Normetal Property

Normetal Property

The Normétal property is located 8 kilometers to the NW of the village of Normetal approximately 110 kilometers North of the town of Rouyn-Noranda in the Abitibi region of Quebec. The property consists of 155 claims covering an area of 5,931 hectares.

On a regional scale, the property is located in the Archean Greenstone Belt of the Lac Supérieur structural province. The area is crossed by the regional NW-SE trending Normetal fault.  This fault delineates a major structural corridor associated to massive sulphide deposits such as the now closed polymetallic (Cu-Zn-Au-Ag) Normetal mine and the zinc Normetmar deposit.

More than 11MT of ore with a grade of 2.2% Cu, 5.1% Zn, 45 g/t Ag and 0.55 g/t Au were extracted from the Normétal mine from 1937 to 1975 (as reported by J. Marchand, P. Eng. in his 43-101 report on the Perron Normetal property, May 10th, 2009 p.4). Chalcopyrite, sphalerite, pyrite and pyrrhotite were the main minerals found in the massive lenses.  The deposit extended over approximately 350 meters laterally, 25 meters in thickness and reached a depth of more than 2,400 meters.

The Normetmar deposit is located less than one kilometer to the West of the Normétal mine.  Historical resources (non 43-101) are evaluated to be of 160,000 tonnes at a grade of 12.6% Zn of which 30,000 tonnes would have been extracted.  Ore minerals are similar to the ones observed at the Normétal mine and extend over 55 meters laterally, 5 meters in thickness and to a depth of 1,270 meters.

The Great Plains showing were located in the eastern part of the property, 3 km SE of the Val St-Gilles village. This showing returned historical value of 1 DDH, 0.34 g/t Au, 7.95% Cu, 2.66% Zn and 89 g/t Ag over 2.1 meters. (see J. Marchand, P. Eng. 43-101 report, May 10th, 2009 p.16)

The 6 hole drill programs totalling 1,772 meters performed by Amex in 2006 and 2007 was located in the Great Plains showing area. These campaigns were to test the conductor detected East of this showing in both the  geophysical survey performed in 1996 by Noranda as well as in the MégaTEM survey performed in 2003 by Noranda-Falconbridge in this area. The main conclusions from the Amex drill programs are the following:

• The 2006 drill holes intersected relatively low-grade mineralized zones within weakly altered intermediate volcanic rocks.
• The 2007 drill holes intersected  massive sulphide lenses ranging from 0.3 to 1.2 meters in thickness.  The lenses consisted mostly, in decreasing order, of pyrrhotite, pyrite and chalcopyrite with a value of up to 0.7% Cu over 1.2 meter.
• The 2007 in-hole InfiniTEM surveys indicate that the center of the conductors are slightly off-hole and below the 2007 drill holes.

Based on the 2007 drilling campaign, follow up work will consist of drilling the anomalies obtained during this campaign.