District-Scale Land Package with Multi-Million Ounce Potential
- Year round access and drilling.
- Underexplored area hosting the Éléonore gold mine along strike.
- 23 km along the contact between sediments and volcanics between La Grande and Opinaca sub-provinces.
- Many gold occurrences identified over 10-km strike length.
La Pointe deposit history
- 100 diamond drill holes intercepted the deposit
- 32,940 m drilled to date
- Drilling over 900 m length, down-plunge from surface to 600 m, open in all directions.
- Significant gold grades between 20 to 50 m drilling width, highlights:
|4.94 g/t Au over 21 m including 6.35 g/t Au over 11 m|
|4.01 g/t Au over 23 m including 7.21 g/t Au over 7.0 m|
|4.16 g/t Au over 21 m including 6.40 g/t Au over 13 m|
|3.89 g/t Au over 14.9 m including 4.26 g/t Au over 11.9 m|
|3.59 g/t Au over 27 m including 5.06 g/t Au over 15.0 m|
|3.22 g/t Au over 31.5 m including 5.11 g/t Au over 15 m|
|2.51 g/t Au over 48 m including 6.93 g/t Au over 12 m|
* The text on this page includes information extracted from the NI 43-101 technical report prepared by SGS Canada Inc.’s Geostat consulting Group on the Sakami project and dated November 24, 2017.
Advancing to Resource Estimate Stage
The Sakami project covering 140 km2 lies about 90 km northwest of the Éléonore mine. It straddles the contact of the Opinaca and La Grande geological subprovinces which offer a variety of settings in which to host gold deposits. Exploration work within and surrounding current project area has taken place since the late 1950s. In early 2000s gold mineralization was discovered at surface near Sakami Lake. This led to the discovery of several mineralized areas hosting variable gold grades*
The focus of recent surface work has been the La Pointe deposit and Simon and JR areas.
Drilling has focused on the La Pointe deposit in which gold occurs at the subprovinces contact in association with structural deformation. A mineralized area has been outlined of 900 m long by 550 m wide along dip and to a depth of 400 m below surface.