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Helm’s Deep Au Project

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Page 1: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep Au Project

Page 2: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

James Bay – Main Au Deposits

Eleonore Mine8Moz

La Pointe

Orfee95 kOz

La Grande Sud350 kOz

Cheechoo / Eleonore South

Clearwater1.5 Moz

Troilus (Au-Cu porphyry)2.1 Moz

Eastmain Mine850 kOz*

Marco100 kOz*

*Non-NI 43-101

Helm’s Deep project

La GrandeOpinaca

La Grande

Opinaca

Opinaca

2THE NEXT MAJOR DISCOVERER IN QUEBEC

Page 3: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep Project : Claims and Other Gold Showings

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Eastmain Resources(Clearwater project)

Goldcorp + Azimut

Many Au occurences and one Au deposit around the Helm’s Deep project

Clearwater Au deposit: Resources (M&I): 853 000 oz at 6.18 g/t AuResources (Inf.): 500 000 Oz at 6.53 g/t Au

Helm’s Deep:70 claims, 37 km2

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New Percival Discovery (Eastmain Ress.)2.35 g/t Au / 87m; 1.46 g/t Au / 78.5m

Page 4: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep Project: New Gold Showings

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Québec

HELM’S DEEP

Basalts

Felsic volcanics

Sandstones, wackes, conglomerates

1.12 g/t Au, 2.12% Cu, 23.5 g/t Ag

2.82 g/t Au. Sheared wacke with Tr Py.

0.68 g/t Au. Qtz-Tourmaline vein

Eastmain-1 Reservoir

Eastmain-1 Reservoir

Several new gold showings found in 2017-2018 Quartz veins with strong, proximal biotite-tourmaline alteration, and distal calcsilicate alteration, in sandstones.

No previous recorded exploration on most of the project

The new, 10 years old Eastmain-1 hydro reservoir provides lots of new, very high quality outcrops; most of the shoreline has never been prospected (by us or others)

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0.73 g/t Au / 0.5m (channel) Quartz-Pyrite veins in wacke

Page 5: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Eleonore Mine – Biotite-Tourmaline-Sulfide Proximal Alteration in Gold Ore

5THE NEXT MAJOR DISCOVERER IN QUEBEC

Page 6: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep - Sandstone with Tml-Bt Alteration

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0.68 g/t Au Diopside alt.

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Page 7: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep - Calc-silicate – Biotite -Tourmaline Alteration in Sandstones

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Very abundant Calc-Silicate alteration in sandstones. Also lots of Quartz-Biotite-Tourmaline veins (Amazing rocks!)

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Page 8: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep – Biotite-Tourmaline-Calc-Silicate Alteration in Sandstones

8THE NEXT MAJOR DISCOVERER IN QUEBEC

Page 9: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep - Calc-Silicate Alteration in Sandstones

9THE NEXT MAJOR DISCOVERER IN QUEBEC

Page 10: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep - Polymictic Conglomerate with Tourmaline Alteration in Matrix

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Similar polymictic conglomerates are found near Eleonore and could mark the location of a major normal fault reactivated during further compression (Timiskaming-type)

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Page 11: Helm’s Deep Au Project · Helm’s Deep Project: Highlights Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the

Helm’s Deep Project: Highlights

Features several new orogenic gold showings hosted in sandstones and Timiskaming-type polygenic conglomerates of the Auclair formation.

Located on the shores of the new Eastmain-1 hydroelectric reservoir. New very high-quality outcrops were created by the flooding. Only a small part of the reservoir shorehas ever been prospected.

Three new gold showings found in 2017-2018: 2.82 g/t Au, 0.72 g/t Au, 0.68 g/t Au,0.73 g/t Au / 0.5m (channel). Gold mineralization occurs as quartz veins and veinletswith strong, proximal biotite-tourmaline alteration, and distal calcsilicate alteration, insandstones.

Abundant and widespread veining and alteration in the sandstones and polygenicconglomerates (biotite, tourmaline, diopside, actinolite alteraitons).

Alteration, host rocks very similar to the multi-million ounces Eleonore gold deposit(Goldcorp). Near significant Au discoveries on the Clearwater Au project.

11THE NEXT MAJOR DISCOVERER IN QUEBEC