| GEOLISTING.com | Canada© |
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| PREISSAC | Cu Ni | VMS (Cyprus) | QUEBEC |
| Geology: REGIONAL: Abitibi Greenstone Belt-Southern margin; Superior Province Archean age except for Proterozoic diabase dykes PROPERTY: covers part of east-west trending granite-granodiorite (Preissac batholith) - mafic volcanic contact zone; Malartic Gp serpentinized peridotite (sill or ultramafic flow), cut by Preissac batholith. |
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| Mineralization: Nickel sulphides in a peridotite associated with the batholith-mafic volcanic contact zone.Massive and disseminated nickeliferous pyrrhotite, pyrite, chalcopyrite and pentlandite(?). |
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| Work: 1964-1967: (Quebec Moly Mining Corp) 2000-2002: Limited exploration including helicopter-borne AEROTEM survey; ground magnetometer work; MaxMin electromagnetic (reconnaissance) survey |
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| Results: Drill hole intercepts include 0.91% Ni over 2.40 m and 0.77% Ni over 1.80 m (drill hole K-2) and 0.56% Ni over 15.0 m (drill hole K-5). Mineralized zone 2.4 to 3.0 m thick, traced for over 150 m drilled 50 to 100 m below surface. Deposit is open to depth and on strike. Historical resource estimates not classified as current mineral resources: 123,830 ton nickel sulphide zone grading 0.65% Ni outlined by Quebec Moly Mining Corp. Another reported amount is 181,000 tons grading 0.65% Ni. The old government geoscientific compilation map of the property indicates a deposit of 112,572 tons grading (also) 0.65% Ni. |
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| Property Details & Access: 2 surveyed claims (Range 6 lots 23-24) ~85 ha direct road access via paved highway and all-weather secondary roads |
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| Detail Location: Preissac Township, Abitibi region ~30 km E of Rouyn-Noranda; centered at UTM 696415E, 5360072N (Zone 17N); NTS map sheet 32D08. |
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| Other Comments: Property is on south shore of Lake Preissac; nickel deposit is ~150 meters south of lake. Marbridge nickel deposit is located ~15 km east; From 1962 to 1968, including production and reserves, the deposit is estimated at 0.77 million metric ton at 2.3% Ni and 0.1% Cu (GSC , World Minerals Geoscience Database Project, 2003). Owner will consider option or sale. |
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| Vendor / Contact: Glenn Griesbach Email: griesbach@gmail.com Mobile: +62 81 186 4022 Skype: glenn.griesbach que06Submitted 07/10 |
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