PROJECT  right arrow  Duverny / Standard Gold
Size:TBA|
location:Abitibi, Quebec|
Status:JV with Threegold Resources Inc.
(by way of assignment with OSISKO)
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Location:

Located within the mineral rich Abitibi Greenstone Belt of Quebec 15 kilometers North East of the town of Amos in the township of Duverny. The Abitibi Greenstone Belt is known as a well established mining district having produced several multimillion-ounce gold mines. The Property is easily accessible by paved road from Amos and then from gravel roads penetrating trough various parts of Duverny Township.

Work history:

The exploration was done sporadically on the property since the 1930’s. Several companies have drilled generally around the surface gold showings. A bulk sample of 40,000 tons was used to test the heap leach process on the gold ore.

Highlights:

Several gold deposits have been previously defined on the actual Property and its immediate vicinity, including the Duvay-Obalski deposit situated in the northwest portion of the Property, which contains previously reported, non-43-101 compliant, unclassified resources of 725,000 tonnes grading 3.4 g/t Au (M.R.N.F., 1989, DV 90-01, p. 47) or alternatively, 5,000,000 tonnes grading 2.0 g/t Au (M.R.N.F., 1990, DV 91-01, p. 42).

Work in progress:

An extensive rock sampling programme was initiated soon after the acquisition of the property in early August 2010. Since then over 900 samples were collected to evaluate the extension and the characteristics of the known mineralisation, and to discover new mineralised areas.

Geology:

The property geology is dominated by mafic volcanic rocks and gabbro sills that cover the edges of the Duverny and Claverny intermediate to felsic plutons. The property encompasses very large, kilometric zones of intense iron carbonate alteration (ankerite) and a network of significant shear zones in proximity to the felsic intrusions. The carbonate-altered zones contain quartz vein stockworks and disseminated pyrite over large volumes of rock. The shear corridors are generally oriented northwest and host local gold mineralisation.