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CBR Gold Corp. Edmonton, Alberta, (CBG: TSX-V) formerly Committee Bay Resources Ltd. is a Canadian based exploration company with a diverse portfolio of precious and base metal projects in North America and Australia. Well-Funded Gold Exploration Company Focusing on Canada’s Under Explored Arctic
News: February 26, 2009 - Name Change: CBR Gold Corp.; New Stock Symbol: CBG; Share consolidation, READ MORE Three Bluffs gold project in Nunavut - Niblack Au-Cu-Ag-Zn project, Alaska CBR is focused on the advancement of two wholly owned resource projects; the Niblack Au-Cu-Ag-Zn project in southeastern Alaska and the Three Bluffs gold resource project in Nunavut , Canada . The Company also has several generative to early stage projects globally and is continuing to search for and evaluate undervalued gold and copper projects worldwide. In addition, CBR Gold Corp. conducts year round exploration to advance its early staged projects and continues to monitor the market for undervalued acquisition opportunities.
Three Bluffs gold project in Nunavut
Located northeast of Baker Lake, Nunavut, Canada.
CBR Gold Corp. is a leading exploration company in northern Canada, having pioneered the exploration of the Committee Bay Greenstone Belt, one of the largest and least explored greenstone belts in North America.
The Committee Bay Greenstone Belt is over 300 km long and is geologically comparable to the great Canadian gold producing greenstone belts of Red Lake, Timmins and Kirkland Lake.
CBR Gold Corp. holds greater than 640,000 acres of land with prospective geology and controls approximately 60% of the belt.
Drilling at the Three Bluffs Deposit from 2004 to 2008 has defined an:
The Committee Bay belt currently hosts more than 40 high-grade gold occurrences but remains one of the longest and least explored greenstone belts in Canada.
2008 Greenstone Belt Exploration Program
Update: Mar 02, 2009, Resource Estimate & Initiates Scoping Study For Three Bluffs Deposit: READ MORE
Alaska: Niblack Project
After a series of successful surface-based exploration programs, the Company has obtained the necessary permits from the State of Alaska to further advance the development of the Niblack property.
Over the next two years, Niblack's underground team will construct a portal with 1,800 metres of underground workings, and complete at minimum phase one 10,000 metres of diamond drilling.
The short-term goal of the Company is to successfully delineate an economic resource at Lookout Mountain with a longer term outlook to define a large scale system typical of massive sulphide deposits in production on the west coast of North America
Overview
Example of assay results from surface drilling include the following:
Redemption Joint Venture Project
April 30, 2008, Committee Bay Resources Ltd. sold its 50% interest in the Redemption Joint Venture Project (“RJV”) to Focus Minerals Ltd. (FML: ASX) (“Focus”).
Reasons for Sale:
The Discovery Group is an alliance of seven companies led by some of the brightest minds in the mineral exploration industry.