The BQ Gold property is located in north-central British Columbia, Canada, approximately 29 km northwest of the town of Smithers. The property consists of eight BC MTO cell claims covering approximately 817 hectares. The tenures are 100% owned by Teako Minerals Corp. The property is centered on a pronounced east-west oriented set of hills underlain by a 7.0-kilometre long and 1.5-kilometre-wide felsic intrusion bound at its east and west ends by district scale northwest-directed faults.
Following a recent Norwegian parliament meeting and the various developments in mineral exploration in Fennoscandia in recent years, the Company has decided to pause exploration efforts in British Columbia, to primarily concentrate on Norway, while also maintaining a minor focus on Finland. The majority of the Company’s projects in British Columbia are in good standing for 2-3 years, allowing the Company the strategic flexibility to explore various alternatives, including the potential of partnering with other parties or selling the projects, as part of its ongoing commitment to maximizing shareholder value. Investors will be regularly informed of developments, ensuring transparency and continuous engagement with our valued stakeholders.