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Description and location
The Dubuisson Property consists of 14 contiguous unpatented mining claims covering 432.11 hectares
within the city limits of Val-d'Or, Québec. The property is located within Dubuisson township near
the geological limits of the Superior Province and is defined by a stacking of mafic volcanic rocks
in contact with the southwestern edge of the Bourlamaque Batholith.
Accessibility, Local Resources and Infrastructure
Situated within the city limits of Val-d'Or, Québec, the property can be reached via Highway 117 and then proceeding south
for approximately 0.5 km by a newly built gravel road that leads directly to the property. Furthermore, a railroad line
crosses the entire length of the property. The property is situated at the North-West limit of the City of Val-d'Or in a
scarcely populated area classified as commercial and industrial pursuant to the by-laws of the City of Val-d'Or, which
classification comprises among others, extraction industries activities. Since the City of Val-d'Or and the Val-d'Or region
are one of the major mining centre in the Province of Québec, the Corporation do not anticipate constraints in regard to the
conduct of its mining activities on the Dubuisson Property.
The city of Val-d'Or is a comprehensive mining centre capable of providing personnel, contractors, equipment and supplies to
a number of operations in the area. Power is available from a provincial power line which crosses the entire length of the
Dubuisson Property.
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The Dubuisson Property is located in the Val-d'Or mining camp, which has seen a number of gold producers.
Among those producing assets are the Sigma Mine and Lamaque Mine, that, each has produced 4.3 M oz Au thus far.
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Geological setting
The Dubuisson Property is located within the Val-d'Or mining district, in the Abitibi greenstone belt of the
Superior province of the Canadian Shield. The area consists mostly of NW-SE to E-W striking volcanic and
sedimentary rocks of Archean age. Plutonic bodies in the region are diverse in size and composition, and
include granitic to granodioritic plutons, and granitic to gabbroic sills and dykes. Valconic and intrusive
rocks have generally been metamorphosed to greenschist facies. The Abitibi Subprovince is the largest greenstone
belt of the Superior Province and is well known for it's important volcanogenic massive sulphide and lode gold deposits.
Within the Eastern Abitibi Subprovince, two main types of gold deposits are found; the common quartz-vein type and
the rare pyritic type. Both occur in areas spatially associated with major fault zones. The Dubuisson Property gold
mineralization observed to date belongs to the quartz-vein type. This type of gold deposit commonly consists of simple
to complex networks of quartz-carbonate-pyrite veins in reverse shear zones and extensional fractures. They occur in
areas dominated by mafic volcanic rocks and are commonly associated with small syn-to late-tectonic porphyritic felsic
intrusions. Associated alteration, which postdates peak metamorphism, is dominated by carbonatization, sericitization
and pyritization of the wallrocks. These deposits formed late in the geological evolution of the Abitibi.
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The Cadillac Tectonic Fault is located some 3 kilometers south of the Property Dubuisson.
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Exploration
The Dubuisson Property has been the object of extensive past exploration work. Previous owners limited their exploration
efforts, however, on the Stabell vein which has been the object of underground development and subsequent small scale
commercial production. Official production figures, from 1933-1937, stand at 64,850 metric tons at an average recovered
grade 7.2 g/t Au for a total of 15,000 Oz. Au.
The rejuvenated interest in the property stems from the encouraging results obtained from the summer 2001 and 2002 programs.
The exploration work carried out by Metanor consisted in surface stripping work which successfully excaved the N°5 vein
structure which has now been exposed, mapped and channel sampled for a strike length of approximately 250 meters.
Between June 2001 and June 2003, Metanor has spent over $767,642 on the property in exploration expenditures.
A total of 5,838 meters of surface diamond drilling in 43 holes has been completed along with surface stripping. All
of the work was focused on the N°5 zone, which has demonstrated excellent geological continuity to date in both surface
stripping work and subsequent diamond drilling work.
