Auclair Property
| Overview | |
| The Auclair property consists of 318 claims totalling 16,783 hectares and covers a 20-km-long, folded BIF (banded-iron formation) at the eastern tip of the Eastmain greenstone belt, in a geological setting similar to the one hosting the Musselwhite gold mine in northern Ontario. The Auclair project is accessible by road all year-round. Several gold showings were discovered so far on the property in the BIF and in the hosting sediments (wackes). Based on field work undertaken by Virginia Mines between 1995 and 1998, these showings returned values of up to 0.79 g/t Au over 24m in channel samples. Diamond drilling yielded one intersection grading 5.4 g/t Au over 7m on the Arianne showing, in the eastern part of the property, and another one grading 5.2 g/t Au over 4m on the Golden Butterfly showing, in the western portion of the property. A systematic till sampling program covering the entire property has defined two significant gold dispersion trains with probable sources in overburden covered areas. A work program consisting of prospecting and detailed mapping is scheduled for the summer of 2009 and, if warranted, a diamond drill program is planned to begin in late fall of 2009. The technical information regarding the FCI and Auclair Projects in James Bay, Québec contained on this website has been reviewed and approved by Paul Archer, Vice President Exploration and Acquisition for Virginia Mines Inc., a qualified person as defined by NI 43-101.
Auclair Property Click to enlarge  | |