55 North Mining (CSE: FFF,FSE: 6YF) is a Canadian exploration and development company advancing its 100 percent-owned Last Hope gold project in the Lynn Lake district of northern Manitoba. The company is focused on unlocking value from a high-grade gold system through systematic drilling, resource expansion, and disciplined capital allocation, while preserving strategic optionality in a rapidly emerging mining camp.
The Last Hope project hosts a high-grade, structurally controlled gold resource and benefits from proximity to established infrastructure, including paved road access, power and a regional airport. Importantly, the project lies near Alamos Gold’s Lynn Lake development, creating potential future synergies such as toll milling or satellite feed scenarios, subject to further technical and economic studies.
The Last Hope gold project is located about 20 kilometres southeast of Lynn Lake, Manitoba, and comprises 31 mineral claims covering approximately 50 square kilometres. The project benefits from road and all-season trail access and is situated within a well-established mining district with a long history of gold and base metal production.
Company Highlights
- High-grade Last Hope gold project has a current resource of 273,800 ounces inferred at 5.48 grams per ton (g/t) gold and 71,100 ounces indicated at 5.41 g/t gold
- Significant exploration upside, with mineralization open down-plunge and along strike
- Located approximately 20 kilometres from Alamos Gold’s Lynn Lake project, which includes a new 10,000-tonne-per-day mill under construction
- Operating in a safe, mining-friendly jurisdiction with established infrastructure and a long history of mining activity
- Impact Benefit Agreement in place with the Marcel Colomb First Nation, supporting social license and community engagement
- Led by a management team with a track record of discovering, developing and monetizing assets in the Lynn Lake camp, including the sale of Carlisle Goldfields to Alamos Gold in 2016
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