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St-Robert Property
The St-Robert Property contains numerous sources of mineralization in pyrite-scheelite-molybdenite-stibine-chalcopyrite (tr.) (north zone), pyrite-galena-scheelite (central zone) and sphalerite-silver-rich galena-pyrite-cosalite (south zone)(Wares, 1985; Cattalani, 1987; Athurion, 2013).
According toWares (1985), the mineralization of the St-Robert Property would be associated with a magmato-hydrothermal type system. The cluster of polymetallic showings would be centered above a very strong semi-circular, low frequency aeromagnetic anomaly suggesting the presence of an intrusive mass at depth. The latter would be responsible for the injection of numerous granodioritic porphyritic dykes and also mafic dykes. In addition,Wares (1985)suggests that at depth, the mineralized system could gradually transform into copper-bearing porphyries and possibly into skarns. Geological contexts, sharing many similarities, are observed in the former
This geological setting shares several similarities with vein mineralization settings commonly observed distal to porphyry mineralizations. The following figure shows the metalliferous zoning and the type of mineralization frequently observed in a context of porphyry mineralization (Sinclair, 2007) with an indication of the exploration target(s) for
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Figure 1. Simplified geological model of a classical porphyry deposit associated with an intrusive mass. Note the presence of proximal mineralizations near the pluton and distal vein mineralizations in the crustal rocks above the intrusive mass. Source: Sinclair (2007).
St-Robert Property Exploration
ProfessorMarc Richer-Laflèche, PhD., who is also Scientific Head of the
High-resolution drone magnetic survey to have data with sufficient spatial resolution to detect mineralized zones of metric thickness. The flight of the drone is at low altitude in order to maximize the signal coming from shallow sources.
Soil-gas survey to locate large mineralized zones of polymetallic sulphides (porphyry mineralizations). The following gases will be analyzed at very low concentrations:SOS,CS,CO,CH,,andAsH. The soil-gas method will provide additional information in order to validate the quality of IP anomalies and identify if the chargeability anomalies would originate more from graphite or sulphide mineralization.
Ultratrace sub-surface atmospheric mercury gas survey to search for narrow (metric) gold zones on the St. Robert Property. This method is carried simultaneously with the soil gas survey.
GeoElectric Tomography Survey to produce data and images which make it possible to visualize the variations in the thickness of the Quaternary deposits and to evaluate the depth of the bedrock. In addition to electrical resistivity, the method measures electrical chargeability (IP) which makes it possible to check the presence of sulphides in the rock present under the sedimentary overburden.High penetration
Audio Magnetic Survey (AMT) to image of the electrical resistivity and electrical conductivity of the terrain at depths of up to more than 1500m. This technique makes it possible to detect semi-massive and massive sulphide ore bodies, and also hydrothermal alteration envelopes normally associated with mineralized deposits. The AMT method is very efficient to locate major faults and shear zones, which may be related to ore formation.
Professor Richer-Laflèche's research focuses on geophysical and geochemical studies and covers various applications from mining geophysics to marine geoscience and even archaeology. The team at the
Mr.
Qualified Person
Donald Théberge
About
Leopard Lake is engaged in the business of mineral exploration and the acquisition of mineral property assets in
For additional information, and to view a copy of this news release in French, please visit the Company's website at: www.leopardlake.ca
On Behalf of
ChiefExecutive Officer and President
For further information, please contact:
Chief Executive Officer and President
(604) 290-6152
Forward-Looking Statements:
This news release contains forward-looking statements and forward-looking information (collectively, "forward looking statements") within the meaning of applicable Canadian and
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward-looking statements as a result of various factors, including, operating and technical difficulties in connection with mineral exploration and development activities, actual results of exploration activities, the estimation or realization of mineral reserves and mineral resources, the inability of the Company to obtain the necessary financing required to conduct its business and affairs, as currently contemplated, the timing and amount of estimated future production, the costs of production, capital expenditures, the costs and timing of the development of new deposits, requirements for additional capital, future prices of precious metals, changes in general economic conditions, changes in the financial markets and in the demand and market price for commodities, lack of investor interest in future financings, accidents, labour disputes and other risks of the mining industry, delays in obtaining governmental approvals, permits or financing or in the completion of development or construction activities, risks relating to epidemics or pandemics such as COVID–19, including the impact of COVID–19 on the Company's business, financial condition and results of operations, changes in laws, regulations and policies affecting mining operations, title disputes, the inability of the Company to obtain any necessary permits, consents, approvals or authorizations, including by the Canadian Securities Exchange, the timing and possible outcome of any pending litigation, environmental issues and liabilities, and risks related to joint venture operations, and other risks and uncertainties disclosed in the Company's latest Management's Discussion and Analysis and filed with certain securities commissions in
Readers are cautioned not to place undue reliance on forward-looking statements. The Company undertakes no obligation to update any of the forward-looking statements in this news release or incorporated by reference herein, except as otherwise required by law.
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