Blanche and Charles
The Blanche and Charles projects covering 162 km2 are 100% owned. They lie approximately from 120 to 150 km northeast of the Éléonore mine. They are covered by the volcanic-sedimentary rocks of the La Grande geological subprovince.
The goal of the exploration program on the Blanche and Charles properties is to sample the properties systematically to establish a reliable geological database and improve the understanding of the geology and structure of the various sectors. In addition, the geological setting (greenstone belt) appears to be favourable for the discovery of gold and base metals.
The Blanche property primarily consists of a wide, east-northeast trending mafic band interpreted as an amphibolite basalt interbedded with small segments of magnesium basalt and komatiite, iron formations (silicate and/or oxidized) and wackes. The property is bordered to the south and north by intrusive rocks that have been described as Hornblend and biotite tonalite ± magnesium to the south and tonalitic gneiss, tonalites, granodiorites and quartz monzogranites to the north.
Particular attention should therefore be paid to the lithological contacts between iron formations, wackes and amphibolite basalts. Work carried out by ExploLab on behalf of Les Explorations Carat Inc. confirmed the presence of gold in the iron formations. The mineralization is highly variable, but can be up to 10% sulphides locally. The sulphides observed were pyrrhotite, pyrite and arsenopyrite, generally associated with bands of chert. The pyrrhotite occurs in veinlets (mm) and the pyrite and arsenopyrite are disseminated or in small clusters. ExploLab concluded that the gold is associated with arsenopyrite. Some intrusives (felsic rocks) also showed chalcopyrite and sphalerite mineralization.
In addition, the magnetic highs and lows can be easily located on the magnetic map of the area, which makes it possible to easily identify the iron formations and the pyrrhotite-rich wackes. The western sector, which corresponds to a magnetic high bordered by a magnetic low, warrants careful sampling, as significant gold anomalies have been observed in showings such as the Simon showing on the La Pointe sector of the Sakami property in the same type of setting (signature).
The Charles property seems relatively similar to the Blanche property. It consists almost entirely of a northeast-striking band of mafic rocks (amphibolited amphibolite-basalt) interbedded with banded iron formations (silicate and/or oxidized) and paragneiss bands derived from feldspath wackes with biotite and garnet. Some parallel bands of ultramafic rocks (peridotite and pyroxenite) have been observed. Magnetic highs can be clearly seen in the southern portion of the property on the magnetic map of the property. This strong magnetism must correlate with the presence of numerous silicate, oxidized and sulfurized (pyrrhotite) iron formations. The magnetic lows associated with magnetic highs on this property also merit careful sampling; such sites are often the preferred locations for the deposition of mineralization.
QPM has assembled a district-scale land package (909 km2) in the underexplored region of the Eeyou Istchee James Bay territory in northern Quebec located near the town of Radisson. The region hosts the Éléonore gold mine discovered by Virginia Gold Mines in 2004 and operated by Goldcorp Inc. since 2014. The flagship project is Sakami and QPM is advancing it to the resource estimate stage by the end of 2019. Existing infrastructure facilitates exploration at a reasonable cost all year round.