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The Sheraton Property is located 25km southwest from Matheson, Ontario and 10km east of Timmins, with excellent access via a network of forestry. The Sheraton Property consists of fifty-eight (58) unpatented mining claims located in the Province of Ontario.
The property covers the geological contact of a sequence of felsic to intermediate volcanic and volcaniclastic rocks of the Wawa-Abitibi greenstone belt, which is highly prospective for Cu-Zn±Au±Ag VMS-style mineralization.
Exploration by Cross Lake Minerals in the late 1990s on the adjacent property at Cross Lake identified bedded sulphides containing Zinc grades ranging from 1% to 6%, with local high-grade pods containing up to 18% Zn over a true width of 3 m, with silver values ranging up to 911 g/t Ag. Also, Copper grades of 1% to 3% were encountered over estimated true widths of up to 12 m (Vaillancourt, 2001).
The mineralization represents VMS style, and Planet Green will look for similar critical and precious metal mineralization on the Sheraton Property. The presence of significant copper mineralization at the adjacent Cross Lake property makes the Sheraton Property a compelling target.
CSE : PGR
