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Caopatina Belt

Anctil Property

  • The property consists of a total of 114 claims covering an area of 63.63 km2 
  • These claims are subject to an Option Agreement
  • Located 45 km southwest of the town of Chapais
  • Close to infrastructure
  • Two types of mineralization: quartz sulfide vein type and zones of disseminated pyrite
  • Transected by the Druillettes syncline and within the Guercheville Deformation Corridor
  • High priority target area of 5 km2 was defined, encompassing the Druillettes syncline, the inferred continuation of the 3 km wide Fenton corridor and the syenite
  • Limited, non 43-101 compliant, historical drilling comprised of 21 short holes totaling 2,852 m
  • Small surface expression of a syenite intrusion discovered by drilling in 1987. Historical, non NI 43-101 compliant, drilling done in 1987 by Argentex Resource Exploration Corp., returned in hole LA-87-6 values of up to 3.5 g/t Au over 0.9 m between 101.6 and 102.5 m and up to 36.1 g/t Au over 0.9 m from 127.9 to 128.8 m in the surrounding host rocks consisting of mafic and felsic volcanic rocks, less than 25 metres away from the altered tonalite and host rocks contact.
  • 2020 prospecting campaign covering 5 km2 target area resulted in the collection of 144 samples sent for analytical determination of gold. 15 outcrop samples returned anomalous values up to 128 ppb Au (0.13 g/t Au). Most of these anomalous samples were gathered several hundred metres south of an altered tonalite intrusion intersected by historical drilling. The prospecting campaign outlined a new target area of approximately 1 kilometre long by 0.8 kilometre wide south of Anctil Lake. This target area, where almost no drilling was performed in the past, is open both to the west and the east, and additional prospecting would be needed to confirm its extent. The hole LA-87-6 is reported to have a total length of 134 m and is believed to have tested the northern edge of the new target area that extends a few hundred metres to the south.
  • 2021 first phase drilling campaign consisted of 13 holes totaling 2,703 metres. The program was designed to follow up on historical evidence for the presence of both disseminated and high grade gold identified in a 1987 drill program carried out by another operator.

Anctil 43-101 Technical Report
Anctil Regional Map
Anctil Claim Map
Anctil 2020 Outcrop Sampling
Anctil 2021 Drilling