1925
1934
1935-1942
1941-1949
1972-1973
1983-1987
1988
1990
St. Andrew Goldfields Ltd., acquired the Quebec Sturgeon River Gold Mine property from Phoenix Gold Mines Ltd, primarily for Phoenix’s Timmins mining claims/properties, with no analysis or review of the Quebec Sturgeon River Gold Mine. Subsequently, the Quebec Sturgeon River Gold Mine asset was forgotten and sat dormant.
2001
Roxmark Mines Ltd. processed 4,545 tonnes all from one single side (based easy access) of the existing Quebec Sturgeon River Gold Mine waste rock stockpile on the property.
2002
St. Andrew Goldfields Ltd. deciding that the Quebec Sturgeon River Gold Mine was a non-core asset due to primarily to its location, and it being non-proximal its key operating mines.
The following is a description of exploration work completed by LAURION Mineral Exploration Inc. on the Ishkoday property from 2007.
2007
LAURION Mineral Exploration Inc., acquired the Ishkoday from St. Andrew Goldfields Ltd., and completed an independent environmental due diligence report. The report found the historic waste stockpile and tailings located on Ishkoday from the former Quebec Sturgeon River Gold Mine (1936-1942) to be non-acid generating and fairly benign.
2008
LAURION collected a total of 14 selected grab samples during a preliminary project visit. Caracle Creek International Consulting Inc., completed a channel sampling program composed of 50 channel samples on the NW steeply dipping Marge gold-quartz vein over an identified strike length of approximately 365m. A NI 43-101 Technical Report was also completed for the Quebec Sturgeon River Mine Claim Block and was filed on SEDAR.
2010
LAURION retained GeoVector in order to design the 2010 Ishkoday exploration program. Sampling by GeoVector of surface showings from the #3 gold-quartz vein at the former site of the Quebec Sturgeon River Gold Mine returned 95 g/t gold and 51.6 g/t gold over a 30cm vein width, confirming the historically reported higher gold grade nature of this vein at surface. In addition, two samples of the adjacent host rock over approximately 50cm width returned values of 1.35 g/t gold and 1.16 g/t gold, indicating that the host rock may well carry significant gold grades. Some165m S of the Quebec Sturgeon River Gold Mine shaft, 2 samples taken from the #3B quartz vein returned values of 34.6 g/t gold and 25.3 g/t gold.
GeoVector completed a 5-hole diamond drill program totalling 353m on the Marge gold-quartz vein which was designed to intersect the vein at right angles over a 150m strike length.
GeoVector also completed a project wide mapping and sampling program, which resulted in the discovery of two new higher grade gold mineralized zones. In total, 100 surface selected surface grab samples were collected at the Tala mineralization trend ('Tala') and 92 samples on the Asha mineralization trend ('Asha'). The first discovery zone at Tala, is located west of the Quebec Sturgeon River Gold Mine area and appears to be on strike and E of the Argonaut (previously known Prodigy Gold aka Kodia) Brenbar project. The second discovery zone at Asha is located south of the Quebec Sturgeon River Gold Mine area. Higher gold assay values were clustered along an E-NE trend over a 1.8km of strike length.
Tehya was then stripped of overburden to expose the mineralized zone for mapping and channel sampling, following two promising diamond drill hole results in the area.
Initial sampling by GeoVector of the waste stockpile at the Quebec Sturgeon River Gold Mine returned a range of 0.06 g/t gold to 10.2 g/t gold with an average grade of 2.83 g/t gold from 8 random samples. It was reported in 1984 that a bulk sample extracted at that time by front end loader returned an average of 2.95 g/t gold. On the basis of these initial encouraging results, Laurion commissioned a comprehensive program to accurately determine the location and volume of the waste stockpile, and to sample the stockpile using an excavator to dig pits to acquire representative samples throughout the stockpile. The survey of the stockpile and the tailings area was carried out by TBT Engineering Consulting Group of Thunder Bay.
LAURION also completed 5 deep diamond drill holes totalling 3,516m below the Quebec Sturgeon River Gold Mine workings to test the down dip extension of the #3 gold-quartz vein and also targeting the M, 10 and 11 quartz veins in the areas beyond 550m vertical depth.
