Founded in June 2011, Avidian Gold is underpinned by a highly experienced team of industry-savvy professionals that have a pedigree history of mineral discovery and business success.
Since the company’s inception its strategic goal was to focus on the acquisition of gold properties that have the potential for hosting one or more “world class mineral discoveries”. We approached our acquisition strategy with discipline and evaluation patience, and focused solely within “known mine friendly jurisdictions” of North America. This has resulted in the company now holding a portfolio of mineral properties in Alaska and Nevada, USA, which we believe are all value creation gold assets for our stakeholders.
This portfolio of properties was acquired during the downturn cycle in the resource market, as this provided the most opportunistic period to obtain high quality mineral assets. The recent uptick in the gold market, now presents an opportunity for Avidian to showcase and advance these properties, with the goal to facilitate the need of ‘filling in the gap’ in the discovery pipeline for new ore deposits. To assist in this value creation Avidian became a publicly listed company in December 2017 trading the TSXV under the symbol AVG.
Avidian has four advanced gold properties, the Golden Zone and Amanita properties, located in south–central Alaska, and the Jungo and Dome Hill properties located in Nevada, each having the potential to host a large gold deposit of world class stature.
The Golden Zone and Amanita properties lie within the prolific Tintina Gold Belt that hosts multi-million ounce gold deposits such as Donlin Creek, Fort Knox and Dublin Gulch. From an exploration and development perspective these two properties are considered high priority targets. They have well documented mineral occurrences of size and grade (with an initial NI 43-101 resource already established at Golden Zone) with significant historical investments with identified targets to follow up and are close to infrastructure (both accessible by road with nearby rail and power), which is unusual in Alaska.
The Jungo Property (formerly known as the Shawnee Creek Property) is located within the Humboldt mineral trend that hosts the multi-million ounce Hycroft and Sleeper gold deposits. This property also saw significant investment in the past with many targets not tested as result of depressed market and commodity prices. Also in Nevada, we have the Dome Hill property located within the gold prolific Walker Lane Trend.
While Avidian will continue to evaluate other mineral opportunities as they arise, we are determined to remain prudent and disciplined in advancing our high quality mineral portfolio up the value chain, thereby creating the ultimate return on investment for all of our shareholders. This value creation will be facilitated with an up and coming “going public” event of the company.
- Four principal properties.
- All located within favourable jurisdictions with respect to ease of permitting, political stability and mining friendly.
- All hosted within well known, well endowed mineral terranes,
- Each property has potential for multi-million ounce gold deposit, with possible nearer term production at Golden Zone, Alaska.
- Avidian is backed by industry experienced leaders with a track record of success and multi-faceted expertise from technical to financial and well connected to major producers and financial institutions.
- Management and Directors vested with approximately 30% of the outstanding shares.