Bartec Property

Goldstone owns a 100% interest in a mining concession, totaling 80 hectares (200 acres) in Barraute Township, in the Val d’Or district of Quebec. It is referred to as the Bartec property and is accessed by road 64 km north of the City of Val d’Or and is also crossed by the Canadian National Railway.

The Bartec property is underlain by Archean rocks of the Abitibi Greenstone Belt. The south part of the concession is underlain by intermediate to mafic volcanic rocks, and the north part by felsic to intermediate pyroclastic rocks and diorite. Gold occurs with sulphides in quartz veins emplaced within the northwest trending Bartec Fault.

Previous work on the Bartec property includes geology and geophysical surveys and diamond drilling. A mineral inventory on the Quebec Government geoscientific compilation map shows 90,720 probable (indicated) tons, grading 0.33 ounces of gold per ton (11.4 g/t).