The Estrades and Newiska project is located in Northwestern Quebec approximately 95km NE of the town of La Sarre town and 35 km WNW from the former Joutel village. The project consists of 3 distinct blocks: Estrades Mining Lease, Estrades Claims and Newiska Claims.

The mining lease is owned 100% by Cogitore whereas the remaining claims are subject to an April 23, 2004 agreement between Cogitore and Inmet Mining Corporation granting Cogitore the right to earn a 50% interest in the claims.

Rocks underlying the property consist in east-west striking and vertically dipping, volcanic and sedimentary rocks of the Harricana-Turgeon Belt (HTB), which is located in the NW part of the Abitibi Sub-province. The HTB hosts the Matagami, Joutel, Brouillan and Casa Berardi Mining districts. The property is located at 45 km west from the Joutel central volcanic complex and at 25 km east from Casa Berardi and Gemini gold and base metals development projects respectively. The Joutel complex host the former Joutel, Poirier and Agnico Eagle-Telbel Mines that hosted approximately 9 million tonnes of ore. In 1985, a volcanogenic massive sulphide (VMS) deposit was discovered in the Estrades property and is now covered by ML #795. The deposit consists of a "pinch and swell" massive sulphide horizon which is hosted by felsic volcanics. The deposit is EW trending and vertically dipping. It is drill indicated over a strike length of 2.3 km with an average of <1-3 m in width. The deepest hole reached a vertical depth of 930 vertical metres but in general drilling was restricted to depths shallower than 500m. The deposit is made up of three successive Zn-Cu-Pb-Au-Ag bearing sulphide zones, respectively (from West to East): the Main, the Central, and the East Zones. The zones are in fact faulted-off portions of a formerly single massive sulphide sheet.

In 1990, the Main Zone was developed with a ramp by Breakwater to a vertical depth of 200 m and over a strike length of 150 m. From July 1990 to May 1991, a total of 174,946 tonnes of ore were extracted at a grade of 1.1 % Cu, 13 % Zn, 6.35 g/t Au and 172 g/t Ag. In 2006, an independent NI-43-101 compliant resource calculation was completed by Scott Wilson Roscoe Postle and resources in the Main Lens were established as 560,672 tonnes grading 0.72% Cu, 10.25% Zn, 5.22 g/t Au and 174 g/t Ag. These resources include a portion located above a depth of -415 m and totalling 391,000 tonnes grading 0.80% Cu, 11.03% Zn, 6.24 g/t Au and 187 g/t Ag. A full scale feasibility study is currently in progress by engineering firm Genivar to determine whether this higher grade portion located at shallower depth could be mined.

The Estrades Mining Lease #795 and the Estrades claim block together cover about 10 km of strike length of the favourable Main Felsic Unit that hosts the Estrades deposit. In the Estrades mining lease and adjacent claims, the main target is the Estrades mine horizon itself. Actual drill targets still remain to be finalized but consist mostly of depth extensions of existing sulphide intersections that may represent fringe zones to yet undiscovered massive sulphides. Four main sectors have been identified so far but priority is now given to sectors in proximity to the so-called "Main Fault" which may have acted as a conduit for mineralized fluids.

In the Newiska Block, several holes intersected wide zones of hydrothermal alteration (sericite-chlorite) and wide metallic mineralization consisting in chalcopyrite-sphalerite stringers cutting felsic volcanic rocks. The best mineralization was obtained in hole NK-04 which yielded 0.64%Cu and 22.4 g/t Ag over 24 m, including 1.1%Cu and 42 g/t Ag over 9.4 metres. Massive sulphides (pyrite) were intersected in Hole NK-05 with low base metal values but highly anomalous gold: 0.344 g/t Au over 22.35m, including a maximum of 1.13 g/t Au over 1.55m.

Considering the current high metal prices and the infrastructure already in place, and pending the results of the on-going feasibility study, there is a good possibility that the Estrades mine could be put back in production in the short term. This would generate significant cash flows for Cogitore and provide funds for many years of exploration.  

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