MOBLAN Project |
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MOBLAN |
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Country |
Canada
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Province |
Quebec |
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Close to |
Chibougamau |
Status |
GREEN EXPLORATION
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Surface |
2 km² / 581 acres |
Number of claims |
14 |
Latitude / Longitude |
50 N 48 / 74 W 22 |
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Legends
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Risk and valuation analysis of the MOBLAN Project |
Status Risk : Green exploration |
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Location of the MOBLAN Project |
The Moblan property is located 112 kilometers north of Chibougamau and is accessible from Chibougamau via Route du Nord, an all-weather gravel road, to Kilometre 112.5 where a 2-kilometer winter trail runs south to the centre of the Moblan West property. At Kilometre 105 on the Route du Nord, a logging road and winter diamond drill trail provides access to the Moblan East property.
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History of the MOBLAN Project |
The preliminary assessment for the Moblan West project, envisioned mining at a rate of 135,000 tonnes per year and the capital cost for mining and processing was estimated at C$22 million. Results of the study determined a net present value of almost C$21 million at a discount rate of 8% per year, for a 10-year operation and an internal rate of return of 26.28%.
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Geology of the MOBLAN Project |
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The Moblan property is located in the eastern segment of the Frotet-Evans greenstone belt of Archean age in the Opatica Sub-Province of the Canadian Superior Province. The greenstone belt is enclosed by a granitic-gneissic complex and has itself been more...
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Data last updated on : 12/31/2008
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Disclaimer
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All information on this page comes from internal and external sources deemed reliable. This information might not be up to date, so please perform due diligence before making any conclusion or making any action. Do contact us should any information be missing or incorrect.
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