2011
LAURION acquired an undivided 100% interest in 13 mining claims totaling 179 units and primarily located in Pifher Township known as the Ishkoday North Claim Block.
LAURION retained Quantec Geoscience to complete two induced polarization surveys carried out on the NE Grid at the Ahki mineralization trend ('Ahki') and the SE Grid at Asha. The survey was carried out over 16 line kilometres with 100m line spacing and 25m station intervals using TDIP pole-dipole array for the IP and a GSM-19 Overhauser magnetometer.
Some 7 diamond drill holes totalling 1,104m tested anomalies on the NE Grid at Ahki, the Makwa minerlization trend ('Makwa') and at the Tehya Extension. All 7 holes intersected gold-silver-copper-zinc mineralization, indicating a different style of mineralization to the previously known lode gold quartz veins.
LAURION conducted a geophysical program on the Ishkoday East Claim Block consisting of total magnetic intensity (TMI) and horizontal loop electromagnetic (HLEM) surveying on the South Grid. The grid was laid out to test a weak helicopter-borne EM anomaly detected in a competitor’s VTEM survey over the area in 2010. Line-cutting was completed by Michael Goodman of Beardmore.
The S Grid was cut using 100m line intervals and picketed at 20m station intervals along the lines. A total of 2.2 line-km were cut and chained. Geophysical surveying was carried out under contract by Exsics Exploration Limited of Timmins (Ontario). TMI surveying was completed at 5m station intervals using field and base-station Scintrex ENVI proton precession magnetometers. In total, 2.2 line-km of TMI surveying was completed on the S Grid. An Apex Parametrics Max-Min II unit was used for HLEM surveying. In-phase and out-of-phase readings were manually recorded for 1777Hz and 444Hz frequencies using a 100m coil separation. Data were read at 20m station intervals. In total, 1.4 line-km of HLEM surveying was completed. GeoVector completed all geophysical data plotting and interpretation. Ground magnetic surveying effectively mapped an E-W trending magnetic anomaly that was shown by drilling to be due to massive and blebby porphyry. The HLEM survey did not detect the VTEM survey conductive anomaly.
A total of 6 diamond drill holes totalling 1,360m (LME11-018 to LME11-023) targeted multiple strong chargeability anomalies identified by the induced polarization survey on the SW Grid carried out by Quantec Geoscience on the Asha trend. Drilling totalling 280m (LME11-024 and LME11-025) examined the extent of the previously drilled Tehya at depth and along the 800m strike length between diamond drill holes LME10-07 and LME11-017.
2012
LAURION commenced a prospecting program covering the Tehya, Ahki, the Loki and the A mineralization trends ('Loki' and 'A') precious metal rich sulphide trends.
The A NE Extension and Loki
Selected grab sampling took place in trenches located on the Beaurox Claim Block 250m NE and along strike of drilling completed by LAURION. A total of 14 samples were taken along 125m of strike length. Best assay results included 15.30 g/t gold, 77.8 g/t silver and 27.50% zinc.
The A SW Extension and Loki
The sampling took place in trenches located 440m SW and along strike of drilling completed by LAURION in 2011, which initially identified the Loki trend. Loki is now projected to be the SW strike extension of the A on the Beaurox Claim Block, and occurs approximately 400m S and parallel to the Tehya trend. A total of 7 selected grab samples were taken along 220m of strike length. Best assay results included 42.30 g/t gold and 18.80% zinc.
A2 Mineralization Trend (“A2”) and Loki
Selected grab sampling took place in trenches located 300m S and parallel to Tehya. A total of 7 samples were taken along 820m of strike length. Best assay results included 53.00 g/t gold and 23.5 g/t silver and 18.90% zinc.
85-A2 Mineralized Trend (“85-A2”) and Loki
Selected grab sampling took place in trenches located 150m S and parallel to the Tehya trend. A total of 8 samples were taken along 350m of strike length. Best assay results included 2.53 g/t gold and 91.1 g/t silver, 1.66% copper and 15.00% zinc.
