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The project is located
in Ontario
just west of the Quebec-Ontario border and is easily accessible via
public and
forestry roads. It is 100% owned by Cogitore.
The property covers a 20 km portion of the felsic
unit that hosts the former producing Normetal mine. The Normetal Mine,
located
relatively close to the provincial boundary but in Quebec, produced 10
Million
tonnes grading 2.2% Cu, 5.4% Zn, 0.53 g/t Au and 44.5 g/t Ag over a 37
year
mine life from 1938 to 1975. The deposit was found by surface
prospecting and
mined from surface to a depth of 2.4 kilometres.
Extensive near surface
exploration has been carried out in the Normetal belt, especially on
the Quebec
side. However,
there has been significantly less exploration activity on the Ontario side of
the belt. In spite of
the fact that VMS deposits typically occur as clusters of deposits,
such as in
the Noranda, Val d'Or,
Matagami and Mattabi camps, no other deposit has yet been found in the
Normetal
belt. Yet, the scale of the alteration system, the value of the old
Normetal
deposit itself, and the nature and chemical signature of the felsic
volcanics
hosting the mine are consistent with the earmarks of a prolific VMS
camp which
may host several deposits. Previous drilling in the 1960's on a portion
of the
property yielded anomalous zinc and copper values associated with a 3 kilometre
long
altered zone of favourable rhyolitic rocks.
Historically, the
Normetal West project area has never been held as a single entity by
any mining
company but, instead, has been held as a large number of small
independent
projects by a number of companies, which may have precluded global
understanding of the volcanic edifice and of mineralizing systems
hosted in it.
This Cogitore property position thus offers a rather unique
opportunity
to explore with the newest technologies over 20 kilometres
of an
easily accessible and prolific mineralized belt.
Detailed mapping work
carried out at Normetal West by Cogitore confirmed the presence of the
same
volcanic units as those hosting the former Normetal mine. In addition,
a recent
(2008) deep penetrating geophysical survey (InfiniTEM) has detected
several
good conductors located within and at the top of the felsic units and
which may
reflect sulphide mineralization. The project has reached the drilling
stage and
several drill targets have already been identified.
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