MEGATEM Project |
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MEGATEM |
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Country |
Canada
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Province |
Quebec |
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Status |
GREEN EXPLORATION
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Latitude / Longitude |
49 N 04 / 79 W 41 |
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Legends
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Risk and valuation analysis of the MEGATEM Project |
Status Risk : Green exploration |
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Title(s) of the MEGATEM Project |
| Eastmain Resources Inc. Interest: 70% |
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Title | Company Profile | All Projects | Company website | Company project page |
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Eastmain holds 65% interest in any discovery made from these surveys. Eastmain has access to Falconbridge's proprietary exploration data in the areas flown and to their technical expertise in MegaTEM interpretation. Falconbridge shall act as the init more... |
| Xstrata plc Interest: 30% |
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Title | Company Profile | All Projects | Company website | Company project page |
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History of the MEGATEM Project |
14,500 line-kilometres of MegaTEM surveys were flown in June 2004 to cover 2,660 km2 of geology prospective for VMS Cu-Zn-Ag, Ni-Cu PGE and gold deposits. To date 35 of a possible 225 priority targets have been drill-tested.
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Geology of the MEGATEM Project |
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Drilling has outlined three primary target areas with potential for a base or precious metal deposit. Previous drilling on the St. Laurent target intersected 0.47% nickel and 0.36% copper across 24 metres. Recent drilling by the Eastmain/Falconbridge more...
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Data last updated on : 12/30/2008
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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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