Kinebik Gold Property
The Kinebik Project is located in northern Quebec, halfway between the towns of Lebel-sur-Quevillon and Matagami and a two and a half-hour drive from Val D’Or, Quebec. The project area can be accessed year-round via paved and unpaved roads. The property is composed of one contiguous block of 333 claims, making up 18,200 hectares. The property covers greater than 30 km of strike along the Casa Berardi Fault. The Casa Berardi fault hosts the Casa Berardi gold deposit, the largest deposit in the region (c. 6Moz Au), and is located 150 km to the west of the property. Most of the exploration on the property was completed between 1980-1995. In total, 47 diamond drill holes and several prospecting and geophysical surveys have been completed on the property.
Geologically, the property is situated within the north-central portion of the Archean Abitibi Subprovince, in the Harricana-Turgeon Belt, which comprises the Matagami and Taibi volcano-sedimentary basins. It is associated with the Taibi Group, which is defined by the Taibi Fault to the North, and the Casa Berardi Deformation Zone to the south. The project area is part of the Casa-Berardi Tectonic Zone, and is along strike from Douay, Vezza, and Discovery deposits. Major lithological units comprise a mixed assemblage of turbidite-type sedimentary sequences, lesser mafic volcanic and felsic plutonic rocks. The primary area of interest has been the major zone of shearing and hydrothermal alteration at the contact between the clastic sedimentary rocks and mafic volcanic rocks.