Azurite Showing and Loki
Additional prospecting and mapping was carried out on a second copper showing designated the Azurite showing. While mapping thisshowing, a further zone of zinc and copper was discovered approximately 20m N of the Azurite showing. Assay results from selected grab sample #1384287 yielded 186 ppb gold, 12.4 g/t silver, 0.13% copper and 13.90% zinc; whereas selected grab sample #1384288 returned values of 959 ppb gold, 67.7 g/t silver, 1.29% copper and 4.80% zinc.
A4 Mineralization Trend (“A4”) and Tehya
The selected grab sampling took place in trenches located 200m NE of the 85-A2 sampling. The A-4 is possibly the extension of the 85-A2. A total of 8 grab samples were taken along 260m of strike length. Best individual assay results included 1.96 g/t gold, 133.0 g/t silver, 0.56% copper, 2.95% lead and 9.37% zinc.
River West and Name Ziibi Mineralization Trends (“River West” and “Ziibi”)
The selected grab sampling took place in trenches on the Ishkoday North Claim Block. Two sub-parallel mineralized trends were identified approximately 60m to 75m apart across strike. The northern river West was sampled over 350m of strike and is gold bearing. The southern Ziibi is copper, silver and gold bearing. A total of 8 selected grab samples were taken along 260m of strike length. Best individual assay results included 6.86 g/t gold and 48.9 g/t silver, and 1.86% copper.
River East Mineralization Trend (“River East”) and Ziibi
The selected grab sampling took place in trenches located on the northern portion of the Beaurox Claim Block at River East. The mineralization appear to be an on-strike extension of the copper, silver and gold zone on River West South. Samples were taken over 860m of strike length. A total of grab 8 samples were taken along 260m of strike length. Assay results were generally low; the best individual assay results include 11.9 g/t silver and 0.9% copper.
2013
GeoVector completed an NI 43-101 Mineral Resources Estimates for the stockpile and tailings area associated with the processing of ore feed from the Quebec Sturgeon River gold Mine. The estimates for the stockpile was 144,070 tonnes grading 1.59 g/t gold for 7,383 contained ounces of gold in the Indicated category. The resource estimate for the tailing was 137,501 tonnes grading 1.67 g/t gold for 2,944 contained ounces of gold in the Indicated category. Total Indicated mineral resources for both the stockpile and tailings totalled 281,571 tonnes grading 1.14 g/t gold for 10,327 contained ounces of gold. The estimates were prepared by Dr. A. Armitage, P. Geo., an independent consultant to LAURION. The NI 43-101 report was filed on SEDAR.
Channel sampling followed up on several new discovery zones identified in a prospecting program.
J Vein Mineralization Trend (“J”) and Tehya
The J is located within Tehya and is proximal to the Ahki. The J is located 200m from the Ahki A6 vein, which during previous prospecting and mapping in 2010 returned a selected grab sample assay of 6.76 g/t gold, 10.2% zinc, 0.70% copper and 8.5 g/t silver, and 100m SE of LME11-017, which returned assays of 0.10 g/t gold, 10.1 g/t silver, 0.11% copper and 2.85% zinc over 5.85m, including 0.05 g/t gold, 14.9 g/t silver, 0.21% copper and 9.79% zinc over 1.30m, hosted within a package of intermediate volcanic rocks. The J was channel sampled from E to W and sampled on a 5m line returning assay intervals of 0.14 g/t gold, 10.3 g/t silver, 0.10% copper and 0.78% zinc over 1m; 0.69 g/t gold, 16.9 g/t silver, 0.07% copper, 2.95% zinc and 0.43% lead over 2.0m on an adjacent 15m line; and 0.12 g/t gold, 11.4 g/t silver, 0.11% copper and 2.27% zinc over 4.0m on the next 27m line.
Southwest R, K and C Mineralized Trends (“CRK”) and Loki
The Loki Trend occurs approximately 400m S and parallel to Tehya Trend. An 3 additional mineralized trends were located to the S and on strike with the A2 Mineralized Trend (“A2”) which had been drilled in late 2012, returning results of 12.84m of 3.31 g/t gold, 18.1 g/t silver and 3.72% zinc, including 4.04m of 5.25 g/t gold, 40.1 g/t silver, 8.38% zinc and 1.24% lead.
