The Company has staked approximately 268 mineral claims covering 15,639 hectares on six blocks in the Laurentian region of Quebec, approximately 200 kilometres northwest of Montréal within the Kitigan Zibi First Nation’s territory. These new claim blocks lie within a 100 km radius of the Company’s flagship La Loutre graphite project.
- 1518-line kilometers of heliborne magnetic and time-domain electromagnetic surveys completed over the six Grenville graphite properties (Figure 1)
- 55 targets prospective for graphite mineralization identified
- Targets to be ground tested with Beep-Mat prospecting and sampling
Within the Central Metasedimentary Belt of the Grenville Geological Province, graphite mineralization is known to occur in conjunction with various types and amounts of sulphides suggesting that a combined geophysical High-resolution magnetic (“MAG”) and time-domain electromagnetic (“TDEM”) response is expected from graphite-bearing rock units. The strong correlation of TDEM and MAG anomalies implies that magnetic sulphide minerals are likely to compose at least part of the anomaly sources. These are considered first steps in developing natural flake graphite exploration campaigns. Please refer to Figure 1 for details.