Calculation of mineral resources
In order to come up with the resources estimates for zone 5 of the Dubuisson Property, all past and current diamond drilling
results were entered into a database. In September 2003, Resources were calculated and classified in accordance with National
Instrument 43-101. The current mineral resources estimates for Dubuisson are as follows:
| Resources Estimates - Dubuisson Property (September 2003) |
| Zone |
Cut Off
(g/t Au) |
Category |
Metric Tons |
Au (g/t) |
Ounces Au |
| Veine Stabell |
|
Measured |
31,130 |
3.74 |
4,140 |
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Indicated |
19,250 |
10.60 |
6,580 |
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Sub-totall |
50,380 |
6.36 |
10,720 |
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Inferred |
Nil |
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| Zone no.5 |
1.5 |
Measured |
59,338 |
4.07 |
7,765 |
| 1.5 |
Indicated |
56,358 |
4.23 |
7,665 |
|
Sub-total |
115,696 |
4.15 |
15,430 |
| 0.0 |
Inferred |
3,245,222 |
4.15 |
432,995 |
| Total |
|
Measured |
90,468 |
3.96 |
11,905 |
|
Indicated |
75,608 |
5.85 |
14,245 |
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Total |
166,076 |
4.82 |
26,150 |
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| Zone 5 - Status as at September 2003 |
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As of September 2003, the defined mineralized envelope is 550m wide and 600m deep.
This mineralized envelope was followed on surface over a 550 meter distance (Sections 289975 E to 289525 E).
It is open towards the West and is intersected on the East by a N70E oriented fault zone.
In the Western (Section 289050 E) and Central (289200 E) sectors, four (4) drill holes tested the extensions of
the mineralized zone to a 200 meter depth. These drill holes demonstrated the continuity of the mineralized zone.
They all intersected the mineralized shear zones that yielded values ranging from 1 to 3 g/t Au over a thickness reaching
3.5 meters.
In the Eastern sector, a series of close drill holes allowed the delimitation of a richer zone located between Sections
289250 E and 289500 E from the surface to an approximate 200 meter depth. Amongst the previous drill holes carried out
(which results were used to calculate the mineral resources hereinabove) the best intersections yielded the following
results:
| Drill hole |
From |
To |
Thickness (m) |
Grade Au (g/t) |
| PY-02-05 |
68.8 |
73.30 |
4.5 |
5.96 |
| ME-03-08 |
57.10 |
59.15 |
2.05 |
3.45 |
| ME-03-29 |
31.10 |
34.40 |
3.3 |
4.30 |
| ME-03-26 |
31.0 |
33.15 |
2.15 |
4.32 |
| ME-03-18 |
120.2 |
123.1 |
2.9 |
6.65 |
| ME-03-20 |
42.40 |
45.90 |
3.5 |
3.2 |
| ME-03-19 |
31.65 |
33.25 |
1.6 |
3.43 |
| RS-227 |
133.53 |
139.63 |
6.1 |
8.53 |
| RS-224 |
134.75 |
141.15 |
6.4 |
3.50 |
| RS-202 |
133.2 |
137.1 |
3.9 |
3.26 |
| RS-220 |
133.84 |
135.67 |
1.85 |
7.97 |
Two (2) previous drill holes intersected the main zone at a greater depth and on 50-meter interval sections. Drill hole RS-203
yielded an intersection of 6.42 g/t Au over 2.13 m at a depth of -270 m and RS-208 yielded an intersection of 2.75 g/t Au over
3.65 m at a depth of -330 m.
The deepening of these drill holes allowed the intersection of a sub parallel zone located about 70 m further south. The following
results were obtained: drill hole RS-203 yielded a 2.70 g/t Au intersection over 3.6 m at -445 m and drill hole RS-208 yielded
a 3.61 g/t Au intersection over 4.20 m at -535 m. Drill hole ME-04-49 aimed at investigating the extension at
depth of those two (2) mineralized zones. It deviated towards the east and intersected on the east boundary of the enriched zone,
six (6) sub parallel auriferous zones over an approximate 165 m total width between 400 m and 680 m in depth and which yielded
values ranging from 1 to 4 g/t Au over widths reaching 3.20 m.
