NAP’s 70-Km land package surrounding
the Sleeping Giant mill:
Click to enlarge
Laflamme is an early-stage gold exploration project in the Abitibi region of Quebec. The property is situated on favourable geology, following the trend from NAP’s Discovery project to the Sleeping Giant mine.
In August of 2009, NAP signed of a letter agreement with Midland Exploration Inc. to earn an interest in the Laflamme gold property. The Company has the option to acquire a 50% interest in the property over four years for cash payments totalling $100,000 plus exploration expenditures totalling $1 million over four years. The Company will be the operator and, following the acquisition of the initial 50% interest, the Company will have an option to acquire an additional 15% interest upon delivery of a bankable feasibility study.