Fancamp-Embry Properties

 

FANCAMP PROPERTY

COMMODITY
LOCATION
SIZE
CLAIMS
OWNERSHIP

Au
Zn

Chibougamau Area
Quebec 32G10

1,895 ha.

37 claims

100% Murgor
Which was acquired by Alexandria Minerals

 

EMBRY PROPERTY

COMMODITY
LOCATION
SIZE
CLAIMS
OWNERSHIP

Au

Chibougamau Area
Quebec 32G09-10

612 ha.

11 claims

100% Murgor
Which was acquired by Alexandria Minerals

 

Figure 1: Location of the Embry and Fancamp Properties

Figure 1: Location of the Embry and Fancamp Properties

Properties location and description:

The Fancamp Property consists of 37 mining claims covering an area of 1895.0 ha located approximately 30 kilometers southeast of the town of Chapais, and 55 kilometers south of the town of Chibougamau, in north-western Quebec.

The Embry Property is located approximately 25 kilometres south-west of the Chibougamau Mining District in Quebec. The property was staked by Murgor during spring 2009 and consists of 11 mining claims covering 612.3 hectares. It is centered on 49°43’N and 74°28’W (Figure 1).

Both properties is hundred percent (100%) owned by Murgor Resources, which is a 100%-owned subsidiary of Alexandria Minerals since March 9, 2015.

Economic geology:

The Fancamp and the Embry properties lie in the Archean Abitibi Greenstone Belt and more precisely in the Chibougamau Mining District.

The Fancamp Property is underlain by NE-striking mafic to intermediate/felsic volcanic rocks that are flanked to the east by the syntectonic Verneuil Pluton (granodiorite/tonalite) and to the west by the smaller Chico Stock. The Property covers a six kilometers strike length on the Fancamp Deformation Zone (FDZ) and subsidiary shear zones. The NE-trending, 20 kilometres long, FDZ, hosts at least 15 gold deposits and occurrences, including the Chevrier deposit (3.7 Mt @ 5.4 g/t Au) and Chevrier South deposit (8.5 to 9.0 million tons grading 1.8 to 2.2 g/t Au, Tawsho, 2010) located 5 kilometers northeast and on strike with the Fancamp Property. Other important gold deposits in the area include the Joe Mann Mine (4.75 Mt @ 8.54 g/t Au), 12 kilometers to the southeast. The property is also adjacent to the eastern edge of the Monster Lake Property which shows high potential with over 20 drill holes intersections returning grades ranging from 10 to 237.6 g/t.

The Embry Property is in the intersection between the EW-trending Kapunapotagen fault and NNE-trending gold-bearing shear-zones typically host gold mineralization in the Chibougamau Mining District (Figure 2). The Kapunapotagen Break bears many similarities to the prolific Larder-Lake – Cadillac Break in the southern Abitibi belt. It is located in a volcanic dominant greenstone belt with a crustal-scale shear zone with conglomeratic rocks and felsic porphyry intrusions. However the area has seen very limited exploration work.

Figure 2: Location and geological context of the Embry and Fancamp Properties

Figure 2: Location and geological context of the Embry and Fancamp Properties

Previous work:

Work on the Fancamp Property:

Dates Work description Results
1949 Teck Exploration Co. Ltd.

  • Prospecting
  • Drilling: 21 shallow holes (469 m)
  • 20.6 g/t Au over 0.9 m
  • 24.7 g/t Au over 0.7 m
  • 24.7 g/t Au over 0.7 m
1954 Lamaque Mining Co. Ltd.

  • Drilling: 5 holes (610 m)
  • 72.9 g/t Au over 0.3 m
  • 7.5 g/t Au over 0.3 m
1960
  • Drilling: 4 extension holes (26.7 m)
  • 10.6 g/t Au over 2 m
1973 Jerome Exploration & Murgor Exploration

  • Prospecting, trenching and bulk sampling
  • Drilling: 6 shallow holes (162 m)
  • 7.2 g/t Au over 3 m
  • 15.7 g/t Au over 1.5 m
  • 12.3 g/t Au over 3 m
  • 8.2 g/t Au over 6.1m
  • 5.5 g/t Au over 3.7m
1974 Grandad Gold Mines

  • Geological mapping
  • Mag and HLEM surveys
  • Drilling: 10 holes (781 m)
  • 3.4 g/t Au over 1.7 m
  • 3.7 g/t Au over 3 m
  • 7.5 g/t Au over 0.9 m
  • 4.6 g/t Au over 1.7 m
  • 5.1 g/t Au over 3.4 m
  • 3.6 g/t Au over 1.8 m
1980-1981 Advance Murgor Exploration Ltd.

  • Drilling: 16 holes (1666 m)
  • Mag-HLEM surveys
  • Metallurgical testing
  • Trench sampling
  • 4.79 g/t Au over 2.4 m
1985-1988 Murgor Resources

  • Drilling: 34 holes (4444 m)
  • IP and Mag surveys
  • Soil sampling
  • 3.8 g/t Au over 6 m
  • 4.6 g/t Au over 2 m
  • 3.2 g/t Au over 2.3 m
  • 4.6 g/t Au over 3 m
  • 1.4 g/t Au over 2.3 m
1991-1994 Metall Mining

  • Geological mapping
  • IP survey
  • Drilling : 4 holes (1085 m)
2004-2006 Murgor

  • Line-cutting
  • IP survey
  • Prospecting, trenching
2009 Murgor

  • Mechanical trenching

 

Work on the Embry Property:

 

Dates Work description Results
1978 Falconbridge Nickel Mines Ltd

  • Drilling: 1 hole (69 m)
1997 Ressources Oxford Inc

  • Drilling : 4 holes (579 m)
2009 Murgor

  • Airborne survey (Mag-VLF-EM)
  • Soil sampling

Mineralization:

In the Fancamp Property, gold mineralization consists of laminated and brecciated quartz veins within strongly deformed shear zones. Gold occurs in both quartz veins and sheared host rocks, often associated with up to 5% disseminated pyrite. Mineralized gold zone are located along major northeast-trending shear zones showing ground magnetic and electromagnetic high chargeability anomalies (Figure 3).

Figure 3: Mineralized gold zones and occurrences in the Fancamp Property

Figure 3: Mineralized gold zones and occurrences in the Fancamp Property

Exploration targets:

The main target at Fancamp consists of a large NE-trending shear zone with a number of high-grade extensional quartz veins of up to 1.5 meters in width. The East and West Structures consist of two parallel, NE-trending gold-bearing structures, located 15 meters apart, and traced for over 35 meters along strike. The West Structure is a new discovery.

  1. High gold grades are encountered in fold hinges within the NE-trending shear zones. A review of the magnetic map of the property shows several of these fold hinges that have never been tested.
  2. The southern part of the property remains open down plunge (below 50 meters vertical depth) and partially open along strike. The down-plunge extension is obvious drill targets.
  3. Gold mineralization has a strike length of more than two kilometers. Gaps have never been tested despite prospective IP anomalies and are ready for drill testing.
  4. The Fancamp Deformation Zone has been the subject of very limited exploration within the property boundaries. The property has not been effectively explored for 15 years and has great depth potential.

The recent discovery with the adjacent Monster Lake Property shows that there is a strong gold enrichment below surface showings in the Area. The abundance of showing in the Fancamp Property offers prospects of such success.