Lexam VG Gold Inc. is a gold exploration company with mineral properties in advanced exploration stage, located in the heart of Timmins Gold Camp, northern Ontario, Canada, one of the most prolific gold producing regions of the world, with over 70 million ounces delivered to date.
Core projects are four properties with developed gold deposits: Buffalo Ankerite, Davidson Tisdale, Fuller, each with 100% Lexam VG Gold ownership interest, and Paymaster, with ownership interest 61% Lexam VG Gold - 39% Goldcorp.
The projects in the Timmins area are adjacent to large gold mines and hold NI 43-101 compliant mineral resources
and a preliminary economic assessment
for open pit structures.
Lexam VG Gold's exploration programs are targeted to build the Company's resource base and to determine the economics on its projects.
The location of the Company's property assets in relation to proven mining operations and the geology of the Timmins Gold Camp continues to present significant opportunities for the development of economic gold deposits.
Lexam VG Gold has corporate office in Toronto, exploration office in Timmins and is listed on stock exchanges in Canada (TSX: LEX), Germany (FWB: VN3A) and United States (OTCQX: LEXVF). Chairman Rob McEwen is the largest shareholder, with 27% ownership in the company.