Welcome to United Reef
United Reef Limited, founded in 1948, is a Toronto-based exploration company engaged in the generation, acquisition and
exploration of mineral projects with good discovery potential. The Company refocused its efforts during the second-half of
2009 on gold and other precious metal exploration in Canada and acquired its first gold project Santa Maria (northwestern Ontario)
in December. The Company owns the Nickel Offsets property (Sudbury Basin) which is under option to URSA Major Minerals and being
explored for base metals and PGMs. United Reef also has exposure to the oil and gas sector through a farmin right (currently under
force majeure) in the Central African Republic. Some of United Reef’s historic assets continue to hold promise through retained
royalty interests.
Highlights
Nixon – Bartleman property, West Timmins – Porcupine Gold Camp (Gold )
- Located in western part of under-explored Porcupine Gold Camp.
- Option to acquire 70% interest in 19 claims in Abitibi Greenstone Belt overlying Porcupine-Destor fault.
- Close proximity to Lakeshore Gold's new Timmins Mine development.
- Historic Au occurrences at centre of property associated with series of gold-bearing quartz veins hosted in sheared and metamorphosed mafic volcanic rocks, historic samples from this zone have reported gold values ranging from trace to 50.7 g/t.
- Surface samples taken by United Reef's consultant confirmed presence of gold mineralization on property at several locations.
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Santa Maria property, New Klondike Gold District, Dryden Ontario (Gold)
- "New Klondike" gold district: east of Dryden
- Option to acquire 100% interest in 5 contiguous unpatented claims, and 100% interest (held by United Reef) in 14 contiguous staked claims (total area 1,392 hectares) in Eagle-Wabigoon-Manitou Lakes Greenstone Belt.
- Nearby to developing gold deposits including: Rainy River Gold, Cameron Lake, Duport, Thunder Lake (Goliath), Hammond Reef.
- Property includes at least 6 known historic gold occurrences with reported gold values ranging from trace to 28.0 g/t and hosts major and secondary structures, quartz-feldspar porphyry intrusive rocks, intense alteration (carbonate-silica).
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Nickel Offsets property, Sudbury, Ontario (Ni, Cu-PGE's)
- URSA Major granted option March ’08 to earn 70% interest in the property by making $1.25 MM of exploration expenditures over 3 years and total cash payments of $75,000 to United Reef
- 12 patented & 5 unpatented claims covering 883 acres, 2.3-km of Foy Offset dike
- Nickel Offsets Mine produced +200,000 tons of Ni-Cu ore in 1940-50's
- exploration neighbours include FNX, Wallbridge, Xstrata, and Vale Inco
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McFauld's Lake property, James Bay Lowlands, Ontario (Base Metals)
Oil & Gas Interests
- Central African Republic (project currently under Force Majeure): right to earn 25% interest in a 55,504 km² oil & gas permit and contract; 18 defined prospects in the Salamat Basin in CAR from 200 to 6,500 ha read more
Royalty Interests
- various royalty interests in several mining and exploration camps: CAR (Passendro project), Sudbury (Foy Offset), Red Lake (Aiken-Russett)
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