The property is located 40 kilometres east of Lebel-sur-Quevillon in the vicinity of Metanor, Bonterra and Eagle Hill.
Estimated historical resources (non NI 43-101 compliant) total approximately 110,000 oz @ 6.17 g/t Au. Most of the ore body is found at a depth of between 50 and 200 meters.
149,078 t @ 6,36 g/t Au for the zone A in the probable and possible category.
228,547 t @ 7,56 g/t Au for the zone B in the probable and possible category.
158,275 t as potential reserves in zone A+B combine.
Recommendations, according to the report, were to drill for possible extensions of zone A and B.
A number of 54 vertical drill holes were recommended, representing 25,650 meters of drilling in order to intercept these possible extensions of zone A and B within the specifics as stated above.
Ownership
100% Glen Eagle.
