The Alexander Property is 100% owned by Conquest and is comprised of twenty-seven mining claims covering 448 hectares of land situated just beyond the security gate at Goldcorp’s Red Lake gold mine. The Property is located immediately east of the Red Lake Complex and Balmer Complex headframes within the Red Lake mining district.
The Alexander Property is situated within 2 kilometres of more than 28 million ounces of gold from past production and current resources and within 400 metres of Goldcorp’s Far East Zone gold discovery. The Alexander Property is of ample size to accommodate a high grade gold deposit at depth as repetition of the adjacent deposits at Goldcorp’s Red Lake gold mine. The stratigraphy under the property remains essentially untested below 700 metres depth. The richest gold bearing ore zones exist below a vertical depth of 1,300 metres in the High Grade Zone at the Goldcorp Red Lake gold mine which is less than 800 metres from the property boundary.