|
Located immediately west of the
Selbaie mine, the
property is 100%
owned by Cogitore, subject to a 50% back in right held by Inmet Mining
Corporation, and is accessible via an
all season public road to the Selbaie mine and through logging roads
which run across the project area. The Selbaie West project encloses
the same
felsic volcanic package that hosts the Selbaie Mine (53 Mt @ 1% Cu,
2.0% Zn,
0.6 g/t Au and 41 g/t Ag).
The property is
essentially all
overburden covered but limited lithogeochem data from diamond drill
holes
indicate a highly promising VMS environment, including high temperature
rhyolites and strong chlorite alteration. Previous drilling located
just to the
south of the property yielded anomalous gold values, including an assay
of 24.3 g/t Au and 1.8% Cu over 1.1 metres.
Drilling done by
Cogitore in 2008 intersected 2 metres of massive pyrite and a zone
of stringer
sulphides which returned 1.7% zinc over 3 metres (incl.
0.3%
copper and 7.1% zinc over 0.3 metres).
Significantly,
these appear to be in the same volcanic package as the Selbaie Mine.
New
MegaTEM data recently released by the Quebec Government show several
conductors
of interest in the property. Although still at the grassroots stage,
this
project represents a good opportunity for early success in a still
under-explored, yet promising area of the Abitibi belt.
|