Other Projects

Lac Lessard

Lac Lessard is located 15 kilometres northeast of the Eastmain mine site and is prospective for PGMs (Platinum Gold Metals). Darnley Bay Resources has an option to earn a 50% interest in the project by completing $2.5 million in exploration.

Lac Hudson

This wholly-owned property, located in the central portion of the Eastmain Belt, covers prospective geology similar to that hosting Placer Dome’s Musselwhite gold mine. Preliminary work detected anomalous gold and base metal concentrations in sulphide facies iron formation and cherty exhalite horizons.

Reservoir

Located in the central part of the Eastmain Greenstone Belt, 60 kilometres southwest of Goldcorp’s Éléonore mine, this 8,226-hectare property is owned entirely by Eastmain. Wide-spaced drilling identified three copper-gold zones grading up to 8.15% copper, 36 g/t gold (1.05 ounces) and 52 g/t silver (1.52 ounces).

Lac Elmer

(50% Eastmain, 50% Barrick) Eastmain and Barrick Gold Corporation jointly own this exploration permit in the western end of the Eastmain River Greenstone Belt. Geologically similar to Ontario’s 30-million-ounce Hemlo mine and the gold mines of Val d’Or, Québec, Lac Elmer hosts a 12-kilometre long mineralized horizon enriched in gold, silver, copper and zinc.

Radisson

The Radisson Project covers 20,340 hectares of Archean-aged volcanic-sedimentary rocks hosting multiple gold occurrences. The straddles a regional structural/stratigraphic break with high potential for a sedimentary or volcanic-hosted gold deposit. Honey Badger Exploration has an option to earn a 50% interest in the project by completing $2.5 million in exploration.

Lidge

This 1,024-hectare property, located 250 kilometres north of Matagami, hosts a stratabound, pyritic gold horizon geologically similar to the Bousquet and Hemlo mines of the Canadian Shield. Early drilling intersected up to 11.42 g/t gold over 1.3 metres (0.33 ounces per tonne over 4.3 feet) within a pyrite-pyrrhotite-fuchsite bearing cherty tuff.