Kesselrun Resources Ltd. is a mineral exploration company focused on growth through property acquisitions and discoveries. The Company's flagship Bluffpoint Project is located in Northwest Ontario's Wabigoon Subprovince where it explores for gold.

Our 100% owned flagship Bluffpoint Gold Project is located in Northwestern Ontario’s Wabigoon Subprovince, host to several recent gold discoveries such as New Gold’s (TSX: NGD) Rainy River Project and the Hammond Reef Project (50% Agnico Eagle/50% Yamana Gold). Accessible year round by a network of well-maintained logging roads, Bluffpoint offers low cost exploration in an emerging prolific gold district.

As well, in August 2014 Kesselrun earned an initial $2 million in senior unsecured convertible debentures of Tamaka Gold Corp, a private corporation whose Goldlund Gold Project is also located in the Wabigoon Subprovince in Northwestern Ontario near Treasury Metal’s (TSX:TML) Goliath Gold Project.


Goldlund Project:
Tamaka Gold Corps Goldlund Project is situated near Dryden and Sioux lookout, Ontario, adjacent to Highway 72. The Goldlund Project hosts a mineral resource estimate of 1,274,000 Measured & Indicated ounces of gold at an average grade of 1.97 g/t and 2,760,000 Inferred ounces of gold at an average grade of 2.12 g/t.

Kesselrun is not treating the above mineral resource estimate as a mineral resource estimate in accordance with the standards of National Instrument 43-101.

Kesselrun acquired an undivided 10% non diluting interest in the Goldlund Project by incurring aggregate exploration expenditures on the property of $1,000,000.

Kesselrun exercised its Put Right to transfer its 10% interest in exchange for $2,000,000 of senior unsecured convertible debentures in Tamaka Gold Corp, a private corporation, on August 15, 2014 with the following summarized terms:
--7 year maturity
--Earns interest at a fixed rate of 10% per annum
--Up to 50% of the interest may be paid in additional debentures
--Converts to twice the debenture value in common shares of Tamaka in a liquidity event

Tamaka made a cash payment of $38,164.38 and issued Kesselrun a further $38,000 debenture for the 2014 accrued interest. Kesselrun now holds a total of $2,038,000 in senior unsecured convertible debentures in Tamaka.

Office Address

Kesselrun Resources Ltd.
Suite D 1158 Russell St.
Thunder Bay, ON
Canada, P7B 5N2

Ph: 807.285.3323


Deutsche Bank expects Gold to average around $1,100 an ounce in 2016

Oct 31, 2015 10:43 PM

Deutsche Bank expects gold prices to average around…

Gold to average $1,215 an ounce during 2016: Barclays

Oct 29, 2015 09:19 PM

Barclays maintains their price forecast of $1,170…

High prices offered to Bitcoin sellers at miners center

Oct 27, 2015 09:43 AM

Miners Center is buying Bitcoins, offering 10% more…

Metals Focus remains bullish on Silver jewellery demand

Oct 20, 2015 02:47 PM

Metals Focus said that it remains optimistic about…

HSBC remains bullish on Platinum

Oct 16, 2015 01:26 PM

HSBC looks for investors to once again favor platinum…

Indian Gold demand may pick up as festival season approaches

Oct 15, 2015 03:53 PM

Physical gold demand in India has remained weak lately…

India, China Gold demand may drive Gold Prices in coming months

Sep 24, 2015 11:34 AM

German Bank, Commerzbank looks for Chinese and Indian…