Therefore, this long drill hole revealed the presence of six (6) mineralized auriferous zones and the
widening, at depth, of the mineralized envelope. At this time, a controlled drilling is underway directly
under the mineralized envelope. It will reach approximately 800 meters in vertical depth (900 meters of total length).
The second phase of the drilling campaign will comprise additional drill holes designed to delimit the extensions of Zone #5
which should allow for a new calculation of mineral resources for this zone.
Stabell Vein:
A few drill holes intersected the Stabell vein along its westernly extension from the old mine (where a shaft and
several kilometres of tunnels were completed and which are still usable for future work), to an approximate 180 meter
depth. The best auriferous intersections were obtained in drill hole ME-04-53 which yielded 3.05
g/t Au over 5.55 m (including 6.53 g/t Au over 2.25 m) and drill hole ME-04-58 which yielded
14.60 g/t Au over 2.1 m.
Conclusion & Recommendations
After reviewing all of the available geological data, it appears that the Dubuisson Property displays similar
geological characteristics to that of the nearby Sigma Mine, which has produced approximately 4.3 million ounces
of gold to date.
Due to these similarities with the Sigma deposit, it is proposed to pursue the exploration work on the Dubuisson
Property. The next work program should include but not be limited to surface drilling. Further surface drilling will
enable for development of additional resources along the N°5 Shear Vein structure along strike and at depth but will
not allow for exploration of other geological targets found at the Sigma mine such as flat veins (tension fractures
found to lie perpendicular to the shear zones at Sigma) or G-dyke stringer type mineralization which again consist of
near flat lying quartz-carbonate stringers found in local concentrations within feldspar porphyry units.
| PROPOSED SURFACE WORK - BUDGET |
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Surface diamond drilling on N°5 Zone: 15,000 metres @ $100/metre at 50 meter spacing
(including assays and technical support)Metallurgical tests & structural studies of Zone#5 material and area
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1,530,000$ |
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Surface stripping of veins N°2-3-4-6-7 & others (including assays and technical support)Surface drilling on
veins N°2-3-4-6-7 & others: 5,000 meters @ $100/metre (including assays and technical support)
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550,000$ |
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Pending positive results from works above mentionedDefinition drilling of Zone N°5: 5,000 meters
@ $100/metre At 25 meter spacing (including assays and technical support)
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550,000$ |
| TOTAL |
2,580,000 $ |
Underground development program
If the results obtained from the work described above warrant it, an underground development program is planned,
consisting of the construction of an access ramp to drift along the No 5 Zone to test for grade and continuity on 2
levels (30m and 60m levels), and an underground diamond drilling will be done to outline position of porphyry units
and to test for flat lying tension veins. After, the development of two 50m cross cuts on each level will be realised
to access feldspar porphyry units and subsequent drifting. Additional underground drilling within feldspar porphyry
units to test for local concentrations of stringer type mineralization will then follow.
Diamond drilling program underway
A drilling program, started mid January 2004, aims to define Zone 5 in depth and towards the West, to delineate other shear
zone parallel to Zone 5 and augment the inferred, measured and indicated mineral resources of the Property.
Other relevant data and information
The province of Québec is considered as one of the most mining friendly province in Canada.
For the past few years, the "Minitères des Ressources Naturelles et du Revenu" have offered grants
and other means to support exploration efforts. In addition, through "Géologie Québec", the government
continues to open new areas of exploration with detailed fieldwork and revisiting of known areas to enhance
the geological knowledge. Their work is consistently of excellent quality and often focuses strongly on the
mining potential of the area studied.
Technical & geological report
Photography
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