Channel sampling of the R gave assay intervals of 2m grading 1.22 g/t gold, 1.5 g/t silver, 2.28% zinc and 0.02% copper on a 3m line; 8m of 1.08 g/t gold, 4.9 g/t silver, 1.11% zinc and 0.08% copper on a 7m line, including 5m of 1.68 g/t gold, 7.0 g/t silver, 1.27% zinc and 0.10% copper, and 5m of 1.59 g/t good, 2.2 g/t silver, 2.04% zinc and 0.04% copper. Channel sampling on the K yielded 3m of 0.72 g/t gold, 2.7 g/t silver, 1.94% zinc and 0.04% copper on a 3.5m line; 4m of 0.99 g/t gold, 2.5 g/t silver, 2.15% zinc and 0.06% Cu on the 8m line; and 3m of 0.29 g/t gold, 7.8 g/t silver, 6.88% zinc, 0.08% copper and 0.19% lead on the 14m line. Channel sampling on the C produced 3m of 3.14 g/t gold, 23.2 g/t silver, 2.62% zinc, 0.20% copper and 0.15% lead on the 1m line. Channel sampling on a new C1 quartz vein gave 1.3m of 1.07 g/t gold, 1.4 g/t silver and 0.08% zinc.
Makwa
A new horizon is postulated to exist south of Loki. Diamond drill holes LME11-014, LME11-015 and LME11-016 tested three IP targets following samples were also collected along this horizon. It appears that these holes fell short of the main Makwa; however all the holes intersected extensive zones of disseminated and stringer style zinc mineralization (sphalerite) and associated lower grade gold and silver with occasional copper mineralization.
2014
LAURION completed a drill program was composed of a total of 533m of diamond drilling completed in 4 holes ( LBX14-016, LBX14-017, LME14-030 and LME14-031). Two additional strategic diamond drill holes (LBX14-018 and LBX14-019) totalling 424m tested the higher grade polymetallic A-Zone of the Loki Trend.
2018
In early 2018, LAURION designed a long term 3-stage exploration program over a 3 to 5 year period with the prime objective of rapidly defining a significant near-surface bulk metal polymetallic system in the order of 10 million gold equivalent ounces that could potentially be mined in one or more open pits (the “Potential”). It was believed at the time there was sufficient evidence from the historical and LAURION’s work for this potential to exist in a 3km by 1km are containing all of the known precious and base metals mineralization known to date (the “Target Area”).
Stage 1 consisted of an initial field validation exploration program with a first-pass interpretation to prove the existence of sufficient polymetallic mineralization that may offer the proposed Potential. Some 80% of Stage 1 was completed in 2018. The remainder formed part of the 2019-2020 Stage 2 exploration program that is to determine the actual Potential of the mineralized system via further outcrop stripping, continuous channel sampling, assaying, 2D and 3D geological modelling, and targeting to outline specific areas at Ishkoday. The 2021-2023 Stage 3 exploration program would ultimately consist of defining the size of the Ishkoday mineralized system in Mineral Resources of all categories.
In Stage 1 - Phase 1 work from May to July 2018, LAURION recompiled the available Ishkoday data, and followed-up with prospecting of poorly explored areas of the North Claims and the Target Area of the South Claims in an expedited fashion in order to move the project to the next exploration phase. The activities included regional prospecting, limited regional geological mapping and the prospecting of known mineralized “veins” and their extensions, and new areas in the less explored North Claims, located north of the Namewaminikan River.
Some new mineralized quartz vein occurrences were discovered on the North Claims. These vein sets were systematically manually stripped and sampled. Outcrop stripping, mapping and sampling was also done in the southern portion of the claims including the “85-A2” gold-quartz vein system and the polymetallic base metal veins. Hand stripping was completed in two areas, the “Jack showing” adjacent to Highway #801 and the 5157 area which was southwest of the 85-A2 Quartz Vein system.
The Phase 1 - Stage 2 work included mechanized and additional manual outcrop stripping, channel sampling and assaying. Two large stripped areas - Trenches or TR18-1 and TR18-2; were completed during this stage. Trenches were channel sampled in a semi-continuous fashion at 0.2m to 1.5m intervals. Trenches were designed to expose the favorable geology and veins associated with the 85-A2 Quartz Vein system (in TR18-1) and to test the lateral continuity of the gold mineralization and alteration on strike to the southwest.
