SRQ Resources Inc. has provided an update on the current surface delineation of the newly discovered large Magmatic Intrusive Complex ("IC") at the Lac Brulé project in Québec, Canada.
Surface Geological Mapping at Lac Brulé Outlining a Very Large Intrusive Complex, Traced at Surface over More than 25 km together with Deep Conductivity Response. Image Credit: SRQ Resources Inc
Highlights
- The Company has obtained its "Autorisation de Travaux à Impact" (ATI), granting permission for impact-causing exploration work over an area of 13.6 km2 surrounding Target 900.
- Target 900 is marked by a strong gravitational anomaly measuring 3 km by 2 km, beginning 600 m below the surface.
- Target 900 is also aligned with an airborne electromagnetic conductor starting 500 m below the surface, indicating significant depth and lateral extension.
- The target is located on the northern flank and hinge of Lac Brulé’s folded IC, an extensive surface expression formed at the end of the Grenville Orogeny.
- The IC is composed of foliated diorite/leucogabbro and pyroxenite of magmatic origin.
- Detailed petrological and mineralogical studies are currently being conducted to gain a deeper understanding of the complex's composition and structure.
I am excited to announce significant progress in the exploration of the Lac Brulé project and more specifically at the Target 900 site. Target 900 is defined by a substantial large gravitational anomaly starting at a depth of 600 meters below surface and coinciding with an airborne electromagnetic conductor, indicating promising depth and lateral extension. These geophysical characteristics suggest potential for nickel and copper mineralization that warrants further investigation.
Dr. Marc-Antoine Audet, Ph.D., P.Geo., CEO and President, SRQ Resources Inc.
Dr. Marc-Antoine Audet adds, “With our ATI in hand, we remain dedicated to advancing exploration at Target 900 and the surrounding areas, leveraging cutting-edge technology and expert knowledge to unlock the mineral endowment of this promising sector. We are excited about the potential discoveries that lie ahead and look forward to updating stakeholders on our progress.”
The electromagnetic (EM) conductor overlaying the Target 900 high gravimetry response begins at 500 m below the surface and increases in intensity up to the technological limits of the 2021 Xcalibur airborne EM survey, which reaches 600 m below the surface.
The expected EM continuity at depth aligns with the large, elevated gravimetry response starting at 600 m below the surface and extending deeper.
Surface mapping, along with borehole LB-24-29 drill results, gravimetry data, and the EM responses described above, position Target 900 as a prime target for nickel (Ni) and copper (Cu) mineralization.
Target 900 and Regional Potential
Ongoing regional surface geological mapping has identified a vast Intrusive Complex (IC) that appears to have deep roots. The IC's size is evident at the surface due to the extensive magmatic-originated anorthosite/leucogabbro unit overlying intrusive pyroxenite members, highlighted by the 735 m of undeformed and unmetamorphosed magmatic pyroxenite observed in hole LB-24-29.
The IC's shape has been delineated through a combination of magnetic surveys and detailed geological mapping of over 160 surface outcrops, including 25 specific sites of magmatic anorthosite/leucogabbro and pyroxenite.
The IC is situated in the hinge of a large fold, extending into the south and north limbs. Hole LB-24-29 was drilled approximately 250 m east of the anomaly's core. Despite being located at such a distance from the core, the hole intersected several mineralized zones, including 1.51 m grading 0.42% Cu and 0.25% Ni, highlighting the mineralization potential of the entire system.
The Target 900 area is partially located within a biological refuge and is subject to a temporary suspension on the granting of mining claims. This suspension is renewed every six months by the Ministère des Ressources Naturelles et des Forêts (MRNF).
A request has been submitted to the MRNF seeking permission for the Company to carry out subsurface activities, such as testing at depth beneath the refuge, provided that all surface restrictions associated with the refuge are strictly observed—a commitment the Company intends to uphold.
The Lac Brulé property is situated approximately six hours by car from Montreal and 50 km west of the former Renzy Cu-Ni mine.