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Statut : Advanced discovery |
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Risques / Pays : Tres bas |
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| Metanor Resources Inc. Option on interest: 100% |
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Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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| Sandstorm Gold Purchasing Contract: 20% |
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Titre | Profil de la Compagnie | Tous les projets | Site web de la compagnie | Page projet de la compagnie |
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Sandstorm" has entered into a gold purchase agreement with Metanor Resources Inc. . Sandstorm has agreed to purchase 20% of the life of mine gold produced from Metanor's Bachelor Lake Gold Project |
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The Bachelor Lake property is located in the Le Sueur Township (CL740) approximately 225 km northeast of Val-d'Or. The mine site is located 3.5 km southeast of the village of Desmaraisville.
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Bachelor gold deposit was mined by underground mining method, mainly by shrinkage stoping and 131,000 oz of gold were produced during the 1980's. During the winter of 2004-2005, the mine was dewatered in order to initiate an underground drilling program in 2005.
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The property is underlained by Archean volcanic rocks of the Obatagamau Formation. This formation includes mafic, intermediate and felsic flows and their intrusive equivalents. The epizonal syn- to post-tectonic composite O'Brien "granite" is a prominent feature east of the deposit. Post-tectonic lamprophyre dykes are also present in the mine.
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