| | - Name of Project - Horne Remnor Zone is part of the Horne mine infrastructure and acquired as part of an underlying agreement with Xstrata as a Controlled Property.
- Project Type - Former Producer
- Location - Rouyn Township -
- Target Minerals - Gold-Copper
- Overview -
- Historic gold production from 1986-1989 as flux ore from the upper levels of the Horne mine.
- The zone is at minimum 150m thick.
- Prior production of 604kt grading 5.8g/t Au.
- Historic resource remaining in the Renmore Zone with average grade of 5.0g/t Au and 0.45% Cu2. No assessment of the potential for profitable extraction of the above grade has been made. Future programs under consideration will focus on validating the tonnage and grade identified.
- Geological Summary - The Remnor zone is part of the G-orebody. Nearly all of the ore associated with the G hydrothermal system came from gold rich pyrite-sericite veins and phreatic pebble breccia dikes in the underlying alteration pipe.
- Next Steps -compile and analyse the historic data to model historic mine.
1 Gibson et al, 1999
Cautionary Language
The Company advises that the production, tonnage and grades listed above are historical in nature and have not been verified. The category of historical resource does not conform to current CIM definitions. The historical estimates are not supported by a technical report. A qualified person has not done sufficient work necessary to classify the historical estimates as a current mineral resource or mineral reserves. The Company is not treating the historical estimates as current mineral resources and the historical estimate should not be relied upon. The Remnor Zone is classified as a Controlled Property in which the Company has an economic interest below 200 meters. |
