BWR/Metco, thanks LC, I had forgotten about that one. Near langlois:
With an involvement in 189 claims totalling 3,466 ha, Metco holds an important position in the base metal camp of Lebel-sur-Quévillon.
It is appropriate here to recall that when Metco was created its main assets where 45% interest in Orphée Property. The first exploration programme having allowed a better understanding of the sector’s potential, Metco has increased its position to 50% in Orphée, acquired Fancamp Property, and acquired 50% interest in Mountain A. Moreover, Metco holds also 100% interest in Grevet A and Mountain B, properties that it had acquired by claim staking.
An agreement was negotiated subsequently with Breakwater Resources Ltd., “Breakwater”, whereby, Metco is entitled to mill all ore which could be extracted from Orphée, Fancamp and Mountain A properties at the Langlois Mill as per a milling agreement at direct milling cost plus 10%.
From a geological standpoint, the properties are located in the Grevet-Mountain volcanic complex, limited to the north by a tonalitic intrusion, and to the south by the Mountain pluton. The properties protect, on 16 km, a part of the extension of the base metals mineralized corridors where the Langlois Mine (lens 3, 4, 5, and 97), and the Grevet B and Orphée deposits are located.
After many years of exploration in Lebel-sur-Quévillon, the exploration strategy adopted here by Metco consists in localizing the mineralized channels with Induced Polarization (IP) surveys, and then to test by diamond drilling accompanied by Drill-hole PulseEM surveys whether they host massive or semi-massive mineralization. This approach is very efficient considering the shallow depth of the overburden.
During year 2005, nine (9) holes totalling 2,013.7 m were drilled on the Lebel-sur-Quévillon properties namely one (1) 294.5 m hole on Orphée-Mountain A and eight (8) others totalling 1,719.2 m on Mountain B.
Fancamp: Optimistic, concerning the high potential of Orphée property, Metco has first acquired an interest of 75% in Fancamp property, which surrounds partially Orphée. This interest was subsequently increased to 100% following exploration work which has shown that the great mineralized corridor extends in the southeastern direction and through the eastern end of Fancamp property. Fancamp B was subsequently claim staked and is regrouped now with Fancamp for administrative reasons. Taken together and henceforth called «Fancamp», they are constituted by 29 claims totalling 464 ha and held 100% by Metco.
There was no work done on this property during 2005, but InfiniTEM geophysical surveys were conducted on 14 km in order to verify whether the ultramafic horizon with potential for Ni, Cu and Au and located in the northern part of Orphée property extends to the east on Fancamp property where an unexplained input anomaly is indicated.
Grevet A: The property constituted of 45 claims covering 720 ha, was acquired by claim staking except for claim 4067454 which was acquired from Breakwater Resources Limited in 2005 but so far not transferred yet to Metco. From a geological standpoint, the property is located at the confluence of both the Wedding Fault and the deformation corridor oriented towards the north-east, along the same direction as Lake Wedding and in which corridor Coniagas is located, a deposit of 700,000 t @ 10.7% Zn and 182 g/t Ag, and with the Cameron deformation corridor, where are located the Langlois Mine, Grevet B and Orphée deposits. The Wedding Fault running NE-SW divides the property into two segments and causes a displacement of 3 to 4 km. The north-western segment seems favourable to the presence of massive sulphides, while the south-eastern segment is more favourable to gold mineralizations. The confluence of the two favourable corridors enhances considerably the potential of the property.
In December 2003, an Induced Polarization Survey (IP with a=50m an n=1 to 6) on 16.8 km followed by an In-Loop DeepEM Survey on the principal anomalies obtained was conducted on the eastern part of the property. These surveys have revealed clearly the two domains separated by the Wedding Fault.
To date, the exploration work conducted on the domain located on the NW side of Wedding Fault has given mitigated results. Drill holes WD-87-03 and WD-87-04 done by Exploration Minière Ligneris in 1987 and hole 04-GRA-01 (288m) drilled by Metco in April 2004, have explained the anomalies targeted by graphite passes, locally with pyrite nodules. Some weak Au anomalous values were obtained in this last hole, with values varying from 39 ppb over 1.5 m to 35 ppb on 3.0 m. Subsequently, 7 claims located to the NW of Wedding Fault were recently abandoned in 2006.
However, in the domain located on the SE side of the fault, geological mapping (~12km) and soil sampling (283 samples) conducted by Metco in September 2004 has revealed two interesting zones, one for copper (Cu values >25 ppm) and another one for gold (Au values > 5 ppb with impoverished values in Mg, Ca, Ba and Sr). Subsequently in 2005, Metco proceeded to acquire twelve (12) new claims adjacent to the east of the property being one (1) claim acquired from Breakwater and eleven (11) others by claim staking to the east and to the north of this latter one.
The results indicate that exploration work should be carried in the SE side of Wedding Fault by line cutting, followed by magnetometer survey, induced polarization, soil geochemical survey and geological mapping, followed by diamond drilling.
Orphée-Mountain A: Orphée and Mountain A properties held 50:50 by Metco and Breakwater Resources Ltd have been grouped for administrative purposes. Taken together henceforth called «Orphée-Mountain A» they are constituted by 82 claims totalling 1,311 ha.
Orphée lens contains 1.8 Mt of inferred resources @ 4.2% Zn, 0.5% Cu and 12 g/t Ag. The last drilling results have allowed to conceive the possibility of delineating resources of lower tonnage but with similar grades as those of Lebel-sur-Quévillon Mining Camp. Such a deposit would increase the potential of profitability considering the proximity of the Langlois mill and the milling agreement with Breakwater. Drill holes with closer spacing are currently being drilled in order to upgrade those resources to a superior category.
