The Qiqavik property is an early stage gold exploration project and only limited work has been completed to date on the property. Field programs from 2015 to 2019 total approximately 5 months of ground work which has led to the discovery of 12 mineralized (high grade gold +/- copper) showings with various other potential target occurrences which require more work. While there is no shortage of targets on the Qiqavik property, the focus of any near-term programs should be around the IP Lake Shear due to size and high-grade boulder trains and till counts. Based on field observations and petrographic study, more than one specific genetic deposit model could be involved to characterize the different mineralized zones. Additional studies are required to better understand the mineralization setting. With the current understanding of the property, the orogenic gold and metamorphosed gold-bearing polymetallic epithermal deposit are possible applicable models. Based on the work completed to date and the results leading to the identification of new high-grade gold mineralized zones along a 40 kilometres trend and on the fact that the Qiqavik property is under-explored, further exploration work is warranted.
Détails