Lapaska
The Lapaska property (100% interest) is located in Louvicourt Township 15 km East of Val d'Or and includes 26 claims. It covers an area of 333 hectares between the past producing gold deposits Sigma II to the East (150,000 oz at 2.5 g/t Au: Placer Dome, 1997) and Simkar to the West (+/- 50,000 oz between 4.5 g/t Au and 8.6 g/t Au: MRNF-Sigeom).
History:
Between 1935 and 1996, several mining companies; including Lapaska Mines and Placer Dome; completed exploration programs on the property that included mechanical stripping, drilling and geophysical surveying. A 75m-deep well and exploration drift were also constructed in 1947. Between 1948 and 1989, more than 18,700m of drilling was completed on the property which identified three gold-bearing zones. Some of the best intersections returned 9.4 g/t Au over 4.7 meters (hole 245-43 in the Central Zone) and 6.2 g/t Au over 2.5 meters (hole 245-54 in the West Zone) and 14.9 g/t Au over 0.3 meter (hole 245-30 in the Lourmet Zone).