100% Interest in the Lac Nipisso Property, which comprises 13,051 hectares acquired through staking, 80km NE of Sept Iles, QC with Quebec Hydro Transmission lines crossing the western edge of the claim boundary.
- The Lac Nipisso project covers a series of elongate easterly to northeasterly trending conductors up to 6km long identified on a 1997 Quebec Geologic Survey Dighem survey. A portion of these conductors were also surveyed by a publicly available 20210 helicopter-borne versatile time domain electromagnetic (VTEM) and aeromagnetic geophysical survey.
- The anomalies are mostly strike limited, showing an EM signature on and at the edges of magnetic highs, further indicating the potential for Ni-Cu (Co-PGE) mineralization.
- The project is situated 6km north of the Lac Volant occurrence, a small, massive magmatic sulfide body hosted trending coarse grained gabbronorite dyke with average grades of 2.3% Cu, 1.9 % Ni and 0.1% Co discovered in 1996 by the Quebec Geologic Survey.
Planned Work Programs
Following a digital complication and audit of the available historical data for the project, initial Helicopter VTEM surveys may be flown, followed by prospecting programs to target and ground truth mineralization with an emphasis on potential structural controls. Localized ground geophysics of selected targets would likely follow should this be warranted to define highly conductive buried targets in potential feeder systems.