Troilus-Tortigny
Metals of interests: Zinc, Copper, Gold
Ownership: 100 % Beaufield
Location : 125 kilometres northwest of the town of Chibougamou – A portion of the property is accessible by road all year-round.
Surface area : 470 claims covering a total area of 89.2 km2
Highlights :
- Existing infrastructure in the area with the Troilus mine
- Recent drilling continues to expand the Tortigny deposit (2008 drill hole intersected 15% Zn and 6% Cu
- Moleon deposit is on the property
- Favorable geology setting with several showings and deposits in the area
Description :
Beaufield has decided to divide the Troilus area claim blocks into two main groups. The one which is 100% owned by Beaufield contains the Tortigny, Moleon, Crab Lake and Inco Boulder areas. The other group consists mostly of newly staked claims. These are referred to as the New groups. On October 20, 2008, Beaufield entered into an option agreement to advance exploration of the New groups, whereby Melkior will earn a 50% interest on the New groups by spending $500,000 on exploration over a three year period. Of the above amount $250,000 must be spent before June 30, 2009. Beaufield is the operator and the Company incurred an aggregate amount of $387,103 for exploration cost on the New groups as at May 31, 2009. Drilling started on December 4, 2008 and was completed on January 20, 2009. The current grassroots program consisted of drilling 6 holes for 933 metres. The holes targeted specific airborne geophysical anomalies with coincident electromagnetics and magnetics. Prior to drilling these targets they have been confirmed by ground geophysics. The geophysical anomalies drilled are indicative of those typically caused by massive sulphides which in this environment can host copper-zinc sulphides with accompanying gold and silver. While massive sulphides were intersected in 3 or the 6 holes, no significant assays of gold or base metals were obtained. At Tortigny, a copper-zinc-silver deposit, the eight holes drilled in the winter of 2008 were surveyed with downhole time domain electromagnetics. The survey detected off-hole anomalies which could represent an extension of the 12.55 metre intersections assaying 6.02% copper, 15.0% zinc and 145.5 g/t silver. The geophysical data will be modeled to be used for directing drilling. A geological program will begin in July 2009. The budget for this work is $150,000 with a follow-up program anticipated.
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May 3, 2010
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March 30, 2010
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March 17, 2010
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January 28, 2010
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January 15, 2010
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November 24, 2009
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December 8, 2008
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October 24, 2008
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April 8, 2008
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February 22, 2008