Nemo, Quebec

100% Interest in the Nemo Property, which consists of 15,695 hectares acquired through staking, in the southern Labrador Trough, QC, located 80 km northeast of Schefferville.

Highlights:

  • District Scale - Property situated on the largely poorly explored north-central portion of the Doublet Terrane, with abundant voluminous differentiated gabbro-peridotite sill-form intrusions.
  • Overlooked - Very underexplored, but with favorable mafic-ultramafic intrusions, and known historical Ni-Cu magmatic sulfide occurrences in the northern block, associated with historical frequency-domain EM anomalies, that have not been followed up with modern Time Domain (VTEM) geophysics, detailed magnetics or drilling.
  • Proven Regional Endowment - A cluster of nine small bodies of magmatic sulphides, in aggregate approximately 4.8 M tonnes @ 0.87% Cu, 0.52% Ni and 0.84 gpt PGE, with individual deposits ranging from 0.03 M to 1.37 M tonnes, occur in the Blue Lake area in the southern portion of the Doublet Terrane (LaFosse Platinum Group, 1989), While this style of sill-margin net-textured to massive magmatic mineralization is not the ultimate target of Prospector's planned exploration, it is nonetheless an important indicator of process and prospectivity in the region.

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.

Prospector Metals Corp.

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