Located in Northumberland County within the Bathurst Mining Camp, the property comprises four claim groups with 114 contiguous mineral claim units covering around 2,508 hectares.

Discovered in the mid-1950s, the Chester deposit has since undergone various exploration and drilling programs. It has several small zinc-copper sulphide deposits which lie beneath an extensive copper-bearing Stringer zone.

As per the LoI terms, Z-Gold will have an option to acquire the property over a three year period by paying C$80,000, issuing 7,250,000 common shares, providing financial commitment for C$100,000 as well as complete a C$500,000 program.

The LoI is subject to the receipt of approval from the TSX Venture and shareholders of Z-Gold Exploration.

 

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