Gold was first discovered at Last Hope in 1937. Core from most of the historical 204 diamond drill holes is available at the Property. In August 2020, the shareholders of 55 North and 2552883 Ontario Inc. voted to amalgamate under the name of 55 North, whereby 55 North effectively acquired the Last Hope Gold project. The table below outlines historical work done on the property:

Historical Exploration on the Last Hope Property
Year Company Exploration
1937 R. Madole Last Hope area staked.
1939 Sheritt Gordon Mines Ltd. 59 hole drill program totalling 3,129 m.
1978 W.B Dunlop Limited NPL Last Hope area re-staked.
1986 Balcor Resources Corp. Calculated a resource on the property that predates NI 43-101. Identified two shallow plunging ore shoots within a steep, tabular quartz vein averaging 1.5 m in width.
1986 Balcor Resources Corp. Calculated a historic mineral resource on the property that predates NI 43-101. Identified two shallow plunging ore shoots within a steep, tabular quartz vein averaging 1.5 m in width.
2012 Carlisle Goldfields 27 hole DD program totaling 2012.  Based on this, and 204 historic drill holes, a NI 43-101 compliant resource estimate was prepared in September 2017 (at a 2.0 g/t cut-off: Indicated: 201,000 tonnes @ 5.75 g/t for 37,000 au oz, Inferred: 1,067,000 tonnes @ 5.29 g/t for 182,000 au oz)
2017-2020 2552883 Ontario Inc. 68 line km of IP survey
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