Cadillac Break Property Group
-Overview

The Cadillac Break Property Group comprises 20 properties stretching for 35 km along the Cadillac Break, a regional fault zone that has produced some 100,000,000 ounce of gold since the early 1900’s. Alexandria’s initial 14 properties in this group came from two property agreements with in late 2006 from Aur Resources Corp. (Teck Cominco) and Cambior Inc. (IAMGOLD Corp.). The Company staked or acquired the remaining properties subsequent to the initial purchase. Alexandria holds 100% interest in all 20 properties, which lie in Bourlamaque, Louvicourt and Vauquelin Townships.

The property group hosts four historic gold deposits: Orenada, Mid-Canada, Akasaba, and Sleepy. Two of them, Mid-Canada and Akasaba, are former producing mines, the latter having produced 50,000 ounces at a grade of 5.14 g/t of gold in the 1960’s, and the Orenada has had underground development in the form of a 300 m shaft and two horizontal exploration drifts.

The properties have been explored by various operators since the 1930s, with over 2,400 drill holes completed  since that time. Other work includes multi-property geophysical and geochemical programs, and trenching and mapping, all of which Alexandria has been compiling into a single database. It is worth noting that recent blind discoveries in the region (as at Lapa and Goldex), at depths between 500 m and 1,500 m, show that the Cadillac Break Group of properties is highly underexplored, as most drilling has been in the upper 150 m over the whole package, only locally testing down to 300 m depth.

Geologically, the dominant feature underlying the properties is the Cadillac Break, a regional fault zone that separates metasedimentary rocks of the Pontiac Group on the south side from predominantly volcanic rocks and associated intrusive rocks on the north. However, this large property package hosts a variety of geological environments favourable to gold mineralization, including those which are known elsewhere to host large gold deposits, including: 1) shear-zone, 2) gold-rich massive sulphide, 3) felsic intrusive and skarn, and 3) disseminated gold.

The NI 43-101 report for these properties can be found here

For an interactive map of our Quebec properties please click here

Please note that estimates of grade and tonnage from all historical ore deposits discussed are not compliant with National Instrument 43-101, nor does the company intend to convey that these deposits are Current Resources under the guidelines defined in NI43-101. The company views these as strong advanced stage exploration targets, with excellent potential for advancement; there is no evidence at this time that an economic deposit underlies these properties as defined in the national instrument. More work will be required, as will a thorough review of all data by a Qualified Person with a qualifying report, before these deposits can be classified according to NI43-101.