Stripped area TR18-1 was constructed 1km NE of the Sturgeon River Mine. The stripping was designed to expose a suite of NE-SW gold bearing quartz veins carbonatized and/or sericitized selvages that include the 85-A2 and other gold bearing quartz veins previously identified and to channel sample them in a semi-continuous fashion. Veins pinch and swell along strike from a few centimeters to locally over a meter in width. Quartz veins contain minor pyrite and rare chalcopyrite. Free visible gold was common. The veins typically form anastomosing patterns. Thin 020° trending chlorite-magnetite polymetallic veins occur sparsely in TR18-1 and correspond to base metal values in the channel samples.
The stripped area TR 18-2 was designed to expose the geology and explore for gold bearing veins on strike with those veins exposed in TR18-1 (to the SW of TR8-1). The trench intersected volcaniclastic and tuffaceous volcanic rocks, felsic to intermediate flows and intermediate composition intrusive rocks similar to rocks in TR18-1.
The 2018 exploration program at Ishkoday focussed on determining the extent and grade of selective vein sets, whether gold-quartz or gold polymetallic veins and stockworks, which could further advance the overall potential. The work also enhanced the understanding of the mineralizing systems and confirmed the results of the historic work, and confirmed that the polymetallic base and precious metal systems are long lived, multi-generational events that are clearly associated with structures formed by the deformation events that have affected the area.
In 2018, LAURION completed total of 20 SONIC drill holes on the Stockpile for 185.3m, averaging 9.3m in a range of 3.7m to 15.2 m. Each of the SONIC drill holes was strategically positioned to sample the inner core of the Stockpile to a minimum of 1.5m below the base of the Stockpile. Assays and metallurgical results from this work are still pending. However, additional specific gravity work of the Stockpile indicates ranges of 2.20 to 2.40 t/m3, with a new volume range between 75,000m3 to 80,000m3 over an area of 12,000m2 or in the range of 150,000 to 190,000 tonnes, with gold grades between 0.67 to 1.59 g/t gold.
LAURION also completed Metallurgical laboratory test work on its surface stockpile. The purpose of the test work was a follow-up of the 2010 and 2014 testing, designed to evaluate the gravity recoverable gold followed by flotation of the gravity tailings to recover any remaining gold.
Some 60% of the gold was recovered to the Knelson concentrate at 187 times upgrading to 91.8 g/t gold. Gravity separation is most effective if the gold is liberated or locked with pyrite, and its performance may improve with finer crushing. A further 35% of the gold was recovered by flotation. Gold appears mainly as Electrum (98%), with the remainder in pyrite. Electrum is a naturally occurring alloy of gold, silver and trace amounts of copper and other metals, ranging from pale to bright yellow in color, depending on the proportions of gold and silver. The majority of both were recovered through gravity separation. 30% of the electrum is locked in silicates and is recoverable by flotation but will require further grinding to improve grade due to the fine-grained texture. The 2019 metallurgical study supports the previous 2010 and 2014 studies and adds to the gold potential of the Stockpile. All three metallurgical reports are available on the LAURION website.
2019
Outcrop stripping totalling 41,067 m2 was completed in 6 areas, of which 22% was rehabilitated in 2019:
Additional channel samples were taken from TR18-1 East covering the NE extension of the 85-A2 Quartz Vein;
Channel samples taken in 2018 from stripped outcrops TR18-1 and TR18-2 were re-measured for their length and azimuth, and outcrops were re-mapped;
A total of 3,581 channel and 239 selected grab samples were sent to ALS Group laboratory for assay and limited litho-geochemical analysis:
Pioneer Aerial Surveys completed in August 2019, an airborne drone magnetic survey with low altitude photos;
A drill core re-logging exercise was also completed as part of standardize rock units, their contacts, structures, outlining veins and structures, all to define litho-structural domains – the exercise will help complete the first comprehensive geological map incorporating all current and historical work on Ishkoday;
LAURION embarked on the database review in August 2019 ensuring that all of the historic and current geological and exploration information from Ishkoday was processed and compiled which compilation, synthesis and interpretation. The detailed work done included:
Upgrading the leading-edge Ishkoday Master Database for eventual geological modelling and mineral resources estimations of the “A” Zone. The information included creating files for the:
2020
A total of 7,937m of NQ size drill holes (31 drill holes) was completed on the A-Zone, McLeod, Joe, Ahki/Azurite and CRK Zones, located in the north east Ishkoday Project. Phase two 2020 drilling ended on a high note, with a high-grade discovery interval within the total intercept which assayed 48.69 g/t Au, 35.98 g/t Ag, 1.14 % Cu over 5.40 m, including 441 g/t Au, 191 g/t Ag over 0.57 m discovered in drill hole LME20-031 in the New Niish Zone.
