Cape Ray II was subject to a Wildwood option to earn 100% through staged cash, shares and exploration expenditures. The company was in default under that agreement and impaired C$1,577,543 during the year ended June 30, 2024, leaving a nominal C$1 carrying value at March 31, 2025. No mineral resource has been reported.
- Country
- Canada
- Commodity
- Au
- Stage
- Exploration