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Union Gravel Bar Project
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Hope, BC
Canyon Gold Expects to Produce High-Quality River Gravel and Gold
The company owns a 160-acre gravel bar and alluvial gold project. Historical and recent exploration data indicate a significant gravel and gold resource, with a projected lifespan of over 100 years. The company’s primary focus is supplying river gravel to the construction industry in Metro Vancouver and the Fraser Valley. Additional revenue is generated through the sale of residual gold and tipping fees from clean fill.
Canyon’s processing operation expects to generate a valuable bi-product – alluvial gold. As the gravel is washed, the recovered gold should significantly enhance our income-stream. The site has historic and recent exploration testing results indicating a viable project.
