Lac bruce Lithium Project
James Bay Region
Very little exploration work has been carried out in the Lac Bruce Project area, with AuQ’s West Block located less than 600 meters north of, AuQ’s Central Block located less than 1 km north of, and AuQ’s East Block located less than 600 meters east of the Mia Lithium Project recently acquired by TSXV listed Queensland Gold Hills Corp. (OZAU-TSXV, see Press release of November 28, 2022). The East blocks lies within 5 km, and the West and Central blocks lie within 15 km of a major all-season road and hydropower line.
The West Block is comprised of 61 claims covering approximately 3,150 hectares (31.5 km2) and is located less 8 km northwest of the historic lithium occurrences known as Mia-Li1 and Mia-Li2. The West Block was staked to cover a major northwest-southeast trending fault zone that also passes through the pegmatite-bearing Vieux Comptoir-3 granitic unit that hosts the Mia-Li1 and Mia-Li2 lithium occurrences. The West block was also staked because it lies less than 4 kilometers west of a mapped exposure of the pegmatite-bearing Vieux Comptoir granitic unit.
AuQ’s Central Block is comprised of 46 claims covering approximately 2,380 hectares (23.8 km2). The Central Block is located less than 5 km northeast of the Mia-Li1 and Mia-Li2 lithium occurrences.
The East Block is comprised of 26 claims covering approximately 1,340 hectares (13.40 km2). The East Block was staked because it is believed to be on strike with the Mia-Li1 and Mia-Li2 lithium occurrences located just 7 km further to the west. Ophir Gold Corp recently acquired their new Radis Lithium Property from Eastmain Resources Inc. The Radis Lithium Property borders the north side of AuQ’s East Block. Ophir’s property hosts a number of documented gold and copper occurrences.
The referenced mineral showings Mia Li-1 and Mia Li-2 were sampled in 1997 by Quebec government geologists and assays returned grades of 0.47 per cent Li2O (lithium oxide) and 2.27 per cent Li2O, respectively. The Mia Li-1 and Li-2 mineral showings are hosted by the intrusive Vieux Comptoir-3 granitic unit. AuQ’s geologists are of the view that all three blocks are highly prospective for the discovery of additional lithium-bearing pegmatite occurrences (ie., “boots on the ground”) in this extremely underexplored area.
Northern Abitibi Area
- The Partridge gold project covers multiple gold occurrences on structural trend with Amex Exploration’s Perron gold project.
- Located in the Abitibi region of northwestern Quebec, approximately 25 km north-northwest of the town of La Sarre and 720 km northwest of Montreal.
- Comprised of several claims blocks covering approximately 106 km2. The largest claims blocks are the Pearson (48 km2) and Lac Authier (31 km2) properties. The Lac Turgeon and Lac Patrie properties are comprised of multiple proximal blocks covering about 15 km2.
- The area is centred at approximately UTM zone 18, 5426500E, 659000N.
- Geologically, the project area lies within the Archean Abitibi greenstone belt on the southeast-central part of the Superior province. The project is located east of the Normetal volcanic complex which is well known for its important VMS deposits, orogenic lode gold deposits and porphyry-type base metal deposits.
- On Jan. 6, 2020, Amex Exploration announced the execution of a 100,000 m drilling program on its Perron property. The drill results, reported to date from several zones across Perron’s gold-bearing corridor, continue to demonstrate the robust nature of the gold system identified to date on the Perron property.
- According to the Quebec government’s MERN mining database (now including Amex’s recently discovered gold zones), there are 16 historical standalone gold occurrences in the region. Four are located within Amex’s Perron project and six are located within the Partridge project.
- Very little diamond drilling has been carried out on the Partridge project claims. The historic holes are all reconnaissance-stage exploration holes and are separated by up to thousands of metres, with little or no follow-up exploration drilling having been carried out. The results of regional historic drilling are positive and suggest that new gold-mineralized zones remain to be discovered. The recent multiple gold discoveries made by Amex Exploration attest to this.
- The southern part of the Pearson property includes the eastern contact of the Nissing-Oditan pluton with older greenstones. There are a number of examples of gold having been precipitated in volcano sediments in a low-pressure zone adjacent to a pluton, including Wallbridge Mining’s Fenelon gold deposit and Amex Exploration’s Perron project gold deposits. The gold discovery potential of the Pearson gold property is further demonstrated by the positive results of the reconnaissance diamond drilling carried out in the 1980s.
- The Partridge project claims cover a number of unique gold occurrences located at various points along the regional mineralized trend. These include 1.80 g/t Au over one m in drill hole DDH-1435-11, 1.27 g/t Au over 1.5 m in drill hole VA-11-02, 1.03 g/t Au over 1.5 m in drill hole DIS-85-4 and 1.09 g/t Au over one m in drill hole 93-05. In December, 2019, Iamgold staked 52 claims bordering the Pearson Property. In late 2019 Vanstar staked a large property located close to the Lac Authier Property.
- The six historic gold occurrences that are not covered by the Partridge project are not more than two km from at least one Partridge project claim block. These include the following gold occurrences: Rollmac with 14.75 g/t Au over 2.3 m in a drill hole, Lac Turgeon-Rive Ouest with 18.7 g/t Au over 3.09 m (including 68.9 g/t Au over 0.4 m) in a drill hole, Weidner with 1.7 g/t Au over three m in a drill hole, and bonanza-grade surface rock samples taken in 1993 (168.3 g/t Au, 30.2 g/t Au and 23.7 g/t Au) and at an undisclosed later date (47.73 g/t Au).
Eastmain River region of James Bay District
- Located in the James Bay region of northwestern Quebec, approx. 300 km north of Matagami, 500 km north of Val d’Or and 820 km northwest of Montreal.
- Three claims blocks comprised of 8 claims with multiple historic gold occurrences situated within and near Azimut’s Elmer Property. Azimut’s property, with its Patwon gold zone, and the Eliza project cover the same east-west trending package of generally felsic-intermediate rocks.
- The region benefits from quality infrastructure that includes major access roads, a hydropower grid and airports.
- The Elmer Trend is part of an underexplored greenstone belt of the La Grande Sub-province that is considered highly prospective for intrusion-related and shear-related gold deposits. The trend is dominated by felsic volcanics, andesite, diorite, basalt, gabbro, and porphyry dykes.
- The geological setting and mineralized context of the Elmer Trend share strong similarities with the Windfall Project in the Abitibi region (Osisko Mining Inc.). Other exploration companies have compared its features to the Hemlo and Bousquet-Doyon mining camps.
- The GRID A-16 Block consists of 4 mineral licences located approximately 6 km south of Azimut’s Patwon gold prospect. A rock channel sample from the historic Grid A-16 showing returned 5.0 g/t gold over 30 centimetres. One historic diamond drill hole is located 500 metres south of the Grid A-16 showing and was drilled to a depth of 149 metres. There are no records that the surface showing received further attention.
- The ETMN-87 Block consists of one mineral licence internal to Azimut’s Elmer Property and 5 km east of Azimut’s Patwon prospect. A grab sample taken on the claim returned 13.91 g/t gold.
- The James Bay Road Block is the Eliza Gold Project’s easternmost block and is crossed by the paved James Bay road which is the principal route to north-western Quebec. The James Bay Road Block consists of three mineral licenses and contains the highest grade surface gold showing recorded in the region, with 176.61 g/t (5.7 ounces per ton) gold in a grab sample taken 630 metres west of a highway bridge that crosses the Opinaca River.