Meunier-144
The Meunier-144 property consists of 10 mining claims totalling 161 hectares and is located in an easily workable area in the western portion of the highly productive Timmins mining camp which has produced more than 70 million ounces of gold over the past 100 years.
2009 Exploration:
The first drill program on Meunier-144, which consisted of three shallow holes designed to test five Induced Polarization (IP) anomalies, was completed during the summer 2009. One hole also tested the Bristol Fault rock package, a regionally extensive structure spatially related to the Timmins Mine gold deposit and associated with the Destor Porcupine Fault Zone. Drilling highlighted the presence of many quartz carbonate veins in mafic rocks associated with a major fault, which we interpreted as the South Bristol Fault rock package (Figure 2). Hole M-09-03 intersected the Bristol Fault and investigated 150 m of this favourable assemblage. Holes M-09-01 and M-09-02 tested IP anomalies which have been explained by the presence of disseminated and stringer sulfides inside mafic flow breccias.
The 2010 follow-up drill program of 3,500 meters will require deeper drill-holes. It will include the deep extension of the Timmins Mine Project gold mineralized zones (Figure 3) and the ultramafic north limb structure (Figure 4) targets. The ultramafic north limb structure is the host of the Zone 17 (5 g/t Au over 5.4 meters) on the Cripple Creek property located 5 kilometers to the Southwest (Richmont Mines, press release dated September 23, 2009).
Figure 2: Geological Map and 2009 Drilling
Figure 3: Schematic Vertical Longitudinal Section (Hole M-09-03)
Figure 4: Geological Map of the Timmins West Area