Gossan is primarily engaged in the exploration and development of mineral resources in Newfoundland, Manitoba, and Northwestern Ontario. The Company has launched a gold initiative in Newfoundland with the acquisition of the Gander Gold Property which is located immediately adjacent to the Queensway property, along the Central Newfoundland Gold Belt, owned by New Found Gold Corp. (NFG-TSX.V) where discovery hole 19-01 recently intercepted 19.0 metres of 92.86 gpt gold, including 6.0 metres of 285.2 gpt gold.

On November 30, 2020, the Company announced the Gander Gold Property in Newfoundland was expanded to 10,950 hectares, and the acquisition of two additional properties, the 975-hectare Weir Pond and 1,050-hectare Island Pond Properties, north of Gander along the structural corridor of interest.

The Company’s focus is the exploration of its drill-ready Sturgeon Lake Property, located in the zinc-copper-silver rich polymetallic Sturgeon Lake Greenstone Belt of Northwestern Ontario. A gravity survey has retargeted drill hole locations after an initial drill program in the Winter of 2018. Currently, a drill program is being planned.

The Company also holds a broadly diversified portfolio of multi-element properties. These properties are prospective for hosting gold, base metals and platinum group elements, as well as specialty “green-battery metals”, vanadium, titanium, tantalum, lithium and chromium. 

Gossan also has a large deposit of high-purity, magnesium-rich dolomite, and holds an advance and production royalty interest in a high quality silica (frac) sand deposit. The Company’s main focus is the exploration of new gold assets.

Gossan is listed on the TSX Venture Exchange and trades under the stock symbol “GSS”. Gossan also trades on the Frankfurt-Freiverkehr & Xetra Exchanges under the symbol “GSR” (WKN 904435). As of March 1, 2021, the Company had 46,880,400 common shares outstanding.