An ultramafic lava horizon was identified on the northern part of the property. Values of up to 1.46% Ni, 1.03% Cu, and 8.23 g/t Ag over 0.3 m, were intersected. In 2001, a drill hole by Metco has returned 0.52% Ni, 3.2 g/t Ag, 41 ppb Pt and 225 ppb Pd over 1.0 m associated with magnetite. Furthermore, gold values of 5.14 g/t Au over 30 cm and 1.2 g/t Au over 1.0 m were obtained and are associated with quartz veins, within a diorite and adjacent to the north of the ultramafic horizon. Three input anomalies not fully explained so far, geophysical surveys by the InfiniTEM method were conducted on 14 km in March 2006. One strong InfiniTEM anomaly is indicated at the same locations of the Input anomalies and is presently being studied. This additional data shows again and more clearly the great potential of Orphée property.
Geophysical surveys and drilling conducted by Metco in the Orphée part of the property have established many important zones carrying mineralization within a great mineralized corridor. Deep drilling should now be done to test these zones with PulseEM surveys carried on each hole, but such work is deferred as shallower targets are sought on the Mountain A part of the property.
In the Mountain A part of the property, a great mineralized corridor across its east center part, unveiled during previous drilling, was defined over 6.7 km by drilling (2003-2005) and induced polarization surveys (2003-06) up to line 136E on Mountain B Property. Geophysically, this corridor reveals itself by strong induced polarization anomalies to widths widening up to 300 m between lines 91 E to 93 E in the central-west part of the property.
The results obtained by drilling on this corridor, are in the order of 0.3% Zn over 4.5 m and of 1.3% Zn over 0.5 m in hole 90-MO-A7- 11, of 0.41% Zn over 3.0 m in hole 90-MO-A7-14, of 0.26% Zn over 12 m in hole 04-MA-03, of 0.1% Zn over 15 m and 0.32% Zn over 10.4 m in hole 04-MA-04 and of 0.37% Zn over 4.5 m in hole 05-MA-05. Finally in Mountain B, hole 05-MB-05 drilled on the continuity of this corridor, has returned 0.41% Zn over 1.5 m.
In all these drill holes, the mineralized corridor presents itself as a zone of sulphide veinlets mm to cm in widths containing a variable amount of pyrite, pyrrhotite and sphalerite. The level of hydrothermal activity related to this corridor is locally high and reaching up to 90% on the Ishikawa Index in drill hole 04-MA-03.
Other drill holes are scheduled in 2006 amongst others on gravity anomalies revealed by a gravimetric survey presently being conducted on this mineralized corridor and over it from line 80 E up to the eastern limit of the property.
In addition to the long IP conductor previously described, four (4) other long IP anomalies were discovered on the property varying in length from 500 to 1,100 m totalling 3.3 km in length and to this day remain to be verified.
Mountain B: This property held 100% by Metco is made of 33 claims totalling 971 ha. It is contiguous to the east of Mountain A.
On the portion of the property covered by IP surveys carried out by Metco, from line 118 E to 147 E, five (5) main horizons of conductors were defined (including the great mineralized corridor described previously under Orphée-Mountain A) and varying in length from 1,200 to 1,900 m and totalling 7.5 km in length. The results of the IP survey conducted by Cambior in 1996-97 were reinterpreted by G. Lambert, eng, geophysicist. A series of IP conductors was defined which seemed to be located in the continuity of the conductors previously described.
The results of the last drilling programme are indicative but sufficiently high to indicate the presence of copper and zinc mineralization. Eight (8) holes were drilled in 2005 on the property: in the northern corridor, the best intersections by the two (2) holes drilled were respectively of 0.70 m @ 1.13% Cu and 1.5 m @ 0.36% Cu, which do not explain entirely the input anomalies located on this corridor and other work is required here; on the middle corridor, one drill hole has cut massive pyrite over a width of 1.0 m from 32.6 to 33.6 m and intermittent zinc mineralization over a width of 52.1 m where the best intersections cut, namely 7.5 m @ 0.36% Zn, as well as 0.51% Zn over 1.5 m in a second drill hole located 100 m to the east of the preceding one; at the extreme eastern part of the property, an intersection of 0.90 m @ 0.33% Cu was cut on line 175 E where two IP anomalies are joined to form a wider and stronger anomaly. Finally in the great mineralized corridor, one drill hole has cut 1.5 m @ 0.41% Zn.
The northernmost corridor was tested by one drill hole in April 2004 and geological mapping was conducted in September 2004 on the lines cut. Drill hole 04-MB-01 after drilling 4.9 m of overburden, cut a sequence of lavas and intermediary to mafic tuffs, barren, but from 121.9 to the end of the hole, being 267 m, a tonalite intrusion was drilled which showed an anomalous Au intersection with an average of 117 ppb Au cut over a length of 22.5 m from 205.5 to 228 m with a maximum value of 417 ppb over 1.3 m.
It is intended to carry on the IP survey from line 148 E to line 162 E and to pursue the verification of the IP anomalies obtained to-date. However, this work will have to await the results of 2006 programme where gravimetric surveys are conducted presently on the great mineralized corridor. This survey is in order to assist in the future selection of drill targets on the various IP anomalies, these being kilometric in length.
Page updated as of : 12-6-2007
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