The 2020 drilling provided a new geological understanding, confirming the presence of volcanogenic mineralization (A-Zone type) over the whole strike length between the McLeod Zone and A-Zone. The strike length across the mineralized zones is approximately 1.4 km, with a confirmed depth up to 150 m from the surface.
2021
In 2021, the Corporation completed 31 oriented diamond drill holes totaling 7,937 m, geophysical surveys and effective surface geological mapping, providing the Corporation with a new insight into the knowledge of the Ishkoday mineralizing systems and extent of its potential new targets.
As a result of the drilling and exploration work completed in 2020, the Corporation’s extensive 3D data integration with the combined data and knowledge driven interpretation, continues to greatly enhance potential and prospectivity, providing key understanding to maximize drill targeting and generation of new areas of interest. The 2020 drill program highlighted the importance of the intersection of these structures with the NE-NEE trending zones as prime target areas for further exploration including the newly discovered Niish Zone. The new Niish discovery zone is located on a major N-trending mineralized structure and lies along the same mineral-rich felsic horizon as the A-Zone extension located 500 m to the north-east. LME20-030 was drilled to test and follow up on an historical drill hole (88-33) which intersected 18.7 m grading 0.30 g/t Au, 4.31 g/t Ag, 0.15 % Cu and 1.18 % Zn.
Drill hole LME20-031 was designed to test a large VTEM anomaly combined with magnetic high and to test at depth historic hole 88-33. The mineralized zone is interpreted to widen significantly at depth. This intercept represents a new zone that is completely open along strike and at depth (See press release January 19, 2021).
In April 2021, LAURION commenced its 2021 Diamond Drilling Program with the goal of executing approximately 10,000 metres of diamond drilling, The Corporation retained Rodren Drilling of Poneida, Manitoba.
The objective of the 10,000m drilling campaign, was the definition of the mineralized system along a strike extension of 1.4 km from the A-Zone, (Behzik Zone) 2020 Niish discovery zone to the McLeod Zone. Assay results of the 2021 program confirmed the presence of volcanogenic mineralization, with significant width continuity at shallow depths (up to 150 m vertically) over the 1.4 km strike length between the A-Zone and the McLeod area.
On July 21, 2021, the 2021 diamond drill program was paused due to forest fire hazards, with approximately 6,450 metres of drilling completed at that time. On August 3, 2021, notice was received from Northern Development, Mines, Natural Resources and Forestry (MNRF), to note that the Emergency Order was lifted, and the 2021 drill program was then resumed. The 2021 drilling campaign was terminated in late October, with a total of 8,930 metres of drilling completed of the planned 10,000 metres.
Based on exploration results, the sector between the A-Zone and McLeod was prioritized for the second phase of the 2021 drilling campaign. Results confirmed the continuity along strike between both the A-Zone and McLeod areas.
These assay results combined with the discovery of two historical trenches completed in the program of stripping south-west of McLeod Zone, confirmed that the polymetallic mineralized system remains open in all directions. Mineralization is composed of quartz vein stockworks and sulphide zones comprising varying amounts of pyrite, sphalerite, and chalcopyrite.
Two major types of mineralization are currently recognized:
Concurrent with the 2021 drill program, a program of stripping was also completed a program of stripping and trenching, exposing 4 new mineralized areas of interest: the A-Zone, Niish, Garvey Zone and a new zone, “the Pond”, located near the McLeod prospect, 1.4 km to the southwest of the A-Zone. Stripping on the A-Zone revealed a series of sub-parallel horizons with folded semi-massive lenses, hosting up to 45% sulphides.
