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Confederation

Gold and Critical Minerals Exploration

Highlights

  • 57,000 ha project with 100’s km of mineralized trends and favourable structures on trend with major ore bodies
  • Numerous gold showings, including high grades on and near the project
  • Significant Indium and Gallium at Arrow Zone Zn/Cu deposit highlights potential at Zn/Cu showings on RAGE project. Li-pegmatite potential exists on the eastern margins as well as Ni/Co

Technical Details

The Confederation Belt Property covers 57,000 ha and spans 65 km along major regional structures. It hosts 33 known mineral occurrences and has huge potential for critical minerals such as molybdenum, nickel, cobalt and lithium which were not historically explored for in the region.

10,000 m of historic core has been analyzed with over 3,400 samples collected, establishing an extensive drill database for targeting. Analysis identified similar lithological and structural settings to the Dixie Project’s LP Fault along with previously un-assayed mineralization.

High priority targets have been identified on the property through digitization of historic data, resampling of historic core, and grassroots prospecting. These will be the focus of upcoming exploration activities.

Prospect Hole Length (m) Au (g/t)
Fredart Lake FA-1969-79-02 1.98 1.56
Garnet Lake GL-2008-72 0.61 2.31
LP Fault SJV-91-4 1.1 1.8
LP Fault SJV-91-5 0.3 1.447
LP Fault BL98-09 1 1.33
LP Fault BL98-09 1.5 1.22
Panama PL-19-05B 1 3.7
Panama PL-19-04 2 2.34
Panama PL-19-05B 0.6 1.46
Panama PL-19-03 4.8 1.34
Panama MXT20-002 0.52 1.33
Panama PL-19-02 5.5 1.28
Panama PL-19-05B 1 1.24

PANAMA

Localized folding adjacent to the first order structures as been identified through geomagnetic data, creating a similar geological setting to the Dixie deposit. Sampling has returned 13.33 g/t Au in grab and 3.7 g/t Au over 1.0 m in drilling.

FLY MOTH

VMS style gold mineralization, with historic grab samples up to 7.89 g/t Au.  In addition to gold, Zn anomalies include 2.61% Zn over 31 m, 5.92% Zn over 12.2 m and 1.3% Zn over 9 m in drilling.

FREDART LAKE

Structurally controlled gold located in a major disruption of the geomagnetic data. Historic trenching in the area is a high priority target for resampling. quartz carbonate brecciation and carbonate sericite alteration zones identified in historic drilling, with anomalous gold values of 1.56 g/t Au over 1.98 m.

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