TECHNICAL REPORT AND RECOMMENDATIONS SPRING 2012 DRILLING PROGRAM AND SUMMER 2012 GEOLOGICAL EXPLORATION PROGRAM, POSTE LEMOYNE EXTENSION PROPERTY. GM 67696, 2013. 589 pages and 13 maps.
OSWALD, R.


Abstract

The property lies partly within the Archean-aged Guyer greenstone belt, in the La Grande subprovince, along the southern contact with the sedimentary package in the Opinaca subprovince referred to as the Laguiche Group. Local geology is summarized by massive to pillowed basalts and cogenetic gabbro and diorite sills alternating to the south with thin but extensive sedimentary piles of siltstones, quartz and biotite-rich wackes, and iron formations. A quartz-feldspar porphyry (QFP) dyke swarm has intruded the volcanicrocks, and granitic and late pegmatitic intrusions crosscut the stratigraphy. Metamorphic grade reaches amphibolite facies. We completed eight (8) new drill holes on the Poste Lemoyne Extension property in the spring of 2012: four (4) to test the Charlie showing and its extensions, one (1) to test the rock package south of the Charlie showing, one on the SLTV showing, and two (2) on the molybdenum showings in the western part of LG3 reservoir. A total of 1132 samples for 1,155 m of drill core were sent for gold assaying and some for base metals. None of the three (3) holes drilled below the Charlie showing (PLE12-161 to 163) intersected the quatrz veins at depth. Only one gold value was obtained in hole PLE12-163 with 2.95 g/t Au / 1m. The single hole drilled below the SLTV showing (PLE12-166) revealed a quartz vein (1.65m) devoid of sulphides. It may represent the extension of the SLTV showing. The hanging wall of the quartz vein yielded 0.69 g/t Au / 1m. Overall, no significant gold values were obtained in the vicinity of the Charlie and SLTV showings. Two molybdenum showings were tested by holes PLE12-167 and -168 on islands in the southern part of the LG3 reservoir. Drilling results were not very significant, with only one molybdenum-bearing quartz vein in PLE12-167 yielding 2160 ppm Mo / 0.4m and 0.303 ppm Re. In the summer of 2012, two phases of exploration work resulted in the collection of 1705 outcrop samples, 160 boulder samples, 10 till samples, and 15 channel samples from outcrops. Thirty-two (34) outcrop, boulder and channel samples yielded gold values >0.5g/t Au and 35 samples had base metal values >1,000 ppm (Cu, Zn, Pb or Mo). New gold and base metal showings were discovered in the LG3 reservoir area. It was the Joanie showing, however, that generated the most interest (up to 172.03 g/t Au). The Joanie showing is located 290 m southwest of the Charlie showing on the south side of a large structure topographically expressed as a long and narrow deep bay oriented E-W. This showing comprises several NW-trending quartz tension veins and E-W quartz shear veins. All veins occur highly fractured amphibolitized mafic lavas. We were able to distinguish about 20 different veins. Gold contents are highly variable due to the presence of visible gold. Twelve (12) samples yielded grades ranging from 1.54 g/t Au to 172.03 g/t Au. The results of the 2012 field campaign once again demonstrate the excellent gold potential of the Poste Lemoyne Extension Property. This property, which now extends over more than 70 km E-W, has revealed many new potential areas of interest, uncovered either by geological reconnaissance work or by soil and till sampling surveys. Some of these areas have been further investigated by trenching and drilling, but many of these have a great potential and yet have not been intensively explored to date.

Details

Document type

Mining exploration companies document
Assessment work

Field of activity

Drillings
General geology
Quaternary geology
Geochemistry
General geology
Miscellaneous

Type of survey

Rock analysis
Analyses
Geological survey
Diamond drilling
Till geochemistry
Erratic block

Cross-reference

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Document type

Mining exploration companies document
Assessment work

Field of activity

Drillings
General geology
Quaternary geology
Geochemistry
General geology
Miscellaneous

Type of survey

Rock analysis
Analyses
Geological survey
Diamond drilling
Till geochemistry
Erratic block

Cross-reference

-