A total of five (5) subparallel mineralized horizons were discovered in the A-Zone, all striking to the northeast. These horizons are converging toward what have been interpreted as a fold hinge, with a reconcentration of lense-shaped sulphides. These sulphide lenses consist of brecciated quartz within a sulphide matrix comprised of pyrite, chalcopyrite, sphalerite, and galena and are believed to be part of the volcanogenic mineralization at the Ishkoday Property. A total of 82 channels were sampled across the newly discovered A-Zone extension, and 255 samples were taken on all the trenches.
A new mineralized zone of 4 sub-parallel veins, at the ‘The Pond’ was exposed. These veins are part of the McLeod mineralized system, which is hosted in a sequence of felsic-intermediate volcanic and strikes N215 with a 70 dip to the South. Mineralization can be found in 4 distinct sub-parallel veins which are 20m apart and are composed of brecciated quartz with disseminated fine pyrite (up to 15%), chalcopyrite and sphalerite. This new mineralized area hosts gold, silver, copper, lead and zinc over a strike length of 130m and a width up to 2.7m.
LAURION’s stripping efforts, revealed a series of sub-parallel quartz-sulphide veins, striking to the southwest with a steep dip to the northwest, and a shallow plunge of around 20°.
The orientations of the sulphide veins are comparable to the ones observed at the A-Zone. Sampling focus was put on the 2 main veins: the McLeod quartz vein and the newly discovered polymetallic vein dubbed “The Pond”. The McLeod quartz vein low pyrite (<2%), accompanied by sericite and chlorite alteration. A section of the vein is cut by a regional shear zone and presents a brecciated texture with strong epidote and chlorite alteration. The McLeod quartz vein was power washed for approximately 7m, and four samples were collected.
A high precision laser imaging survey (LiDAR) survey was also conducted at the end of May 2021, providing a high-definition digital elevation model (DEM). The LiDAR survey produced a product which was most helpful in highlighting the possible extension of more than 400m along the A-Zone - McLeod strike, as well as confirming several key N-trending mineralized structures, in addition to already known NE-NEE trending mineralized zones. The N-trending mineralized zones are believed to be comparable structures to the historic Sturgeon River and Brenbar mines, and the Joe and Niish Zone LME20-030 was drilled to test and follow up on an historical drill hole (88-33) LME20-030: 18.50 m of 0.18g/t Au, 14.64g/t Ag, 0.21% Cu and 3.69% Zn from 141.50 -160.00 m, and LME20-031: 70.65 m of 3.90 g/t Au, 6.46 g/t Ag, 0.25 % Cu, 0.40 % Zn from 325- 423.25m.
A soil sampling survey was also conducted to cover the eastern part of the property up to 1km north of the Namewaminikan River, which is located 700m north of the A-Zone. A total of 859 samples were taken from the B-horizon in available soils. All samples were dried, sieved, and assayed onsite using a portable XRF to detect any anomalies in base metals. Copper returned anomalous results ranging from 25ppm up to 191ppm for 48 samples. Indications from soil sampling, grab sampling and historical drilling, indicate a potential extension of mineralization over that area and will require further prospecting and possible trenching.
2022
The 2022 field campaign comprised a planned 15,000 metre diamond drilling program undertaken to follow up on targets delineated during the company’s 2021 program; to expand areas of known mineralization in the area between the A-Zone and McLeod Zones., located on the north-eastern portion of the Ishkoday; and, finally, to continue to test the geological/exploration model proposed by MIRA Geoscience. This area is located within a 2km segment of the 6 km long Ishkoday mineralized trend.
Of the 15,000-metre planned program, LAURION completed 14,214.5 m in 46 NQ diamond drill holes as per the following table. Faubert et Fils of Val D’or Quebec were the drilling contractors for the entirety of the drill program, which commenced on January 11, 2022 and was completed on July 6, 2022.
All drill core for this drill program is stored at LAURION’s core storage facility at the Sturgeon River Mine site. All drill casing was left in place and were capped with casing caps and steel flags and adequately marked to distinguish the drill holes.
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