California Gold Mining Inc. is focused on developing its flagship Fremont gold project in Mariposa County, California. The project consists of a land package totaling 3,351 acres of historically producing gold mines. The Fremont Property lies within California’s prolific Mother Lode Gold Belt that has produced over 50 million oz of gold historically. The Company published its first NI 43-101 compliant, open-pit constrained mineral resource at Fremont in November 2016, totaling 515,000 ounces at an average grade of 1.71 g/t gold in the Indicated category, and an additional 364,000 ounces at an average grade of 1.44 g/t gold in the Inferred category. The deposit remains open along strike and at depth, and management has recently commenced a drill program to substantially expand the current shallow resources along strike.
California Gold Mining