The Gander North Property consists of 100 claims covering 2,500 hectares of highly prospective exploration ground within the Central Newfoundland Gold Belt. The claims are dominantly underlain by Davidsville Group sediments, with similar lithologies and regional geophysical magnetic signatures as the New Found Gold Queensway high grade gold discovery located approximately 43 kilometers to the southwest. The Davidsville Group Sediments are also in contact with ultramafic rocks on the southeastern potion of the claims. Good access to the Gander North property will allow Supernova to carry out its exploration efforts in an efficient and cost-effective manner.
The Canning’s Brook Property consists of 60 claims in two contiguous claim blocks covering 1,500 hectares of prospective ground for gold exploration. The claims are underlain by Botwood Group and Spruce Brook siliciclastics sediments of Silurian and Cambrian-Ordivician ages respectively. GSC airborne magnetic surveys suggest significant regional scale structural features exist within the claims boundaries and the property is located at the junction of the Mt. Peyton Intrusive Suite and major structures/thrusts referred to as the Great Bend.
The Gander South Property, consisting of 97 claims and covering 2,425 hectares, is also located in the heart of the Central Newfoundland Gold Belt; approximately 45 kilometers southwest of the Queensway gold discovery. The claims are also located 1.5 kilometers directly along strike from Beaver Brook Antimony Mine and near numerous high priority gold occurrences and recent till discoveries held by New Found Gold Corp. Situated directly adjacent to the Mount Peyton Intrusive Suite, the claims are underlain by Botwood Group Sediments and located within a very prospective and complex geological environment.