Overview

Overview

The Property overlies lithological and structural environments that have been shown to host VMS and greenstone-hosted gold-style deposits within the region and the Abitibi Greenstone Belt.

It is located within a favorable environment for gold and VMS-type base metal deposits. A large ultramafic complex underlies the western claims while four large regional-scale structures cross the Property. In addition to this, tuffaceous units known to host gold and base metal showings also occur on the Property.

RDR Gold Project

An exploration campaign done in 2017 resulted in anomalous assay values in soil as high as 29ppb Au, 112ppm Cu, 600ppb Ag and 155ppm Zn. In particular, a broad zinc anomaly is located in the western area of the claims.  Outcrop sampling allowed the identification of an anomalous area about 500m long on the west side of the Property, where values of silver up to 3.3g/t and 519ppm copper have been returned from mafic to ultramafic rocks (pyroxenites and gabbro). Very shallow drill holes (<3m) made on this zone returned similar anomalous values of up to 0.2g/t A, 498ppm Cu and 123ppm Zn. Finally, the same survey defined multiple beep-mat anomalies on the west portion of the Property. On the northeast side of the Property is the Ruisseau-Dalime showing, which returned mineralisation in a basaltic unit, of values of 1.0g/t au over 1.6m and 1.4g/t Au over 0.6m (Bouchat, 1985). Those results indicate good potential for gold or base metal mineralisation on the whole Property and additional work should be performed to search for additional mineralisations on the Property. Those results indicate special interest for the rocks located close to the Lamarck Fault which cross the eastern part of the Property. Additional faulting on the western area, coupled with the anomalous results found during the 2017 exploration program also indicate an area of interest in the ultramafic and mafic rocks in that part of the Property.

The identification of several electromagnetic anomalies during the Beep Mat survey, the identification of anomalous soil samples and the observation of sulfides in historic core and grabs, associated with large scale faulting are encouraging factors for the potential of the Property to host mineralisations.

The Property is at an early exploration stage. The Beep Mat and soil sampling programs performed in 2017 identified several anomalies that would merit further investigation in order to assess their potential. A first phase of work should consist of a follow up Induced Polarization survey in the areas of soil anomalies associated with the 16 Lamarck Fault. A follow-up VLF EM/MAG survey should also be done in the cutted line to better define the geology of the area. The recommended survey would total approximately 35.4km of survey lines and 5km for the base line.