Recent exploration work performed in 2024, consisting of prospecting and sampling, allowed to collect 39 outcrop samples. Values up to 0.27% nickel, 0.04% cobalt, 0.24% copper and 0.21 g/t Au were obtained from these samples. The highest zinc value is 0.07% and only 3 samples had overall zinc values over 0.05%. Due to the digestion method selected, germanium values were deemed not reliable.
In December of 2024, the completed its initial outcrop sampling program on its 100% owned Fafnir Lake Uranium and Molybdenum Property, located in the Upper Laurentides region of Quebec. The Company carried out detailed outcrop sampling in an area roughly 4 km by 1 km encompassing both the Fafnir Lake and Huillier Lake showings which are nearly 3 km apart.
The Bissent Lake Property comprises 35 claims covering 2,056 hectares (20.6 km2). The Property is approximately 50 km northeast of the town of Mont-Laurier and has excellent access through a network of secondary and lumber roads.
The Property encompasses 234 ha (2.3 km2) in the Abitibi-Temiscamingue region of Quebec within the Belleterre-Angliers greenstone belt (BAGB) of the metal endowed Abitibi Subprovince. Two historic showings, Old Baldface and Fabre-Nord, underpin the mineralization on the Property.
As per May 1, 2024 news release, the company completed its fifth exploration program on the Elon Property by carrying out auger drilling in order to sample the overburden near the bedrock.
The Lawyers North, East, and West claims cover approximately 6,260 ha (62.6 km2) and are on trend with several mines found in the region. The claims located in BC’s famous “Golden Horseshoe” region contiguous to the southeast and southwest of Benchmark Metal’s (BNCH – TSX.V) “Lawyers” Gold and Silver project.
The Pluto Gold Prospect is located in the Nord-du-Québec region of Quebec and comprises 54 claims covering an area of approximately 3,000 hectares (30 km2). The Pluto Property has been underexplored for base and precious metals. Historical assay results returned Cu-Zn-Au-Ag values. Sulfide mineralization were observed in previous diamond drilling and at the nearby Dolomieu-Sud showing.
The Pontax South Property consists of 105 claims covering 5,603 hectares (56 km2) and immediately adjacent to the south to Li-Ft Power Ltd.’s Pontax project which contains the most extensive Lithium anomaly within Li-Ft’s Quebec portfolio. The Property is in Quebec’s James Bay region.
The Ile Interdite Property consists of 20 claims covering 1,089 hectares (10.9 km2) and extends over 5 km along the Nottaway River Shear Zone, a prominent regional structure that can be followed over 200 km. The Property is in Quebec’s James Bay region.
