemines discovered several showings and drilled Hopes Advance 5, 6 and 7
  • 1962-1963 Sogemines and Falconbridge drilled and discovered Hopes Advance Main and Schindler zones
  • 1971 Esso drilled 35 holes at Hopes Advance North
  • 1971-1974 Premium Iron Ore, Falconbridge and Lone Star Mining discovered Pio Lake, Fold, Lava and Gabbro showings and conducted drilling and underground test mining at Pio Lake, 6,000 tonnes high-grade ore stockpiled
  • 1987 Riverton Resources conducted geological studies
  • 1988 Dan Larkin staked the Hopes Advance and Pio showings
  • 1992 Phelps Dodge did a short field program on Hopes Advance 5, 6 and 7
  • 1995-1997 Troymin Resources conducted mapping, surface and airborne surveys and drilled 117 holes
  • 1997 Resource calculation completed on several zones (not compliant with NI 43-101)
  • 1998 Metallurgical studies on samples from Hopes Advance Main and Schindler Zones
  • 2001 PGE study by Dr. Jim Mungall, University of Toronto
  • 2003 PGE compilation by Dan Beauchamp
  • 2003 Merger of Troymin and Santoy Resources (now Virginia Energy)
  • 2012 Orient Venture Capital options the property from Virginia Energy