- Wholly owned property located in the Noyon Township, Quebec, 25 kilometres south of Matagami.
- American Bonanza has entered into a Letter of Intent with Agnico-Eagle Mines Limited for the joint exploration and development of Bonanza's Northway and Agnico-Eagle's 375,000 ounce Vezza property.
- Eastern extension of Agnico Eagle's Vezza deposit on the Casa Berardi Break.
- Deposit contains 866,000 ounces of gold.
- Previous work on the property includes seventy reverse circulation drill holes and 145 diamond drill holes totaling 29,000 metres.