Malartic South Project
Located due south and adjacent to of Agnico Eagle’s Canadian Malartic Property, Malartic South offers discovery potential for both gold and copper mineralization. The property is adjacent to the Canadian Malartic’s Odyssey Underground Mine. Surface mapping indicates approximately 50% of the property is comprised of sedimentary rocks, host to a number of significant gold deposits in the region, including the Canadian Malartic deposits.
The remaining 50% of the claim block is comprised of felsic intrusive rocks that are prospective for copper mineralization as demonstrated by a series of historical exploration holes completed on an adjoining property that reported anomalous copper mineralization over an approximate 300 metre strike length.
In 2022, limited exploration work identified historical placer mining operations on the HEES Project, which is located near Barrick Gold’s Hemlo Mine. Although early, this could be an important development as it was originally gold discovered through panning in the creek and soils that lead to the Hemlo discovery. Exploration in this area will continue during the spring and summer field seasons.
Hammond Reef North & South Projects
Located due south of Agnico Eagle’s Hammond Reef Gold Project, the Hammond Reef North and South Projects are prospective for large tonnage, low grade gold deposits. Surface rock sampling has identified anomalous results within the claim block and additional exploration work is warranted given the large resource identified to the north. The short-term objective is to prioritize exploration targets in preparation for an initial drill program.